What Will Happen to 1Fuel’s Sale Price if SOL Does This?

What Is 1Fuel & Why Are Holders Suggesting It Will Outperform in 2025?

Many strategies in different crypto markets depend on activity in other crypto markets. Some great examples include Bitcoin vs. Altcoin season, USDT issuance, and more. Let’s find out what certain moves in the Solana price could mean for 1FUEL’s sale price.

Solana (SOL): A bullet train in the blockchain transaction world

Recently, Solana has been experiencing a pullback that has reached roughly 7.76%. Solana was at $200 on 16th January and reached $287 on 19th January before dropping to $232 the next day. To make sense of all this, we need to understand the definition of short-term in crypto. It’s defined as “Starting from a few weeks to a few months.” 

From here, we should then pay attention to the psychological boundaries of $200 and $300 on the Solana price chart. Many short-term traders are driven by news of a cryptocurrency hitting such round figures in price. Solana’s all-time high is $294.85, according to Coinbase, so $300 is the never-seen-before territory that many aspire towards. 

It would also mean that Solana has surpassed its best performance and is heading into a new era. That means all current pumps and pullbacks within the $200 to $300 range can’t spur as much hype as a move above $300. With a looming Solana ETF approval, $300 could make more people rush in to accumulate before the ETF supercharges the price.

So, now that we know the attention grabber in the Solana market and what it could cause within that market, how could this response affect the 1FUEL price?

1FUEL (OFT): An all-in-one crypto exchange solution

In the first few days of a new Solana all-time high, a project like 1FUEL could experience reduced attention. However, this is only bad news if you’re unseasoned.

Therefore, a new Solana all-time high above $300 will create the perfect opportunity for 1FUEL. Remember, the most common pivot trade from large cap layer one coins like Bitcoin, Ethereum, and Solana is to get into dApps’ native/utility small cap tokens.

This is where 1FUEL’s use case gains attention. DeFi, in general, and DEXs, in particular, remain trusted destinations to get into after making profits from a large cap. So, as many short-term Solana buyers feel the jitters of being at the market top, in “Buy the rumor, sell the news” territory, things get interesting.

The main question becomes, “How long can the price stay above this new high while Solana ETF approval news delays?” No one wants to be the last to sell, so many look for safe altcoins (like DEXs) where they may not make more profit but will at least maintain their portfolio value.

This is where those who bought 1FUEL while Solana was having all the attention will profit. Even small inflows into the 1FUEL market will move these early holdings upwards. Be smart during Solana’s next big move by watching 1FUEL.

Conclusion: Solana or 1FUEL, which one should be the focus?

Truthfully, by the time Solana sets a new all-time high, the 1FUEL presale might be done. This would mean the $0.017 per token offer with a 20% bonus is no longer available. You’d be left taking a major risk by grabbing an already pumping Solana near a local top and having little upside before a major pullback.

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 article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or project mentioned in this piece; nor can this article be regarded as investment advice. Please be aware that trading cryptocurrencies involve substantial risk as the volatility of the crypto market can lead to significant losses.