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Shiba Inu and 1Fuel Whales Drive Altcoin Growth While Dogecoin Slows

The post Shiba Inu and 1Fuel Whales Drive Altcoin Growth While Dogecoin Slows appeared first on Coinpedia Fintech News Dogecoin has hit a pause after its remarkable climb to an all-time high in December, leaving many wondering if its momentum will resume. Meanwhile, its memecoin rival, Shiba Inu, is capturing attention as analysts predict significant growth for the asset in 2025. Adding to the excitement is 1Fuel, a rising star in the DeFi space, which is set to drive altcoin growth with its anticipated public listing in Q2 2025. With Shiba Inu gaining traction among whales and 1Fuel’s innovative features increasing investor confidence, the altcoin market is gearing up for a dynamic year ahead. Dogecoin Slows Down After Huge Gains Dogecoin hit its all-time high of $0.4672 in early December but has since experienced a steady decline, now resting at $0.336. As the recent crypto market selloff eases, Dogecoin has faced the steepest losses. The largest memecoin by market cap has tumbled by 16% in the last week. Following its three-year high, the original memecoin has shed nearly half its value, causing investors to wonder whether it would recover. While Dogecoin struggles, attention has turned to another memecoin that will explode in the next altcoin rally, which is Shiba Inu. Analysts Predict 250% Growth for Shiba Inu in 2025 Shiba Inu has attracted the attention of a lot of investors, especially since analysts have predicted a staggering 250% growth in 2025. After reaching an all-time high of $0.00003556 in March, SHIB experienced a decline before rebounding to $0.00003293, only to drop again. Shiba Inu (SHIB) has formed a symmetrical triangle pattern, indicating potential for a significant price movement. Analysts suggest that a breakout above the upper resistance line could propel SHIB to a target price of $0.00003255, representing a potential 32% increase from current levels. Despite being a memecoin, the main reason why SHIB has a bullish outlook is Shibarium, its Layer 2 blockchain. Shibarium is making SHIB, making it one of the best utility tokens. Investors are turning to tools like MetaMask and Ledger to securely hold and manage SHIB. 1Fuel OFT Predicted to Grow by 1000% Upon Listing Investors are buzzing about 1Fuel OFT, a promising new altcoin currently in its live presale stage. With stage 1 already complete and stage 2 over 50% finished, the presale has sold more than 86 million tokens. At its current presale value of just $0.012, OFT offers the lowest entry point for investors eager to secure the token before its anticipated public listing in Q2 2025. Analysts predict a 1000% growth upon listing, making it one of the most exciting opportunities in the crypto space right now. Unlike the memecoins that will explode, such as Dogecoin and Shiba Inu, 1Fuel OFT stands out as a utility token with intrinsic value driven by its robust features. OFT’s growing appeal highlights its potential as one of the best utility tokens to watch in 2025. 1Fuel’s DEX wallet has proven itself as a good alternative to tools like MetaMask and Ledger, especially since it facilitates cross-chain transactions without third-party tools. Its cutting-edge privacy mixer also exceeds the capabilities of wallets like MetaMask and Ledger, which currently lack integrated privacy tools. Investors Anticipate Altcoin Growth in 2025 As 1Fuel OFT gains traction in the altcoin market, it’s becoming a top contender for the next crypto rally. Unlike top memecoins, 1Fuel comes with a comprehensive ecosystem for long-term growth potential. Its value has attracted the attention of many investors, who are rushing to accumulate it in the presale. If you would like to find out more information about the presale: Presale: https://www.1fuel.io/ Telegram: https://t.me/Portal_1Fuel X: https://x.com/1fuel_?s=21 Finbold

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Bitcoin Price Targets Key Breakout: Bulls Eye Upside Momentum

Bitcoin price started a decent increase above the $96,000 level. BTC might continue to rise if it clears the $100,00 resistance zone. Bitcoin started a decent upward move above the $96,000 zone. The price is trading above $96,500 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $98,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $96,000 support zone. Bitcoin Price Could Regain Momentum Bitcoin price started a decent upward move above the $95,000 resistance zone. BTC was able to climb above the $96,500 and $97,000 resistance levels. The pair cleared the $98,000 resistance level and traded close to the $100,000 resistance level. A high was formed at $99,400 and the price is now consolidating gains. There was a test of the 23.6% Fib retracement level of the upward wave from the $92,415 swing low to the $99,400 high. Bitcoin price is now trading above $96,500 and the 100 hourly Simple moving average. On the upside, immediate resistance is near the $99,200 level. The first key resistance is near the $99,500 level or the recent high. A clear move above the $99,500 resistance might send the price higher. The next key resistance could be $100,000. A close above the $100,000 resistance might send the price further higher. In the stated case, the price could rise and test the $102,200 resistance level. Any more gains might send the price toward the $103,500 level. Another Decline In BTC? If Bitcoin fails to rise above the $100,000 resistance zone, it could continue to move down. Immediate support on the downside is near the $98,200 level and the trend line. The first major support is near the $96,000 level or the 50% Fib retracement level of the upward wave from the $92,415 swing low to the $99,400 high. The next support is now near the $95,000 zone. Any more losses might send the price toward the $93,200 support in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $97,000, followed by $96,000. Major Resistance Levels – $99,000 and $100,000. Finbold