Binance Coin & Chainlink Holders Are Jumping Into 1Fuel’s Presale, Is This the DeFi Project That Could Shake Up the Market?
The post Binance Coin & Chainlink Holders Are Jumping Into 1Fuel’s Presale, Is This the DeFi Project That Could Shake Up the Market? appeared on BitcoinEthereumNews.com.
Something big is happening in DeFi as the very well known cryptos, Binance Coin (BNB) and Chainlink (LINK) holders are turning to 1Fuel (OFT), a rising DeFi project still in its presale phase. Why? Because 1Fuel solves key DeFi issues with one click cross-chain swaps and built-in privacy making transactions seamless and secure. Already up 70% from $0.01 to $0.017, early investors are seeing strong gains and analysts predict this could be a 100x opportunity. But with the presale moving fast, the window to get in early is closing. Could 1Fuel (OFT) be DeFi’s next breakout? Let’s break it down. Binance Coin (BNB) holders seek new growth avenues Binance Coin (BNB) just completed its 30th quarterly token burn, removing nearly 1.1 billion worth of BNB from circulation. This included approximately 1,634,201 BNB tokens, with around 110,000 BNB burned due to the BNB Chain Fusion. The Auto-Burn mechanism, based on price and network activity, continues to reduce supply, reinforcing BNB’s deflationary model. With over 42 million more tokens set for burning, scarcity could drive long-term value for holders. Despite this, BNB’s price growth has slowed, and some investors are looking elsewhere for higher returns. One rising alternative is 1Fuel (OFT), currently in its presale phase, offering built-in privacy features utilities that BNB lacks. As DeFi evolves, traders are eyeing utility-driven projects for their next move. Chainlink (LINK) investors bet on 1fuel’s DeFi disruption Chainlink (LINK) is seeing increased trading activity, with its price hovering around $24 and a market cap exceeding $15 billion while the trading volume has boosted up over 41% reflecting growing investor interest. As blockchain adoption expands, Chainlink’s oracle services continue to play a key role in securing smart contracts across multiple networks. Despite its growth, regulatory challenges in key markets like Hong Kong are reshaping the crypto…
Filed under: News - @ January 31, 2025 3:26 pm