Near Protocol's Gains Questioned as PEPE Holders Shift to 1Fuel Exchange Coin

Near Protocol Faces Scrutiny Amid 1Fuel's Rising Popularity

Near Protocol (NEAR) has shown steady growth in the crypto market, but its recent drop in value has raised questions about its long-term momentum. Meanwhile, PEPE holders and whales are shifting their focus to utility tokens like 1Fuel (OFT), which is backed by an innovative decentralized exchange platform.

NEAR Drops by 30% in a Month

Near Protocol (NEAR) has experienced a significant downturn, with its value dropping by 3.38% over the past month and 25.96% over the last seven weeks. Currently priced at $4.60, the token has raised concerns among investors regarding its potential for growth in 2025.

Despite these challenges, analysts remain optimistic about NEAR’s potential as a top crypto for the next bull run. Some experts are forecasting that the token could reach $20 by the end of 2025. NEAR’s underlying strengths, speed, scalability, and developer-focused architecture, remain its key selling points.

PEPE Whales Consider Utility Tokens like 1Fuel

Pepe Coin (PEPE), once driven largely by community hype and meme culture, has begun to lose its grip on the crypto market. This has prompted investors, especially whales, to look for tokens with more inherent utility. As interest shifts toward tokens backed by strong DeFi ecosystems, many are now exploring options like 1Fuel.

1Fuel stands out with its seamless cross-chain transaction capability. Unlike other wallets like MetaMask and Trust Wallet, 1Fuel allows for one-click cross-chain swaps, reducing the likelihood of errors. With 1Fuel, users can engage with various networks, which makes the token more efficient and user-friendly.

1Fuel’s Live Presale Gains Investor Interest

The live presale of 1Fuel (OFT) has quickly captured the attention of investors, with remarkable progress already made. In record time, the presale has sold 138 million tokens and raised over $1.276 million, marking a significant milestone. Investors are keen to accumulate 1Fuel at its presale price before its public listing.

1Fuel continues to appeal to investors due to its innovative features, especially its cross-chain transaction capabilities and integrated financial tools. This growing interest in 1Fuel highlights its potential to disrupt the market.