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A trade war has exploded between the US and key international suppliers - and Binance Coin and Cardano are just two of the crypto coins paying the price. An estimated $2 billion has been removed from the crypto market following Donald Trump’s imposition of trade tariffs on Canada, Mexico and China, with altcoins taking the hardest hit.
Some experts believe that there could be a silver lining on the horizon, however with the trade war likely to erode confidence in fiat currencies like the dollar, investors could instead turn their attention to crypto and coins like Binance Coin and Cardano, along with the secure crypto wallet, 1FUEL.
Read on to find out why this cryptocurrency presale is quietly attracting investors with a 10x leap expected in the coming weeks.
Binance Coin feeling the heat with large decline in past 24 hours
Binance Coin is one of the many altcoins that’s been feeling the heat of President Trump’s newly ignited trade war, falling around 11% in the immediate aftermath. Prices have declined by more than $86 as the week gets underway, with Binance Coin now trading at $591.
Binance Coin holders joined a host of other altcoin traders in taking a flight to safety, meaning that cryptos like Binance Coin have been liquidated in favour of other assets while investors wait for the dust to settle.
While all of this has been playing out, the cryptocurrency presale 1FUEL has accelerated through stage three of its presale, quickly raising over $1.7 million. Analysts project this coin to leap by 10x in the coming weeks, thanks to its heightened safety and security measures, and the convenience and ease that comes with its unique one-click, cross-chain transaction technology.
Cardano has crumbled and is held in a vice-like grip by tariff pressure
Like other smaller altcoins, Cardano has been hard hit by the detonation of the US trade war. It has fared worse than Binance Coin with Cardano shedding around 20% of its value in the last 24 hours. At one point, Cardano was down by more than 33%, highlighting just how cataclysmic the tariff announcement was for the crypto space.
However, don’t be fooled that Cardano and the wider crypto sector will be down for long. Some analysts suspect the trade war is part of a broader strategy. Strategist Jeff Park believesTrump is trying to weaken the dollar and that cryptos including Cardano will be stronger than ever once it all plays out.
1FUEL: the flight to safety investors can’t resist
For those who can’t wait for those developments, the secure-crypto wallet 1FUEL is maintaining its impressive 10x trajectory as stage three of the presale comes to a close. This highly innovative exchange and wallet is designed for the realities of the modern world, with ultra-private features and military-grade security to keep out prying eyes. Tools like an in-built privacy mixer, temporary wallets and P2P exchange provide complete confidentiality, keeping transaction details private.
This is very timely right now, given the last trade war (during Trump’s first tenure as President) saw grave concerns raised about foreign surveillance measures.
Join the presale
The secure crypto wallet 1FUEL stands out right now for its convenience, ease of use, privacy and security. Its robust technology and expansive use cases set it apart as a modern platform designed for today’s crypto space. With early returns in excess of 500% and a 10x leap expected in weeks, don’t miss out. Buy now.
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: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
