Tue, February 4

Monday Crashes See Dogecoin Down 22% As Thousands Buy 1Fuel (OFT) For Shelter & Profit Rewards

Monday Crashes See Dogecoin Down 22% As Thousands Buy 1Fuel (OFT) For Shelter & Profit Rewards Press Release

Dogecoin took a brutal hit on Monday, dropping 22% as market volatility rattled investors. While panic set in for some, others shifted their focus to 1Fuel (OFT), a rising DeFi token gaining traction for its strong fundamentals and growth potential. Investors are flocking to 1Fuel’s presale, drawn by its innovative features and the promise of stability. With analysts predicting a potential 40x surge, 1Fuel is quickly becoming a preferred haven.

Dogecoin faces sharp decline amid whale activity and ETF speculation

According to Whale Alert, two massive Dogecoin (DOGE) transactions totaling 104,125,016 DOGE, worth $32.6 million each, were sent from unknown wallets to Coinbase. The identical amounts in both transactions have raised eyebrows, hinting at potential whale activity possibly preparing to sell.  

Dogecoin’s price has been under pressure, falling over 22% since the start of the week and recording a 26% decline from its yearly highs, despite 2025 being just a month in. Currently trading at $0.27, DOGE has hit its lowest point since mid-December. Market watchers are uncertain whether this level will hold as support, but if these large transfers lead to significant selling, it could signal further downside for the top meme coin.  

However, there’s a glimmer of hope. Asset manager Grayscale has filed to launch a Dogecoin ETF, becoming the third major player. This move has revived optimism in the Dogecoin community and expectations associated with a possible rally. Several analysts see this development pushing Dogecoin towards $1, which makes it a top meme coin on the market. Despite recent volatility, Dogecoin remains a well-known top meme coin with solid community support.

1Fuel (OFT): The next big thing in digital asset management

With its revolutionary cross-chain transaction system, 1Fuel (OFT) is fast transforming into a digital asset management game changer. The platform enables individuals to move cryptos across several blockchains with a click, solving the major issues in crypto trading.

Protection and privacy are built into 1Fuel’s design. The platform employs disposable wallets, advanced encryption, and an integrated privacy mixer to preserve transaction anonymity. The platform’s multi-layered security framework protects individuals with significant holdings from known threats and ensures peace of mind.  

Beyond being a secure wallet, 1Fuel integrates advanced DeFi tools with AI-powered features. These include predictive market analytics, automated transaction management, and anomaly detection for added security. This fusion of DeFi and AI transforms 1Fuel into a sophisticated digital asset platform tailored for casual users and experienced investors.  

The platform’s peer-to-peer (P2P) exchange allows direct transactions without intermediaries, lowering expenses. 1Fuel’s physical and virtual crypto cards enable users to spend their digital assets on daily expenses.

For investors, 1Fuel offers attractive staking rewards with up to 30% APR, making it a popular choice even within the Dogecoin community. Its growing influence in the DeFi sector is hard to ignore, positioning it as a strong contender for future growth.  

The ongoing presale reflects this momentum. 1Fuel has already raised $1.7 million, with OFT tokens in Stage 3 priced at $0.017—a 70% increase from the Stage 1 price of $0.01. Analysts are confident this is just the beginning, with projections of a potential 100x surge after launch.  

With rigorous smart contract audits and growing demand, 1Fuel is shaping up to be the best ICO of 2025. As Stage 3 sells out quickly, now is the time to secure a position before the next price jump. 

Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.

Floating Icon