The crypto world has seen some big moves and game-changing investments recently. In addition, crypto news has erupted that a French Ethereum (ETH) hedge fund has taken an early position in a new crypto called 1Fuel (OFT).
1Fuel is an innovative DeFi project that has introduced P2P exchange and one-click cross-chain transactions. This move by the French ETH hedge fund company could have a snowball effect on OFT and its value could grow exponentially.
The token presale of OFT has already raised over $1.4 million in funding. This new crypto is expected to rise over 100x after launch. Is it the best time to invest in this DeFi coin? Read on to know more!
Vitalik responds to Ethereum Foundation criticism as DeFi coin ETH lags behind
Ethereum co-founder Vitalik Buterin addresses criticism surrounding the Ethereum Foundation leadership reform. In a tweet, Buterin clarified that he is solely responsible for deciding the new EF leadership team until the foundation establishes a proper board.
He also warned that the toxic social media environment is harming Ethereum’s development ecosystem. Amid this chaos, ETH has not performed well despite BTC hitting a new all-time high.
In the last week of January, ETH was trading around $3,200 with a slight decrease of 5.85% in the past month. ETH is down 34% from its all-time high. Analysts expect this DeFi coin could trade above $4,000 if it regains bullish momentum.
Yet, a French ETH hedge fund has invested in a new crypto, OFT. Crypto experts believe this hedge fund could have foreseen a bigger picture with 1Fuel.
1Fuel tackles crypto challenges with advanced privacy, security, and P2P features
The decision to invest in 1Fuel by the French hedge fund at its presale stage is not a routine allocation. There is speculation that suggests 1Fuel can outshine other established DeFi projects with its fully functional DeFi ecosystem.
This investment has sparked a snowball effect and other institutional and retail investors are rushing to secure OFT tokens in its token presale. They believe 1Fuel has a huge potential in the DeFi space.
1Fuel addresses the biggest pain points in crypto management. You may be juggling the hassle of switching networks between Ethereum, Binance Chain, or Tron to transfer assets in different networks.
The on-click cross-chain transaction technology of 1Fuel makes it easy to smoothly transfer cryptos between different networks. In addition, it also provides cold storage solutions, which keep your coins offline and safe from multiple threats.
With built-in privacy tools like disposable wallets and transaction mixers, 1Fuel also guarantees anonymity. Besides these privacy features, you can also use cryptocurrencies in your daily life for spending via 1Fuel.
1Fuel integrates debit and credit cards, enabling users to spend their crypto by instantly converting it to fiat at physical and online stores. But, what if you want to exchange different cryptos without visiting a centralized exchanger?
Well, 1Fuel has integrated peer-to-peer exchanges where users can easily swap their cryptos with low fees. The fact that its wallet is non-custodial makes it safer and gives you full control of your crypto coins.
With all these features including support for international transfers, 1Fuel integrates the blockchain with everyday life perfectly!
OFT: The new crypto promising 100x returns with top security
Currently priced at $0.017 per token, 1Fuel (OFT) has already risen 70% from its initial price of $0.010. Looking ahead at 1Fuel’s roadmap, crypto experts are predicting a 100x return from this new crypto if it fulfills its promises.
Only 70% of the allocation for this stage is remaining before the end of the token presale. Don’t wait too long and miss the train. Get OFT tokens before this new crypto enters tier-1 CEXs.
In addition, the smart contracts of 1Fuel have passed audits from top security firms. No vulnerabilities or security threats were detected. You can invest in OFT without any worry.
Buy OFT now for 100x gains!
To Find Out More About The 1Fuel Presale Use The Links Below:
Website: https://1fuel.io/
Telegram: https://t.me/Portal_1Fuel
Twitter / X – https://x.com/1Fuel_
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