1Fuel is a project that is working on a Web3 wallet.
The project focuses on three main points: security, privacy and accessibility.
The team announced an all-in-one decentralised wallet that will allow users not only to store their cryptocurrencies, but also to exchange between tokens, i.e. a real exchange. In addition, the wallet will enable cross-chain swaps and peer-to-peer transactions.
Although the product is not expected to be released before Q2 2025, pre-sale of the native 1Fuel token is already underway. To date, the project has sold for $2.1 million of cryptocurrency.
The next sections provide more details on 1Fuel's goals, its tokenomics, and include a price forecast.
Overview of 1Fuel
The vision of 1Fuel goes beyond just cryptocurrency storage. The decentralised wallet envisions its product as a complete platform that will include:
- Instant cross-chain trading and P2P swaps
- Automated trading bots based on artificial intelligence
- Anonymous transactions with integrated mixer
- Security via cold storage
- Possible integration with debit and credit cards for real purchases
1Fuel thus aims to provide users with a simplified cryptocurrency management system, bridging the gap between decentralised exchanges and accessibility.
Tokenomics of OFT
According to the whitepaper, the maximum supply of OFT will be 1 billion tokens. Distribution will take place as follows:
- Pre-sale - 50%
- Community treasury - 13%
- Liquidity providers - 11%
- Ecosystem incentives - 5%
- Team - 5%
- Staking rewards - 4%
- Trading rewards - 4%
- Airdrop - 4%
- Strategic partnerships - 4%
As is the case for many cryptocurrencies, pre-sales account for the largest share of tokens. The funds raised at this stage will be used to finance the future development of the project.
1FUEL price forecast
Short-term forecast
The pre-sale started in December 2024. So far, more than 202 million tokens have been sold, about 22% of the total planned allocation. This means that just over a quarter of the presale has already been placed. However, other ICO projects or pre-sales have made greater progress in the same timeframe, signalling that the next milestones will depend on more intense exposure and marketing activities.
If 1Fuel succeeds in attracting enough investors, it is likely that its value could double or grow beyond after listing on exchanges. The key point will be timing: the price could rise rapidly soon after the listing.
Long-term outlook
According to the roadmap, all major functionalities - wallet release, mixer, cross-chain swap, debit/credit card integration - should be completed by 2026.
Long-term performance will depend on adoption rates, however. If 1Fuel succeeds in growing its user base, the token will have sufficient demand to sustain its value. Conversely, delays in development or poor market usage could limit growth, with periods of price stagnation.
1Fuel vs. Best Wallet Token
Despite the ambitious roadmap and ongoing development, 1Fuel is still in the early stages: the wallet has not yet been released and users can only purchase tokens in pre-sale.
An alternative already active is instead Best Wallet, with its native token BEST. Best Wallet already offers multi-chain functionality (Ethereum, BNB Smart Chain, Polygon, Polygon zkEVM, and others on the way). In addition, it has experienced 50% monthly growth and positive reviews on app stores.
Best Wallet supports a non-custodial service with no mandatory KYC, multi-chain exchanges, 'Upcoming Tokens' feature for early access to new projects, advanced encryption, multi-factor authentication, biometric scanning for security, and BEST token staking. Its security has been verified by an external Coinsult audit.
The BEST token is used for staking, reduced fees, governance and access to presales. The pre-sale has raised over $9.7 million, and analysts predict strong potential for price growth.
Conclusion: 1Fuel's price prediction
1Fuel's strength is the idea of uniting storage, privacy and exchange into a single wallet. The results of the pre-sale have been encouraging so far. It is likely that, after the listing, there will be short-term price spikes.
In the long run, if the project succeeds in meeting targets and attracting a solid user base, the token could gain value on a stable basis. However, the comparison with Best Wallet highlights that while 1Fuel has a strong>strong vision, Best Wallet is already a working and used product.
