Ethereum ETFs have recorded positive inflows following the US elections as the largest altcoin rebounded. Elsewhere, SUI gained over 60% to hit a new all-time high, as investors seeking maximum gains turn to Yeti Ouro, a new memecoin that’s set to be the next Dogecoin rival.
Ethereum ETFs And SUI’s New Record
Ever since Donald Trump won the US election, Ethereum ETFs have seen high inflows. On November 12th, they recorded a net inflow of $136 million to record their first five-day positive flow streak. This brought the total amount of ETH held by these investment vehicles to $9.7 billion.
BlackRock continues to dominate, just as it has done with the Bitcoin ETFs. Of the $136 million, its iShares Ethereum Trust ETF accounted for $131 million. With Grayscale’s Ethereum Trust bleeding over $3.1 billion, other ETFs from Bitwise, Fidelity, Van Eck and Franklin Templeton have all had to pitch in to cancel out the outflows.
In other news, SUI has been one of this bull market’s biggest gainers. The Layer 1 blockchain project has recorded an 80% rise since the US elections, pushing it to a new all-time high of $3.30 on Monday.
Analysts believe that SUI’s rise is just getting started and they say it can replicate Solana’s rise in the 2021 bull run when SOL shot up over 700% to hit $259, which still stands as its all-time high price.
Investors Turn To Yeti Ouro
Investors seeking the next Dogecoin rival are purchasing YETIO, the native token of the Yeti Ouro ecosystem, which promises the fun of memecoins fused with the rewarding nature of play-to-earn (P2E) gaming.
Yeti Ouro is built on Ethereum’s secure blockchain and is built around Yeti Go, a thrilling racing game built by devoted gamers. Yeti Go is built using Epic Games’ Unreal Engine, giving the game an immersive experience.
Players compete against each other to win the races, and to gain an advantage, they can upgrade their tools and weapons and knock their opponents off-course. However, their gaming acumen is tested by the presence of obstacles and hazards along the course, which they must dodge.
Yeti Go is a P2E game, and the winners are rewarded with YETIO tokens. They also pay to join the races, purchase power-ups and other weapons and trade in-game items with YETIO.
Investors have already purchased over 21% of the tokens available on the ongoing presale as interest in memecoins that have utility surges. Coupled with deflationary tokenomics, where 5% of the supply is earmarked for burning and a capped supply of one billion tokens, YETIO is offering investors the best opportunity to make maximum gains in the ongoing bull market.
Ethereum, SUI Or Yeti Ouro
The three tokens compete for a different market. Ethereum has been favored by corporations and institutional investors who seek an established project to pack their money. SUI has been preferred by investors who seek smart contracts and an established dApp ecosystem.
Yeti Ouro, on the other hand, has been preferred by investors who are seeking maximum gains. Those who lost out on Dogecoin, Shiba Inu, WIF and POPCAT before they blew up get another opportunity with Yeti Ouro.
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/YtUsEZ2ZrV
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