Occasionally, a solid crypto project performs poorly in the short term because of the negative sentiment surrounding the broader category it belongs to. Recently, Pepe has experienced this, being a great memecoin project suffering because of bad press about other memecoins. However, one project’s misfortune is another’s good luck, so let’s explain why 1FUEL could benefit from a predicted 20% drop in the Pepe price.
Pepe (PEPE): An unrelenting memecoin innovation
Pepe has been steadily working towards providing more utility for investors and other enthusiasts. These efforts extended to the AI world, with Pepe pushing Based AI, an initiative to use dormant crypto miners to train AI models.
But while this sounds like an ingenious plan, the Pepe project is suffering on multiple fronts. Firstly, there’s been plenty of pump-and-dump schemes in the memecoin world lately. And as Solana memecoins heated up, these rug pulls became even worse, with many coins crashing shortly after launch and not recovering.
This has led many to believe that the entire memecoin space has no real value, so they don’t learn about the amazing things projects like Pepe are attempting. Secondly, Proof-of-Work crypto miners remain disliked by many environmentally-conscious investors. And the success of many proof-of-stake chains has made these miners look even worse.
Thirdly, Pepe’s push into AI could also face greater scrutiny from AI-averse people. Lately, there’ve been more concerns about how AI models are trained in a manner that infringes on people’s data privacy rights. Moreover, more people are worried that AI is being used to give biased answers and censor certain information.
Others even believe there should be a slowdown in AI development to address how to tackle scenarios where AI learns more and disobeys user instructions. And while this level of learning may still be far away, some believe that AI products could be compromised by hackers and used to hurt people. From self-driving cars to smart home systems, people want stronger protections against the power of these usually helpful innovations.
1FUEL (OFT): A streamlined intelligent trading platform
1FUEL is gearing up to address many of the concerns above. Firstly, 1FUEL’s AI-powered features will run on a Proof-of-Stake platform, meaning they’ll consume less energy. Investors will be able to utilize trading bots that continuously learn and improve profit generation without destroying the environment.
Secondly, 1FUEL will offer built-in mixing capabilities that can conceal a coin’s transaction path. This will be handy for those with data privacy concerns. Anything they do on-chain using AI will be significantly protected from surveillance tools and other techniques that wrongfully capitalize on such data.
Thirdly, 1FUEL will enable users to choose between automated solutions and manual ones. For example, while many DEXs rely on automated market makers and liquidity pools only, 1FUEL will also have a P2P exchange option.
This means that users can opt out of automated solutions anytime if they feel these features have been compromised, intentionally or inadvertently. They’ll be able to trade directly with preferred parties for the best rates available.
Why you should join the 1FUEL presale
The 1FUEL presale is in stage four, and people are already scooping up the token, whose price has risen to $0.018 per token. They see this rise as reassurance about the strong demand for a project that reimagines and enhances the use of AI on-chain. With the 20% bonus still available, you can get into this trade with a meaningful position, but time is of the essence.
Conclusion: Will 1FUEL overtake Pepe?
While the Pepe project has a bright future, a near-term 20% Pepe price crash would mess with its momentum. The project may need to change the narrative and quell people’s fears regarding AI and energy-inefficient blockchain solutions.
By this time, 1FUEL could already be miles ahead in rolling out improved innovations. So, slide through to the 1FUEL presale and get enough tokens to profit highly from the inevitable AI and blockchain innovation changes.
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_
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