Price: $0.33916 0.7591%
Market Cap: 50.02B 1.4726%
Volume (24h): 2.46B 0%
Dominance: 1.4726%
Price: $0.33916 0.7591%
Market Cap: 50.02B 1.4726%
Volume (24h): 2.46B 0%
Dominance: 1.4726% 1.4726%
  • Price: $0.33916 0.7591%
  • Market Cap: 50.02B 1.4726%
  • Volume (24h): 2.46B 0%
  • Dominance: 1.4726% 1.4726%
  • Price: $0.33916 0.7591%
Home > Information news > Meme Coin Investors Look Beyond Dogecoin and Shiba Inu—1Fuel Gains Traction With Whales

Meme Coin Investors Look Beyond Dogecoin and Shiba Inu—1Fuel Gains Traction With Whales

Release: 2025/01/01 04:08 Reading: 256

Original author:TheNewsCrypto

Original source:https://coinmarketcap.com/community/articles/677444fc0e45f374badb96f7

Memecoins Give Way to Utility Tokens in Crypto Market

Dogecoin (DOGE) and Shiba Inu (SHIB) have long held dominance as top memecoins in the crypto space. However, investors are increasingly pivoting towards utility tokens, which offer practical value backed by financial projects.

Utility Tokens Gain Momentum

1Fuel (OFT) is a DeFi token that has garnered significant attention with its innovative features. These features offer solutions to pain points in digital finance, driving long-term value for investors.

Dogecoin and Shiba Inu's Expected Growth

Dogecoin remains the largest memecoin by market cap, showing a remarkable increase of 247.82% since 2024. Analysts predict continued growth, with some projecting it could surpass $1 or even reach $4.

Shiba Inu has also seen significant growth, with a current value of $0.00002112 and a 101.56% increase since the year began. Investors anticipate a similar 100% surge in 2025, potentially reaching $0.00005.

1Fuel's Cutting-Edge Features

Unlike memecoins that rely on hype and community sentiment, utility tokens like 1Fuel are backed by tangible projects. 1Fuel's DEX wallet offers cross-chain transactions, privacy enhancements, and integrated financial tools.

Investors Flock to 1Fuel

The 1Fuel presale has achieved impressive milestones, with stage 1 selling out rapidly and stage 2 approaching completion. Analysts estimate that 1Fuel's value could soar by 1000% when it is publicly listed.

Conclusion

While Dogecoin and Shiba Inu may continue to generate excitement, investors are turning towards utility tokens like 1Fuel that offer practical solutions and long-term growth potential.

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