Home » Press Release » 1Fuel Gains Traction in DeFi as Shiba Inu’s Burn Rate Rises and Dogecoin Faces Key Resistance

1Fuel Gains Traction in DeFi as Shiba Inu’s Burn Rate Rises and Dogecoin Faces Key Resistance

28.12.2024 16:00 4 min. read Kosta Gushterov
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1Fuel Gains Traction in DeFi as Shiba Inu’s Burn Rate Rises and Dogecoin Faces Key Resistance

1FUEL is a must-have altcoin in 2025, and its presale has raised over $850,000 in Stage 2. DeFi enthusiasts are paying attention because 1FUEL boasts unique features that set it apart from competitors.

Meanwhile, Shiba Inu’s burn rate has increased, drawing investor interest, while Dogecoin faces key resistance. With projections of 1,000% returns by Q2 2025, 1FUEL is rapidly emerging as a crypto powerhouse.


This article is sponsored content and does not reflect the opinion of the CryptoDnes team. The material does not constitute investment advice and is provided by the respective company.


1FUEL (OFT): The must-have altcoin revolutionizing crypto in 2025

1FUEL is offering a game-changing solution to the flaws of traditional crypto wallets while enhancing their strengths. With features like disposable wallets, a P2P exchange, an inbuilt privacy mixer, and seamless one-click cross-chain transactions, 1FUEL sets a new standard for user-friendly crypto tools. It removes the necessity of having several coins for network fees and simplifies transactions with an all-purpose token, making it a must-have altcoin in 2025.

The 1FUEL peer-to-peer exchange operates on a distributed order-matching engine and smart contracts without the issues known to central exchanges. Enabling direct user transactions without traditional order books, 1FUEL simplifies trading and reduces friction.

For long-term holders, 1FUEL pays as much as 30% APR rewards—a passive income opportunity alongside utility. This makes it a hot cryptocurrency to buy and a top crypto market pick. Stage 1 of its presale raised over $800k, selling out faster than expected and giving early adopters a 20% gain.

Now in stage 2, 1FUEL is poised for significant growth. Analysts predict a potential 100x return post-launch, further solidifying its status as the top presale of 2024.

Dogecoin whales accumulate amid price dip and growing utility

Dogecoin (DOGE) is down 5% during the last twenty-four hours, 11% over the last week, and 19% over the past month, reaching $0.31. Regardless of the drop, whales have purchased 270 million DOGE worth about $89.64 million in the past 5 days.

Technically, Dogecoin’s recovery remains weak, with bearish moving averages and a negative RSI. If the price falls below $0.30, Dogecoin could drop to $0.27. However, a close above key levels might signal a rise to $0.43. For now, Dogecoin’s future as a top memecoin asset depends on both market sentiment and its growing utility as a payment mechanism.

Shiba Inu faces setbacks amid burn rate surge and metaverse developments

Shiba Inu (SHIB) climbed 7% on December 25th to $0.00002406 before settling at $0.00002215. Trading volume soared to $758.17 million, although the recent unsuccessful rally has left investors questioning Shiba Inu’s long-term momentum.

Despite the price setback, Shiba Inu’s burn rate surged by 98%, with over 6.2 million tokens sent to unspendable addresses. Lead developer Shytoshi Kusama also revealed early access to the SHIB Metaverse, sparking optimism about future developments.

Shiba Inu has immediate support at the 200 EMA near $0.00002055. In case this level fails, Shiba Inu might fall to $0.00001900. For a rebound, Shiba Inu must regain the 100 EMA at $0.00002255 to target the next resistance at $0.00002494. Shiba Inu seems to be losing market interest and increasing trading volume will be essential to its recovery as a top memecoin asset.

Why 1FUEL is poised to dominate the markets

Currently priced at $0.012, 1FUEL could be more lucrative than Shiba Inu and Dogecoin.

While these assets are top memecoins, 1FUEL’s innovative approach positions it as the next-big-thing and getting in now is the best for massive returns. Join the 1FUEL project today.

To Learn More about 1Fuel, visit:

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Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.

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