If you’re entering the crypto markets late or didn’t get it right the first time, traditional cryptos may not make you rich. Many investors are leaving traditional cryptos for new crypto projects like 1FUEL’s exchange platform. Let’s explain why this is the case and how you can ride this wave into a better life.
Traditional Crypto Drawbacks
Large market caps
While this is a good signal of a coin’s maturity, a large market cap means it’s harder for a coin’s price to move by much in a short time. It’s easier to make money quickly when you buy a coin cheaply, and it shoots up within a few days or weeks. Traditional cryptos like Bitcoin and Ethereum are no longer cheap and barely have sudden sharp price moves.
Modification Costs
As a pioneer, many will watch and learn from your mistakes. So, while you’re spending time and resources on correcting them, new crypto projects will have started without these flaws and could overtake you.
For instance, say you were impressed by Ethereum’s progress while still using a proof-of-work consensus mechanism, and you invested. Other chains chose to launch as proof-of-stake instead of converting later. During this time, they gained market share while the Ethereum price occasionally suffered due to negative press about the dangers of proof-of-work.
By the time Ethereum switched, it didn’t feel like a groundbreaking move but rather a long overdue one. There was less applause than there should have been. Remember, people had to stake tokens indefinitely and deal with the anxiety of not knowing when the first unlocking would be available.
1FUEL (OFT): An timely answer to traditional crypto shortfalls
1FUEL is taking a development path that’s very aware of modification costs. Many decentralized exchanges started with the automated market maker approach that relies on liquidity pools. However, many users were soon demanding alternatives like the orderbook approach.
As many DEXs scramble to incorporate this into their offerings, 1FUEL is already working on delivering a P2P exchange feature that will mirror this approach. This exchange will enable users to trade directly with their preferred parties and always get the best deals.
Another area of concern is the infusion of AI into decentralized trading. Many DEXs aren’t configured to ingest rapid commands associated with different tokens in one wallet. However, by combining an exchange and wallet, 1FUEL ensures its AI-powered features work smoothly.
For instance, a bot trading for a user will be able to initiate 10 different trades, each associated with a specific coin, but with all the trades being part of a broader strategy.
Why you should join the 1FUEL presale
The 1FUEL presale offers tokens at $0.017 per token, and with 70% already sold, you could be about to miss out on the 20% bonus on presale purchases. Getting some tokens now will ensure a low enough entry point on the price curve to benefit from the post-tier-one exchange launch pump.
Conclusion: How much 1FUEL should you buy?
The 1FUEL presale ends when the last token is bought, and no one can predict this. So, as an investor looking to maximize your gains, you should buy as much as possible, whether periodically or at once. Head to the 1FUEL presale site for a chance at life-changing crypto profits.
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: The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets. Past returns do not always guarantee future profits.
