The post 1Fuel Rockets Ahead With Heavy Investments From Solana and Tron Whales, Poised for 50x Growth appeared on BitcoinEthereumNews.com.

As Solana and Tron continue to break records this season, crypto investors actively search for which new coin on the market holds the most potential for a huge price surge. Lately, one project’s presale has been making big waves as blockchain investment experts forecast an expected 50x ROI in the coming months. Keep reading to get in early on 50x forecast as 1Fuel’s token presale gains increasing appeal across the cryptocurrency playfield. Solana Passes Moving Average: Set to Hit $500 Solana (SOL) is keeping its bulls on their toes as it just broke through a key resistance trendline and surged above the $240 mark. SOL just passed its 100-day moving average and technical indicators like the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) now point to a strong upward trend in the market.  Grayscale Investment’s recent filing for a Solana ETF with the SEC has triggered most of the excitement around the price surge. If this ETF is granted, it could boost Solana’s institutional appeal, and the coin could level up to join the list of top cryptocurrencies. SOL’s price shot up by 5% almost immediately the filing was announced, and now optimistic blockchain investment experts are forecasting that it could even reach the $500 price mark. Currently valued at $243 and reaching the $500 mark means Solana would deliver an impressive 100% ROI from its current price. Yet, even this notable ROI pales compared to the returns anticipated for 1Fuel (OFT) if it hits its target price of $0.5. Tron Reaches New Heights as TVL Hits $36.2 Billion Solana is not the only beneficiary of Grayscale’s recent moves. On December 4, the total value locked (TVL) on Tron hit $36.2 billion, and Tron’s TRX token recently reached a record-breaking price of $0.44. Although it then corrected…

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Filed under: News - @ December 9, 2024 6:20 am