Top tokens like Shiba Inu (SHIB), Chainlink (LINK), and Yeti Ouro (YETIO) are displaying resilience amid market fluctuations. Shiba Inu (SHIB) is testing resistance levels that could trigger a rally back to a new high according to data by analysts. Chainlink (LINK) on the other hand, a critical player in decentralized finance, has defied market trends with consistent double-digit gains over the past week. And Yeti Ouro, the new utility-focused meme coin, has captured investors’ attention with a 40% ROI, on completion of stage 1 of presale.
Shiba Inu (SHIB) Testing Key Resistance Levels
Shiba Inu coin price is currently hovering at $0.000027. Despite SHIB price being down 3.29% over the past day, SHIB holds a market cap of $16.17 billion, ranking it 13th on CoinMarketCap.
Market analyst PouyanTradeFX has identified a critical trendline that could dictate SHIB’s next major move. This trendline, which has influenced price action since 2021, is being tested once again. A decisive break above the resistance level could set SHIB on a path toward reclaiming its previous all-time high.
Source: TradingView
According to the analyst, if the token breaks above this resistance, it could spark a rally toward its all-time high of $0.00008845, achieved during the 2021 bull run.
Chainlink (LINK) Outperforms The Market
Over the past week, Chainlink has been a bright spot in the crypto market, standing out as one of the few top cryptocurrencies in the green. LINK price is currently at $28.75 as it holds a market cap of $18.01 billion, placing it 12th just above Shiba Inu by market capitalization.
While Chainlink price has seen a 4.55% dip in the last 24 hours, it remains 13% up over the week and an impressive 114% up over the past month. Before the recent correction, LINK surged as high as 22% in just seven days, showing its strength amid a volatile market.
Chainlink’s growth is driven by its critical role in enabling decentralized networks, which connect smart contracts with real-world data. As demand for blockchain technology grows, LINK continues to be a major player in the crypto space.
Yeti Ouro Sells Out Stage 1 Ahead Of Time!
Yeti Ouro has been making headlines after offering early investors a significant 40% ROI as its presale completes stage 1 with tokens now selling for $0.017. The project has now raised over $1.2 million, highlighting strong investor interest.
YETIO stands out as the new utility memecoin, merging meme culture with real-world utility through its integration with the Yeti Go Play-to-Earn (P2E) gaming ecosystem.
The P2E game, Yeti Go, is built on Unreal Engine and promises fast-paced, destructive PvP racing action where players can earn Yeti Ouro tokens. Combining gaming and cryptocurrency utility is attracting a diverse audience, positioning Yeti Ouro as a serious project in the crypto space.
YETIO features a capped supply of 1 billion tokens and a built-in burn mechanism, creating scarcity and potential for long-term price appreciation.
Analysts are optimistic about Yeti Ouro’s potential to become the next 100X memecoin, with the combination of fun and functionality appealing to both casual crypto enthusiasts and serious investors. As presale stage 2 starts, the token is poised for strong growth not to mention the listings on centralized exchanges (CEXs) expected soon that will boost liquidity and market visibility.
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