• 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

Virtuals Protocol and t54 Launch Agent Commerce on XRP Ledger

chest

Virtuals Protocol and t54 have announced the integration of agent commerce into the XRP Ledger, enabling AI agents to transact using escrowed jobs and programmable settlements.

user avatarMaria Fernandez

South Korean Opposition Party Seeks to Abolish Cryptocurrency Tax

chest

The South Korean opposition party has introduced a bill to abolish the planned 22% capital gains tax on cryptocurrencies, arguing it creates unfair disparity compared to stock investors.

user avatarRajesh Kumar

Coinbase Expands Global Offerings with Stock Perpetual Futures

chest

Coinbase has launched stock perpetual futures for non-US traders, allowing 24/7 trading of major tech stocks as part of its strategy to integrate crypto and traditional assets.

user avatarGustavo Mendoza

Grayscale Moves to Launch HYPE ETF Following SEC Application

chest

Grayscale has submitted an S1 registration form for the Grayscale HYPE ETF, aiming to trade on NASDAQ under the GHYP symbol.

user avatarMiguel Rodriguez

UK Shuts Down Crypto Exchange Linked to Iranian Military

chest

The UK government has initiated a compulsory strikeoff against Zedxion Exchange Ltd due to false information and connections to Iran's Islamic Revolutionary Guard Corps.

user avatarLuis Flores

Altcoin Market Faces Prolonged Weakness Amid Declining Trading Volumes

chest

The altcoin market is experiencing prolonged weakness due to declining trading volumes and reduced investor participation.

user avatarArif Mukhtar

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.