Dogecoin and Shiba Inu, popular memecoins, have long been favorites among investors in the cryptocurrency market. However, trends are shifting as investors start looking beyond these tokens towards options that promise more than just viral appeal.
1Fuel, a DeFi token, is one such contender gaining the attention of major investors. Its appeal lies in its association with financial projects, setting it apart from traditional meme-based coins.
This movement highlights a growing interest in utility-backed tokens among crypto enthusiasts, especially those known as whales, which are large-scale investors in the crypto market.