When a new crypto project is entering the market, it’s smart to check what’s happening with the top projects in its field. This reveals how well it might perform past its launch. The new 1FUEL (OFT) exchange’s presale has reached $2.15 million in a few weeks while Binance Coin (BNB) gears up for new highs by March. Let’s understand what’s driving these moves and how to profit from them.
Binance Coin (BNB): Subsidizing crypto trading and on-chain finance
To understand why BNB could hit new market highs by March, we should look at the more recent developments on the BNB chain. Firstly, the Gas Free Carnival launched in September 2024 has encouraged stablecoin adoption through gas-free transfers that extend to wallets like SafePal.
Stablecoins remain the most popular path from fiat to crypto and vice versa. Increased stablecoin activity in this ecosystem would help push the BNB price higher. Secondly, the BNB chain dedicated at least $300,000 in rewards to encouraging DeFi projects to increase their Total Value Locked (TVL).
Increased BNB deposits in DeFi projects could reduce supply and increase the BNB price. Thirdly, the BNB chain has attracted more AI innovation through low-cost and high throughput capabilities with secure data storage. No wonder we are seeing projects like Holoworld AI, My Shell and ChainGPT thriving in this ecosystem.
1FUEL (OFT): Realizing efficient and interconnected trading
1FUEL is bringing more features to the decentralized trading space, and its progress will likely spill over into existing projects in this field. For starters, 1FUEL will enable cross-chain trading, which will help extend liquidity to lesser-known coins available on other exchanges.
An increase in trading volume for these coins will benefit the other exchanges that support them since they’ll make more in trading fees. Secondly, 1FUEL will offer AI-powered and P2P exchange features that make markets more efficient, especially for small-cap coins.
The ability to trade directly with a preferred party also encourages people to focus more on opportunities in the broader space rather than just one platform. For instance, if one trader is servicing swaps for less popular coins on 1FUEL, they can look for more customers on exchanges in the BNB chain ecosystem and vice versa.
Thirdly, 1FUEL will offer a wallet and a crypto debit card to simplify spending crypto. Crypto holders will be able to use this card via different platforms that allow purchasing BNB and other assets using Visa and Mastercard.
This feature will simplify the flow of fractions of liquidity from various tokens into BNB, some of which will rotate back into new projects via programs like BNB Simple Earn. The tokens earned from airdrops could spur more trading activity on 1FUEL and other exchanges. 1FUEL’s unique feature combination will make more chains and dApps interconnected through market activity, even when they don’t have direct network links.
Why you should join the 1FUEL presale
The 1FUEL presale is one of the only ones offering a 20% bonus on all purchases for all investor sizes. This helps level the playing field, giving smaller investors a chance at growing big through get-in-early opportunities. Also, while the price has been increasing with each new stage, it’s still at $0.018 per token, which is very affordable.
Conclusion: Will 1FUEL exceed BNB’s achievements?
Both projects are prioritizing affordability and AI innovation. However, 1FUEL currently has a smaller “market cap” as an in-presale token, which makes it more attractive to speculative investors. So, from a trading standpoint, 1FUEL could offer more returns before it’s far into its development roadmap. To secure unrealized profits, join the 1FUEL presale and stack enough coins to win from utility-driven and speculative investment activity.
To Find Out More About The 1Fuel Presale Use The Links Below:
- Website: https://1fuel.io/
- Telegram: https://t.me/Portal_1Fuel
- Twitter / X – https://x.com/1Fuel_
