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Breaking News: Banks Can Soon Issue Stablecoins: FDIC Begins Rulemaking Under GENIUS Act

Ripple (XRP) Price Prediction: New ATH In Sight, While Investors Accumulate New ETH Token Yeti Ouro And Bonk

Bitcoinist
by Bitcoinist
Last Updated: December 5, 2024 1:33 am
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Ripple (XRP) is on a remarkable run, posting a 423% gain over the past month and trading at $2.65. Investors are excitedly buzzing, speculating about the possibility of a new all-time high (ATH). Alongside XRP’s surge, the new Ethereum-based token Yeti Ouro (YETIO) and Solana-native Bonk are gaining traction, with whales and retail investors noticing. Here’s why these tokens are making headlines.

Is Ripple Poised to Break Its Old High?

XRP price was the best-performing cryptocurrency of this year. It is now priced at $2.65 and has a market cap of over $151 billion. Its success is really the result of continued court success, so investors finally heave a well-deserved sigh of relief.

XRP 30-day price chart. Source CoinMarketCap 

Given XRP’s strong technicals and rising strength in international payments, analysts are confident it will break its old $3.84 all-time high set early in 2018. Pleasing whales and bringing bullish sentiment with every push, Ripple is now one of the most talked-about assets of the season.

Bonk’s Continued Rise

Bonk, a meme coin on the Solana blockchain, has sneaked in for a rally. Now at 0.00004257, it has soared 138% in the last month. Its humorous image and strong community background make it stand out amongst meme coins.

Integrating within the Solana ecosystem means Bonk ‘s appeal is twofold. With expanding trading volumes and increasing communities expressing interest in the token, we expect to see more rise soon after following suit. Otherwise, like other meme coins, Bonk must wait for adoption and continuous engagement before getting to the moon.

Yeti Ouro: The Rising Star in DeFi

While XRP and Bonk dominate the headlines, Yeti Ouro quickly emerges as a favorite among investors. Built as an ERC-20 token on the Ethereum blockchain, Yeti Ouro combines the viral appeal of meme coins with real-world utility.

At the center of Yeti Ouro’s ecosystem is Yeti Go, a Play-to-Earn (P2E) racing game. Players use YETIO tokens to compete in action-packed races, customize vehicles, and earn rewards. The game, built using Unreal Engine, offers an immersive experience that bridges gaming and decentralized finance.

Yeti Ouro’s capped supply of 1 billion tokens introduces scarcity, while its token burn mechanism reduces circulating supply over time. This deflationary model and its growing community position YETIO as a long-term contender in the altcoin space. The project has already raised close to $1 million in its presale, signaling strong early interest from both retail and institutional investors.

Join the Yeti Ouro Community

Website: https://yetiouro.io/ 
X (Formerly Twitter): https://x.com/yetiouro 
Telegram: https://t.me/yetiouroofficial 
Discord: https://discord.gg/YtUsEZ2ZrV 

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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