Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
1FUEL gains traction over Solana and Toncoin among suggestive traders looking for long-term value.
Table of Contents
Solana (SOL) and Toncoin (TON) are known for their high growth potential, with analysts predicting substantial increases. However, traders are preferring a new altcoin, 1Fuel (OFT), over these already popular cryptocurrencies.
1Fuel is also set to achieve massive growth this year, and this growth is expected to be especially better because it’s still in the presale stage.
Analysts split between $500 and $50 for Solana
Solana has had ups and downs lately, although the token increased by 21.11% in the past month. Analysts have both bearish and bullish forecasts for SOL, and there’s no telling which one is more likely.
The bullish forecasts expect SOL to hit the $500 mark, supported by the Solana ecosystem growth. If this happens, SOL might remain a leading crypto investment for this year.
On the other hand, critics suggest concerns over market volatility and competition from other altcoins can drive SOL down to $50.
Toncoin’s potential to hit $20
Toncoin is currently valued at $4.79, with an 8.23% decline over the past week.
Most analysts suggest it’s unlikely for TON to leap to $20, as this would be an increase of over 250% from its current price. However, they are optimistic that it will continue to surge owing to its ecosystem, which is elevating among other top Layer-1 blockchains.
1Fuel positioned for growth
All eyes are on 1Fuel as traders expect a 10x growth for the new altcoin.
1Fuel has been attracting much attention in its presale phase. It has already sold over 159 million tokens, a significant milestone that has boosted investor confidence. 1Fuel is
Go to Source to See Full Article
Author: Guest Post