Early position holders have eyes for profitable crypto assets. They made the most of the Shiba Inu pump and are about to do the same with the budding 1Fuel. This has put crypto traders on their heels, as they hope to buy into 1Fuel before it’s too late. The new token is billed for a massive upward rally and may yield explosive profits for proactive investors. This makes it a good crypto asset to have in your portfolio now. 

Can Shiba Inu return explosive yield like the early days? 

Shiba Inu gained popularity due to its early gains of up to 10,000x  in May 2021. The meme coin became an Internet sensation getting endorsement from major market movers like Elon Musk. Shiba Inu quickly rose in prominence and was able to make early position holders wealthier. The Shiba Inu token remains a prominent token in the crypto space, ranking 17th, with about $11b market cap. However, Shiba Inu isn’t looking as promising as before. 

The meme coin is on a downward run, dipping by about 17% in the past month. Shiba Inu is now below its $0.000020 critical support level, trading at $0.000018 currently. Analysts say the chances for an explosive run from Shiba Inu looks slim. But they expect the meme coin to reverse its dip in the coming month gradually. Shiba Inu could rally back to its $0.000024 monthly high in February, possibly ending Q1, 2025, at $0.000030. 

1Fuel: Early investors eye Shiba Inu-like returns 

Crypto investors have been on the lookout for the next 10,000x token and 1Fuel may just be the one they are looking for. The new token is gaining high traction despite just being a presale token. Top investors see 1Fuel as a low risk purchase with a high tendency to yield high returns. Hence, many are positioning themselves to gain from it massively. 

The presale token is valued at $0.017 currently, but could be worth double by the next phase. This makes it important to join early, to enjoy low-price entry and potential high-margin return. The projection for the 1Fuel token is high and joining the presale at this early position could bring up to 1000x. Patience investors may even enjoy higher yield than that from 1Fuel. 

The 1Fuel project is among those expected to disrupt the DeFi space. The crypto project will come with a cold storage feature and technologies to make tr

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Author: Crypto Daily