With the current year gradually winding down, Cardano and Bitcoin investors are wondering what’s next. We provide helpful insights into the cryptocurrency’s future here while also discussing 1Fuel — the potential next big thing in crypto. 1Fuel looks like the real deal, and its presale is fast selling out. The new token is among the top crypto presales to watch out for in the market today.
Bitcoin price outlook: Experts say bullish momentum is far from over
Bitcoin has lived up to experts’ prediction of a wonderful performance in 2024. The topmost cryptocurrency by market cap had numerous factors in its favor, including halving, ETF approval, and positive election impacts. These factors and other intrinsic ones contributed to Bitcoin’s surge to a new all-time high.
Bitcoin has surpassed the highly coveted $100k prize zone, and it’s keen to build on that success and soar even higher. Currently, Bitcoin is valued at $98k after failing to defend its $103k all-time. However, market observers expect the anticipated general market pump to push Bitcoin above $100k again. Investors project Bitcoin to settle around $105k in Q1 2025, while analysts believe Bitcoin will start making a play for $110k from mid-January.
Experts say Cardano’s struggles after the uptrend could be momentary
Cardano has been on a decline since the past week. The altcoin has now dipped 10% within this period, briefly falling below $1. Cardano’s drop in momentum came amidst its rally to $2. Cardano failed to beat the resistance at $1.32 and fell below its nearest support level.
However, Cardano is gradually finding its momentum again. At press time, it rallied 10% within a few hours, reversing the loss that took it to $0.98. While Cardano investors are skeptical of its prospects going forward, analysts say Cardano could still end the year bullishly. They believe the recent dip is momentary, and the altcoin could resume its rally towards $2 soon.
Cardano has a $3.10 all-time high and could attempt to return to that price zone if it eventually breaks into $2. This could give early Cardano investors something to cheer about. The altcoin is gradually recovering and could make a good addition to portfolios ahead of 2025.
1Fuel: New DeFi token flashes buy signal as the presale keeps gaining momentum
The 1Fuel token could be the one of the top crypto presales in 2024. The new token is attracting top players in the crypto space with its unique utility, and its value could skyrocket as the demand increases. 1Fuel will function as a utility token, allowing users to enjoy the unique features of the 1Fuel wallet. The groundbreaking crypto wallet will provide users with rare utilities, allowing them to transact securely and affordably.
The 1Fuel wallet will be the go-to medium for seamless cross-chain transfer and peer-to-peer exchanges. Transactions are not only simplified on 1Fuel, but they are also private, secure, swift, and cheap. 1Fuel appeals to every crypto user’s pain points, including those who need help with managing their portfolios effectively.
Market observers believe these vital contributions position 1Fuel for mass adoption. The crypto solution could quickly become the most used, potentially driving the demand for 1Fuel token. From all indications, the 1Fuel token will dominate the market space, making it the next big thing in crypto.
Crypto investors can make the most of 1Fuel’s predicted boom by joining its presale. The new token looks highly likely to reward investors, and the earlier you join the presale, the better.
Join 1Fuel Presale
The 1Fuel presale is an opportunity for proactive investors to earn big. Investment in 1Fuel at this stage offers low risk and high returns, making it ideal. The 1Fuel token has a lot of potential, and early adopters would gain a lot when it leaves up to this potential. Join the presale now!
Learn more about 1FUEL. Click on the links below:
Presale: https://www.1fuel.io/
Telegram: https://t.me/Portal_1Fuel