Shiba Inu (SHIB) gained 8% last Wednesday in a recovery attempt after dipping to a major low of $0.0000116. While Bitcoin is consolidating at 97k with signs of a possible breakout above 100k in the next few days, Shiba Inu ecosystem has been subjected to declining profitability. Investors are diving into 1Fuel presale as analysts predict a 100x meteoric rise upon exchange listing. Shiba Inu records ATL profitability as sell-offs continue Shiba Inu is currently trading at $0.00001622 as price recovery continues in the daily time frame. Shiba Inu's profitability recorded an all-time low with 17% of holders still in profit. Over 70% of SHIB investors are losing money due to the token's persistent downtrend. Concerns about the future of SHIB are driving bearish sentiments among traders as current price momentum signals upcoming sell-offs at resistance zones. However, SHIB surged 8% last Wednesday, and on-chain data shows whales are still accumulating the token despite long-term holders facing difficulties with profitability. If accumulation continues to build up and break through the next crucial resistance point at $0.000023, it may rekindle a strong bullish sentiment that may drive Shiba Inu to new highs. Given recent Shiba Inu price trends, the slight surge appears to be a temporary uptrend as the token has formed a descending candle on the daily chart suggesting a strong bearish trend. In the absence of a significant surge in demand, Shiba Inu may veer off towards a new low, plunging long-term holders further into loss. In addition to the waning network growth indicating less interest from new investors, Shiba Inu may struggle to get back on track if the ecosystem does not offer investors strong incentives to bet on the future of the token. While SHIB’s recovery trajectory is unclear, investors are joining 1Fuel super-fast tech project which boasts of a promising market outlook. Shiba Inu investors turn to 1Fuel (OFT) for a 100x profit potential While investors are closely watching SHIB reaching critical entry levels to break even, attention is being diverted to 1Fuel super-fast tech platform offering as high as 100x returns upon listing. 1Fuel is a new exchange platform with a cutting-edge blockchain wallet that simplifies on-chain transactions. The exchange is currently offering its native token, 1Fuel (OFT), to investors at a discounted price of $0.018 before it launches on major crypto platforms. 1Fuel’s uniqueness lies in how it allows users to process on-chain transactions completley in a single click. This super-fast technology is possible with the use of OFT for cross-chain transactions eliminating the need for multiple transaction processing. Market analysts predict 1Fuel’s rapid scale-up as the platform offers additional features like cold wallet storage solutions and crypto credit and debit cards that offer more value compared to competitors. Crypto experts say 1Fuel will yield 100x upon launch as the platform's super-fast tech storms the crypto space. Conclusion Whether you’re a long-term Shiba Inu investor holding on to losing tokens or you’re in the market for a good crypto project that will yield a nice return, 1Fuel is the best investment to make right now. Join the 1Fuel presale for a 100x return as OFT launches on exchanges. 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_ Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
