Bonk Slips 5% While Pepe Gains Weekly Volume – Can Utility Coins Like 1Fuel Outpace Meme Hype?

Bonk is still battling bear pressure, while Pepe seems to be edging closer to a breakout. However, investors are skeptical about the meme coins’ prospects, with meme hype drastically reducing.

Utility coins like 1Fuel are currently generating buzz, as they look likely to be highly profitable. 1Fuel, in particular, has been a top crypto purchase option for crypto whales due to its predicted massive post-presale rally. The new token could do about 2000% after its launch.

1Fuel: The new token fueling the drive towards a better DeFi experience 

Unlike meme coins, 1Fuel isn’t just hype and no utility. The new token will combine both, and it’s expected to have the short-term success of most meme coins and the longevity of top altcoins. 1Fuel boasts utilities in the growing DeFi space, which will add to its value over time. The token has positioned itself as important for crypto users, making it a top crypto purchase option at the moment.

With 1Fuel, users are expected to enjoy the best of DeFi. The crypto project will enable hassle-free swapping or transferring of assets on different networks. It will support seamless peer-to-peer transfers and have a cold storage solution. 1Fuel will ensure users’ anonymity by utilizing a built-in mixer to guarantee privacy.

The project has undergone necessary audits and security checks. Hence, it’s safe and reliable for investors. 1Fuel’s exciting prospect is making it a sensation amongst top crypto investors. The token presale is becoming more popular, and early investors are likely to gain massive returns from the project.

Bonk’s price fall continues as bearish sentiment grows 

After gaining over 13% in the past week, Bonk is back on a downtrend. The meme coin has slipped by 5% at the time of writing and may fall below $0.000030 soon. According to experts’ crypto price forecast, Bonk bearish run may last a while due to the dying meme hype. However, the Bonk could still yield good returns before 2025 ends.

Bonk is known for a good price action during favorable periods. Hence, patient investors can expect a high yield from Bonk during the next bull cycle. The meme coin endured some period of price fall this year and still went on to set a new all-time high last month. Investors are optimistic that Bonk can replicate a similar run in 2025, but experts advise caution.

Pepe fights to regain momentum as bearish pressure persists 

Pepe is another meme coin fighting the bear pressure. The frog-themed token trades around $0.00001755 currently, totaling about a 38% drop from the $0.000028 all-time high it set around early December. Pepe investors are hoping the price direction will change before the new year, but the current crypto price forecast doesn’t support the expectations.

Pepe is likely to struggle in early 2025, but the meme coin could turn the tides around Q2. Analysts expect Pepe to break through the $0.000030 resistance around this time and surge towards $0.000050. This suggests that Pepe could still be a profitable buy, especially for investors who buy the Pepe dip.

Conclusion

With the market favouring utility tokens and the meme hype gradually dying, 1Fuel could be a better purchase than Pepe and BONK currently. The new 1Fuel token has great utility in DeFi and looks poised for a massive pump. Join the presale now.

More about 1Fuel’s presale:

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.