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Bitcoin Price Prediction: BTC Breaks $100K, Is This The Year Of Crypto? New Viral Altcoin Sensation Raises $1M In Record Time

Bitcoinist
by Bitcoinist
Last Updated: December 11, 2024 7:00 am
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

December has been a good month for most cryptocurrencies, especially Bitcoin. Just a few days to days into December BTC price broke the most anticipated point, breaking the $100,000 mark, for the first time ever. Aside from Bitcoin asserting dominance this month, a new altcoin Yeti Ouro (YETIO) has been going viral after raising over $1 million in its presale.

Bitcoin Price News – The Journey To $100K

For a very long time, investors and enthusiasts have been looking forward to Bitcoin hitting the $100k mark. It all seemed like it would be achieved right after the last bitcoin halving this year but that was not the case until recently.

On December 3rd BTC price hit $100,000 for the first time and with the momentum still alive Bitcoins ascended past $100K to hit an all-time high of $103,900 2 days later. Despite the momentum, Bitcoin has since then faced a few setbacks dipping to $97,820.66 today. With a market cap of $1.93 trillion, the coin’s dominance remains unmatched.

What Propelled BTC to $100K?

Since the start of the year after the SEC approved bitcoin ETFs including BlackRock Bitcoin ETF, Bitcoin has seen an increased institutional adoption.  Major institutional players continue to view Bitcoin as a hedge against inflation and an alternative store of value.

The recent win by a pro-crypto Government has also boosted the confidence of investors

Yeti Ouro: The New Viral Altcoin Raises $1M In Record Time

Emerging as a utility-driven meme coin, Yeti Ouro has raised an impressive $1,004,241 so far in its presale phase, getting the attention of the crypto community. The project is looking to complete stage 1 of presale having completed about 84% already.

What Makes Yeti Ouro Special?

With a capped supply of 1 billion tokens, the project is designed to appreciate. 50% of these tokens have been allocated to early investors with the current price of Yeti Ouro standing at $0.012. 

Yeti Ouro is not just a token, it has integrated a Play-to-Earn (P2E) racing game built on Unreal Engine, Yeti Go. This integration offers players the chance to earn and use Yeti Ouro tokens in-game for purchases, race entry fees, and staking.

Having raised over $1 million in presale which launched recently, Yeti Ouro’s success reflects strong community backing and a growing belief in its potential as a 100X meme coin. Early investors have a rare chance to enjoy such RIO. 

While Bitcoin aims for $150K next, Yeti Ouro is looking to launch stage 2 of presale. Yeti Ouro’s strong presale performance demonstrates the appetite for fresh, and with the community growing by the day, gaining by 100x or more is a realistic target for utility-driven projects

Join The Yeti Ouro Community 

Website: https://yetiouro.io/

X (Formally Twitter): https://x.com/yetiouro

Telegram: https://t.me/yetiouroofficial

Discord: https://discord.gg/YtUsEZ2Zr

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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