The post $2m Nears For Super-Fast 1Fuel OFT Token As PEPE & DOGE Holders Join Bull Run appeared on BitcoinEthereumNews.com.

In 2025, the future for the new 1FUEL token (OFT) looks bright, according to experts. It is touted by many as one of the best cryptocurrencies to invest in.  This newcomer’s outlook is a promising one compared to other cryptocurrencies including meme coins, such as DOGE and PEPE. While the meme coin market appears to be recovering, 1Fuel’s projected growth dwarfs that of DOGE and PEPE. Let’s find out why. The Market Evolution: PEPE’s Rise To Prominence PEPE is an Ethereum-based memecoin inspired by the Pepe the Frog internet meme that leverages meme-driven popularity.  In the spring of 2023, PEPE skyrocketed through a tax-free simple structure common amongst memecoins. It reached a market cap of $1.6bn and raked in gains for early investors. As a result, the surge sparked a broader ‘memecoin season’ and triggered price swings in other meme-based cryptocurrencies.   The question now is: will PEPE manage to keep this momentum? Its roadmap features a potential future growth with a “meme takeover.” Given the nature of memecoins as inherently risky and volatile instruments, PEPE’s rapid progression and an incredibly strong community of supporters make this token a noteworthy option for investors in the current market cycle. Bitwise Set to Launch Dogecoin ETF  Soon, Dogecoin (DOGE) holders could have something to cheer about as the launch of a Dogecoin ETF gets the green light. Such an approval would have the same positive impact as an ETF did for Bitcoin, and Bitwise is actively working to accomplish this.  On Tuesday, January 28, Bitwise submitted an S-1 registration statement to the SEC for a Dogecoin spot ETF, the second Doge ETF filing with the regulator. This follows Bitwise’s decision to set up a Dogecoin Trust in Delaware last week. This comes at a time when institutions are showing interest in memecoin ETFs…

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Filed under: News - @ January 30, 2025 9:23 pm