Dogecoin and Shiba Inu Recovery Begins but Traders Are Betting That 1Fuel’s Transaction Tech 50X Surge

As the crypto market took a heavy hit following uncertainties about the impact of economic issues, including newly imposed trade levies revealed by former U.S. President Donald Trump, finding a crypto independent from market trends has become essential. High market volatility has left investors concerned. 1Fuel (OFT) is emerging as a promising option, while Dogecoin and Shiba Inu remain heavily hype-based cryptocurrencies.

With Dogecoin (DOGE) and Shiba Inu (SHIB) bouncing back, 1Fuel’s (OFT) cross-chain transactions and real-world spending solutions mean the cryptocurrency is a better option for investors looking to safeguard their portfolios and ride the momentum. Let’s see why these tokens are attracting investors.

Shiba Inu Whales Accumulate; Can it Rebound?

Many investors are rebalancing portfolios to prevent losing value. Recently, Shiba Inu (SHIB) has lost a lot of value. The price plunged thirty percent over the weekend which saw it come down to below $0.000015. This was the SHIB lowest seen in five months from September 2024. As of the time of writing, it had corrected to $0.00001603.

Shiba Inu, being a memecoin, is more volatile. Still, some encouraging news exists. The lower price is being purchased by large investors. Buying by big investors means that they have faith in the coin’s future, and it can rebound.

Further, the new ShibTorch V2 portal and Shibarium integration skyrocketed Shiba Inu’s burn rate by 4,930%. It means cutting down on supply which could then lead to rise in price.

Dogecoin: Bullish Reversal Begins as Whales Resume Accumulation

After two days, whales sold off 310 million Dogecoin worth $75 million, and Dogecoin (DOGE) tumbled to $0.25. The situation worsened as Donald Trump’s tariff announcement caused Bitcoin and the wider market to fall.

However, whales are now resuming accumulation, and bullish signals have started to appear. If Dogecoin maintains above $0.30, it may rally. Such a rebound at this level would mean that the recovery would extend towards $0.40 according to the 0.786 Fibonacci level. However, Dogecoin is likely to stay vulnerable to further downside unless holders create enou

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Author: Crypto Daily

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