• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Altcoin Season Analysis: Will 1Fuel Overshadow XRP and SHIB?

user avatar

by Giorgi Kostiuk

a year ago

As the altcoin season approaches, attention turns to XRP and SHIB, while 1Fuel emerges as a potential leader in the upcoming crypto rally.

XRP's Oversold Status

Recent movements in XRP suggest the asset has declined by approximately 29.64% after reaching a new high. According to Binance and TradingView data, XRP is now in oversold territory, which suggests a potential rebound is anticipated.

SHIB's Struggles in Attracting Investors

SHIB faces challenges as investors start selling off the asset. In the past month, SHIB has decreased by 22.19%. A 24.35% increase in sales volume over the last 24 hours indicates a cautious stance among investors.

Why 1Fuel Could Lead the Next Altseason

Experts highlight that the upcoming altseason will favor utility-focused cryptocurrencies. Analysts see potential in 1Fuel, with its token set to play a significant role in a new crypto ecosystem.

As altseason nears, 1Fuel captures the attention of investors, promising to be one of the most promising assets with a potential 100x growth.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Mutuum Finance Plans Overcollateralized Stablecoin and Layer 2 Expansion

chest

The project aims to introduce an overcollateralized stablecoin and expand to Layer 2 solutions to reduce fees.

user avatarFilippo Romano

China Approaches Largest Government Bitcoin Holder Status

chest

China is nearing the United States in Bitcoin holdings, potentially becoming the largest government holder.

user avatarAndrew Smith

Ethereum Market Experiences Volatility Amid Institutional Integration Discussions

chest

Ethereum's market experiences volatility following discussions on institutional integration and self-staking.

user avatarJacob Williams

Ethereum Redefines Digital Art When the Network Becomes the Medium

chest

Ethereum is reshaping the way digital art is created and preserved by using the network itself as the medium.

user avatarZainab Kamara

Buterin Critiques Forced Bitcoin Adoption in El Salvador

chest

Vitalik Buterin critiques the forced adoption of Bitcoin in El Salvador, arguing it undermines public liberty and democracy.

user avatarAyman Ben Youssef

Vitalik Buterin Critiques Complacency in Crypto Community

chest

Vitalik Buterin critiques complacency in the crypto community, emphasizing the need for critical evaluation and caution against blindly supporting projects with unrealistic returns.

user avatarSon Min-ho

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.