DOGECOIN: 11% Up Rising, Toncoin Holders Scramble To Buy 1Fuel’s Presale As Tech Could 100x Experts Say

Dogecoin rose 11% within the last seven days, raising hopes for a solid price breakout for DOGE investors.

Toncoin holders, on the other hand, are expressing bearish sentiments as the weekly return on TON settles at 2%. Dogecoin and Toncoin, looking for opportunities to record higher profits in the crypto market, are shifting attention to 1Fuel, with top experts predicting the token could 100x in the coming bull run.

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Dogecoin up 11% as DOGE ETF sets to launch

Dogecoin would be the first memecoin to draw institutional interest for a spot in the stock market. Last week, Grayscale, one of the biggest crypto management firms, announced a recent filing to the US SEC for a DOGE ETF.

Dogecoin price rallied up after the announcement as investors expressed positive expectations from the SEC’s vetting results. Grayscale has previously filed for ETFs for Bitcoin and Ethereum with positive approval rulings from the SEC. The bump in Dogecoin price reflects a positive outlook for Grayscale DOGE ETF approval, which would serve as a major catalyst for the token’s growth.

Under massive institutional investments, Dogecoin could break its 2021 $0.73 all-time high and surpass the community’s DOGE-to-$1 goal. While the 7-day recovery is yet to offset the monthly dip, recent price data shows a steady uptrend as bullish traders take over the market. The surge is projected to continue, with prices expected to break above $0.3 in the coming week.

Toncoin slips below $4 intensifying bearish waves despite ecoystem updates

Following the market correction that broke Toncoin’s $5 resistance level, the token has struggled to regain upward momentum. TON has plunged further below the $4 mark after a series of steady declines in the past week. Toncoin holders are left to reconsider the future of the token as uncertainty on a potential reversal looms in the markets.

Last month, The Open Network (TON) foundation announced Toncoin as the sole blockchain for Telegram mini-apps, raising the potential for higher blockchain activity in the coming weeks as projects transit to TON. Recently, Toncoin announced a partnership with LayerZero for increased interchain operability. However, the Normalized Metric Risk (NMR) for TON has hit its lowest levels yet, signaling the coin is presently undervalued for its current price. Toncoin is currently trading at $3.79 within the last 24 hours.

Dogecoin and Toncoin hop on 1Fuel presale for a 100x ROI.

Investors looking for the next 100x crypto gem are hopping on the 1Fuel presale as analysts predict an upcoming massive price pump. 1Fuel is an innovative blockchain wallet with a groundbreaking model for on-chain interactions. The platform provides one-click access for users to conduct cross-chain transactions using OFT, its native currency. 1Fuel also blends with traditional finance by providing a crypto debit and credit card users can use to shop online. With additional features ranging from a P2P exchange to cold wallet solutions that beat existing wallet options, analysts predict 1Fuel’s worldwide adoption that will 100x the token upon launch.

Conclusion

Lock in on the next 100x crypto gem that is positioned to not only redefine cross-chain interactions but yield massive returns for early investors. Join the 1Fuel presale today to secure your slots for the next big cryptocurrency.

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_

This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.

Alexander Stefanov