What's Going on With Dogecoin (DOGE)? AI Analysis Favors Competitor at $0.012 to Touch $2 First

27-12-2024 By: Pooja Lodwal
What's Going on With

1Fuel Presale Outshines DOGE as the Best Crypto Investment

Investors and experts who initially advocated for investments in the Dog meme mascot token, Dogecoin (DOGE), are now questioning their decision about the asset's potential to deliver profits shortly.

This realization comes as 1Fuel, an emerging token, now sits among the best cryptocurrencies to invest in. 1Fuel has quickly become the buzz of the crypto space and communities, raising $850,000 in record time during its ongoing presale.

DOGE buzz fades gradually

DOGE was the talk of the town, particularly after the U.S. election results were announced and the establishment of the Department of Government Efficiency (D.O.GE.) was revealed, to be headed by Elon Musk, a major DOGE shareholder.

Between the U.S. election on November 5, when DOGE traded at a high of $0.16, the token saw a meteoric price increase of 226.88%, reaching $0.484 and being tagged as the next big asset.

However, since then, the token has failed to deliver the gains earlier and later investors who purchased at the peak had anticipated. At the time of achieving its most recent high, DOGE had declined by 45.87%, bringing its price down to $0.31.

Further analysis by technical experts suggests that more declines could be witnessed, with DOGE trading at a much lower price of $0.2288 before any conversation about a rebound or likely bull run for the token begins.

The downtrend is seen in its 24-hour performance as its trading volume declined by 11.19% to $2.54 billion, its open interest dropped by 4.51% to $2.01 billion, and its market cap fell by 4.84% to $46.37 billion. Investors are increasingly seeking safe havens to avoid losses.

Investors are beginning to reduce their DOGE holdings as they perceive the asset will decline further and are exploring best cryptocurrencies to invest in.

As experts fail to make accurate predictions about DOGE, AI (Artificial Intelligence) analysis has pointed to 1Fuel as the asset expected to outperform as 2025 approaches. So far, 1Fuel offers the most potential gains, and investors are encouraged to buy at its current price of $0.012.

BUY 1FUEL NOW

1Fuel to $2 ahead of DOGE: AI analysis

The AI analysis isn’t just bullish on 1Fuel outperforming as the bull market closes; it anticipates that 1Fuel, at its current presale price of $0.012, is a better purchase than DOGE at $0.31. It predicts that 1Fuel will be the first to reach $2.

Should 1Fuel hit $2, investors at this current presale phase will realize a total of 167x returns on their cryptocurrency investment—a gain that DOGE may not replicate. This analysis is supported by the high utility 1Fuel is expected to bring to the market.

1Fuel is backed by a cryptocurrency wallet currently in development that is expected to be an industry game-changer. It has a multitude of features, such as a privacy mixer to provide anonymity, multichain transactions with a unified gas token for fees, and a peer-to-peer (P2P) exchange compatible across multiple countries.

Conclusion

1Fuel is, without a doubt, the best cryptocurrency investment to watch for in 2025. At the time of writing, its current Stage 2 is 56.3% sold, and this will likely be the last opportunity to purchase as other major cryptocurrencies, such as DOGE, experience massive declines.

To Learn More about 1Fuel, visit:

Presale: https://www.1fuel.io/

Telegram: https://t.me/Portal_1Fuel

X: https://x.com/1fuel_?s=21


Also read: Sentient AI Secures $1.5M Raise, Prepares AI Agent Launchpad on Sui
WHAT'S YOUR OPINION?
Related News
Related Blogs