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Home » Theta Fuel (TFUEL) Price Prediction: Can TFUEL Token Ever Outpace XRP20

Theta Fuel (TFUEL) Price Prediction: Can TFUEL Token Ever Outpace XRP20

adminBy adminAugust 10, 2023No Comments5 Mins Read
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Theta Fuel (TFUEL) Price Prediction: Can TFUEL Token Ever Outpace XRP20
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In August, Theta Fuel (TFUEL) got a price boost, making people think it might keep going up. People are also excited about XRP20 tokens because they did well in their presale; they’ve already collected more than $1.552 million. People who trade are watching how TFUEL is doing to see where it might go, especially since the whole crypto market is busy.

Currently, TFUEL is at $0.04013, and lots of trading is happening—more than 2.293 million. The price has gone up by 0.50%. In the last 30 days, TFUEL has gone up by a lot—about 8.25%.

Theta Fuel (TFUEL) Stats:

  • TFUEL Price – $0.04013
  • TFUEL Market cap – $250.737 Million
  • TFUEL Circulating supply – 6,238,452,282 TFUEL
  • TFUEL Total supply – 6,238,452,282 TFUEL
  • TFUEL CoinMarketCap ranking – 416
Source: CoinMarketCap

TFUEL’s Price Range: Insights from the 4-Hour Chart

Check out TFUEL’s 4-hour chart. It might have a hard time at $0.04060 as it goes up. But it could still increase if many people want it and buy it. Keep a close eye on the support level at $0.03980; if it goes lower, there might be significant losses. But don’t worry; there’s still a chance it could go up if the support stays strong.

Source: TradingView 4H Chart

Keep an eye on TFUEL’s price range; it’s interesting to see! If the price stays lower than $0.04060 and $0.04160, it might have a hard time going up. But if it gets support and stays above $0.03980 and $0.03910, that’s good.

The price could exceed this range, maybe $0.04060 or even more. It all depends on what people who want to buy do and if the price keeps above the 7-day and 14-day moving averages.

The RSI for TFUEL is about 30, which suggests that sellers are more active than buyers. This could mean the price might go up in the coming days. But be careful! Any gains could disappear quickly if the price goes below those moving averages. You could think about using stop-loss orders to keep your profits safe and not lose too much.

Alternative Theta Fuel (TFUEL)

A new crypto presale, XRP20, has already gathered over $1.552 million. There are just a bit of the presale tokens left to sell. This is making people think the next cryptocurrency could be fascinating.

 

They’re saying XRP20 is like the next version of the famous XRP token. It’s a chance for investors to try a token similar to XRP. People are increasingly interested in the presale, and some are guessing that XRP20 might do even better than XRP. They think this might happen when it starts trading on decentralized exchanges after the presale.

XRP20’s presale has hit over $1 million in sales, with early investors grabbing over half of the available tokens. Demand has been soaring for the past week, driven by FOMO (fear of missing out) in the market. People want to get their hands on XRP20 tokens.

You can buy XRP20 for just $0.000092, which is much cheaper than the lowest price XRP was sold for at $0.0028. This is attracting those who missed out on buying XRP earlier.

XRP20 might hit its $1.85 million target in a few days if things keep going like this. The project is creating a lot of excitement, with its Telegram channel gaining many new members. Even influencers like Jacob Bury on YouTube are talking about it.

We’ll only know if XRP20 can keep up this excitement after the presale. But right now, the community is interested, and you might want to join in too. XRP20 is marketed as a way to experience XRP again. It’s giving a second chance to those who missed out before.

Even though there’s no direct connection between the two projects, XRP20 is using the success of XRP to its advantage. The team hopes to repeat that success with this new token. Their marketing strategy seems to work well, as many investors buy before the presale tokens run out.

$XRP20 is set up as a deflationary token with a buy and burn mechanism that sends 0.1% of every buy and sell to a burn address🔄🔥

These mechanisms will reduce the token supply over time, increasing the scarcity💎

Find out more now!🌐

🔗https://t.co/l238y01sFA#Blockchain pic.twitter.com/8dMKPc7gKk

— XRP20 (@XRP_20) August 8, 2023

XRP20 is launching when the original XRP is facing challenges, having dropped by about 33% in the last three weeks. The new token is taking advantage of the market situation and people’s search for different investment options. On top of their marketing, XRP20 also offers features like staking and token-burning, which attract more investors.

Related:

Wall Street Memes – Next Big Crypto

Wall Street Memes
  • Early Access Presale Live Now
  • Established Community of Stocks & Crypto Traders
  • Featured on BeInCrypto, Bitcoinist, Yahoo Finance
  • Rated Best Crypto to Buy Now In Meme Coin Sector
  • Team Behind OpenSea NFT Collection – Wall St Bulls
  • Tweets Replied to by Elon Musk

Wall Street Memes


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