Theta and Injective See Red As 1Fuel (OFT) Crypto Presale Raises $750K

Theta Network (THETA) and Injective (INJ) saw red, losing ground in the market. Theta dropped 14% in 7 days, while Injective has seen its 24hr transaction volume drop to $134.12 million. 1FUEL, a  top new altcoin continues to impress with its ongoing presale buoyed by emphatic participation from investors. Here’s why 1FUEL is the best low-cap crypto to buy now for 2025. 

Theta Network (THETA) is down 14% despite partnerships

Theta Network (THETA) has dropped 14% in 7 days but is up 18% on its 30 day chart. THETA currently trades at $2.25, with a decrease in the 24-hour trading volume to 58.01 million. This represents a 17.75% drop. Recently, Theta, the Layer 1 blockchain and decentralized infrastructure for Video, AI, and Entertainment use cases, teamed up with FlyQuest to launch a customized AI esports chatbot.

On the 15-minute chart, THETA rose to $2.77 on a strong bullish momentum. It broke the resistance at $2.616 and tested high at $2.772. Hopes for THETA was they could drive the price further towards $2.82 and $2.85 which would have cleared the immediate resistance at $2.78. Unfortunately  the price pulled back, traders who usually buy on dips may find re-entry opportunities at the support zones of $2.723 and $2.665.

Injective (INJ) dips 28%, Analysts remain optimistic with a price target of $380

Injective (INJ) has demonstrated resilience in the past, bouncing back from drastic price dips. It currently trades at $20.89, down 28% in one month. Also, the 24-hour trading volume has decreased to $134.27 million.

INJ is showing bearish patterns, currently below the critical support level of $21.65. However experts do see a potential breakout, which could see an enormous 1,100% pump toward $380.  This scenario has sparked enthusiasm among investors, despite the token’s recent poor performances. For instance, the 50-day moving average (MA) for INJ is currently at $25.82. Analysts expect the 200-day SMA to hit $23.68 by January 11, 2025. The 50-day SMA indicates that INJ is in a consolidation phase before a rally. 

If INJ can move its position above the critical support level of $21.65, there’s a strong possibility it will break through key resistance levels, setting the stage for a dramatic surge towards $380 in the near future.

1FUEL positioning to lead the DeFi sector as presale raises $750k

After enjoying a great start in its ongoing presale, 1FUEL , a new altcoin, looks poised to be the most trusted cryptocurrency wallet for the next generation of crypto transactions. The presale has raised over $750,000 in a few days having advanced to the second phase. Early backers are already at 20% profit. 

Innovative features such as 1-click multi-chain transactions give it a massive edge. This enables users to move digital assets seamlessly in an increasingly interconnected ecosystem. In addition, its privacy mixer enables anonymous transactions, addressing the growing concerns about security and privacy. With cold offline storage capabilities, your assets are not just secure, they become untouchable. 

With an ever-increasing user base, 1FUEL’s P2P exchange is another utility. The network effects continue to expand as more users get on board. This is why analysts have no doubts about backing the 1FUEL token for 100x returns when it hits the exchanges. The unique blend of use cases for the token and the gaps it fills in the industry means there is a lot of room for expansion. 

Theta’s price dropped 14% in 7 days, while Injective has seen its transaction volume decline to $134.8 million. 1FUEL is the best low-cap crypto to buy now at $0.012. Experts anticipate possible returns of around 100x upon launching in 2025. 

Discover More About 1FUEL:

Presale: https://www.1fuel.io/ 

Telegram: https://t.me/Portal_1Fuel 

X: https://x.com/1fuel_?s=21 

Meta Description: Theta Network (THETA) and Injective (INJ) saw green, gaining ground in the market. As 1FUEL gains momentum, experts project possible 100x returns. Get in now and be part of the best presale of 2024.