Bitcoin’s Longterm Differences With Litecoin Show Why 1Fuel (OFT) Forward Thinking Tech Will Be A Force To Reckon With
With many of the first cryptocurrencies launched still in the top ten by market cap, we often look at their characteristics to determine how successful a new project might be. In this case, we’ll consider Bitcoin’s long-term differences from Litecoin and how they highlight 1FUEL’s potential.
Bitcoin (BTC) vs. Litecoin (LTC)
Firstly, Bitcoin’s total supply is capped at 21 million coins while the Litecoin total supply is at 84 million coins. This means it’ll take longer for Litecoin’s supply to get to a point where people want to rush in. As a result, Bitcoin’s scarcity could continue overshadowing Litecoin’s progress.
Secondly, Bitcoin has evolved to offer more functionality including NFTs known as Bitcoin Ordinals. These are creating new possibilities regarding the kinds of financial services businesses can offer on the Bitcoin blockchain.
Moreover, with the introduction of Bitcoin Ordinals, network validators now have a new revenue stream as more gas fees are paid to mint and transfer these tokens. On the contrary, Litecoin has yet to develop additional functionality that makes it more lucrative for validators and useful to end users.
1FUEL (OFT): A visionary in the decentralized trading space
1FUEL is emulating Bitcoin’s ethos by providing more functionality than the typical decentralized exchange. For starters, 1FUEL will provide a dedicated wallet for handling multiple cryptocurrencies and connecting to dApps on different chains.
Secondly, 1FUEL will enable cross-chain trading, eliminating the risks associated with traditional bridges. More importantly, this means those who stake tokens stand to get more rewards from the trading fees paid by the exchange users. Remember, at least 4% of 1FUEL’s total supply will be allocated to trading rewards.
Thirdly, 1FUEL will double down on the decentralization ethos by offering a P2P exchange feature. This will enable users to trade with their preferred parties and get the best deals in a more democratic manner, which also increases market efficiency.
1FUEL will lead the charge in AI-powered decentralized trending, enabling traders to kick back and relax as intelligent bots polish their trading strategies and increase profits. This will bode well for trading fee revenue and market efficiency.
1FUEL will also provide built-in mixing capabilities to help you conceal your transaction paths so you can maintain a competitive edge. 1FUEL will complement this with military-grade cold storage to secure inactive coins in offline locations where malicious actors can’t reach them.
Why you should join the 1FUEL presale
The 1FUEL presale has now entered Stage 4, so it’s crucial to get some if you’d like to lock in unrealized profits. Remember, the presale has a 20% bonus on all purchases, and the tokens go for $0.018 per token, which is a very low entry point.
Conclusion: Can 1FUEL return more than Bitcoin and Litecoin?
Bitcoin and Litecoin are proven projects, but they are already large caps. Furthermore, the Litecoin total supply is too high to attract the same investment sentiment as Bitcoin. However, 1FUEL is still in an infant stage, meaning those who get in early can multiply their holdings significantly. So, what are you waiting for? Head to the 1FUEL presale and get the remaining tokens.
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 text above is an advertorial article that is not part of Coincu.com editorial content. |
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