Flash crashes in crypto markets are always interesting as they reveal the coins investors have more confidence in. This start-of-February sell-off has seen Dogecoin and Shiba Inu nearly double the losses that large caps saw as their investors search for stability in the new unknown 1FUEL token. Let’s understand why. Dogecoin (DOGE): The undisputed king of memecoins Since 1st February, the Dogecoin price has fallen from around $0.33 to $0.27, a nearly 29% decline. This has put it amongst the worst performing memecoins during this sell-off, and two questions come to mind. Will Dogecoin be dethroned in the memecoin kingdom soon, or is all this part of a broader sentiment towards all memecoins? The Dogecoin price has since recovered by about 18%, making back roughly half of its losses, which shows that this was a buy-the-dip opportunity for many. However, until we are sure that the sell-off is complete, we can confirm where Dogecoin ranks on the list of most loved memecoins or the broader altcoin lists. Shiba Inu (SHIB): The enduring challenger of the memecointhrone In this same sell-off period, the Shiba Inu market lost about 27.7% in price, considerably less than Dogecoin's decline. Dogecoin has since regained roughly 11.1%, slightly less than Dogecoin's recovery. This could indicate that the Shiba Inu market had many long-term holders who had already secured their positions and weren’t interested in adding much more. However, many people still bought the dip, partly because of Shiba Inu's determination to innovate beyond memes. The Shiboshi NFT, Shibarium L2, ShibaSwap and SHIB: The Metaverse projects have shown that Shiba Inu remains rapidly pursuing utility. 1FUEL (OFT): The new kid on the exchange block 1FUEL has emerged as a great opportunity for investors to bet on utility from the get-go rather than buying a baseless token and hoping the team will build useful features when markets dip. 1FUEL’s crypto exchange and wallet will offer decentralized trading in a single and neat dashboard. You’ll be able to plug into dApps on various chains and utilize your different coins. 1FUEL will also provide AI-powered features, enabling traders to not get caught off-guard as they did with this February sell-off. These tools will predict such events and readjust trades accordingly, even when the wallet's owner isn't available. 1FUEL will strengthen decentralized trading security using built-in mixing capabilities and military-grade cold storage to protect transaction paths and inactive coins. Why you should join the 1FUEL presale 1FUEL has no more than 28% of its stage three presale tokens available, so the $0.017 price and 20% bonus on all purchases are about to disappear. Now is the time to stock up on 1FUEL so that you’re early to the “altcoins with utility” trade that could keep on giving every after a market-wide sell-off. Conclusion: Is 1FUEL safer than Dogecoin and Shiba Inu? Currently, 1FUEL is safer than Dogecoin and Shiba Inu, possibly giving more unrealized profit. Since 1FUEL isn’t yet on the open market via tier-one exchanges, you don’t have to worry about a further dip when buying it. Instead, you benefit from the limited supply, so join the 1FUEL presale and lock in tons of future profits without facing the current risk in the markets. 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_ Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
