The era of utility in crypto is upon us and investors are looking beyond hype and speculation when investing in any token. This has led to a massive surge in utility altcoins, which have been outperforming the market. Meanwhile, investors are accumulating new viral altcoin Yeti Ouro (YETIO) and the leading memecoin Dogecoin.
Dogecoin Price Prediction: DOGE Still Investors Favorite
Dogecoin was among the first cryptos to make huge gains when the current bull market started in early November, doubling its price in two days. Since then, it has lost some of the wind in its sails and is only 110% up in the past 30 days. However, a midweek mini-rally sparked by Bitcoin’s ascent to $100,000 pushed most cryptos higher on Thursday, with Dogecoin price hitting $0.45, its highest price since November 23.
One of Dogecoin’s biggest strengths has been its community’s unwavering support, which has inevitably attracted the crypto whales. According to data from Santiment, wallet addresses transacting over $100,000 worth of DOGE have accumulated over 240 million tokens in the first week of December. Similarly, CoinGlass data shows that the memecoin’s open interest in the derivatives market has surged over $3 billion in the past week.
DOGE price is expected to keep rallying as the US transitions into a Trump presidency. The Republican politician, who defeated Kamala Harris in the November 5 polls, has been vocal in his support of crypto and has appointed Dogecoin fan Elon Musk in his government.
Investors Eye Maximum Profits With Yeti Ouro
While Dogecoin remains an investors’ favorite, those seeking maximum profits are turning to Yeti Ouro, a new Ethereum-based utility memecoin that’s causing a stir with its ongoing presale. In this presale, Yeti Ouro has sold over 82 million tokens, raising nearly one million dollars from thousands of investors.
Yeti Ouro is designed to integrate utility into the memecoin sector, which it does with its play-to-earn game Yeti Go. Built using the Unreal Engine to make it immersive and engaging, Yeti Go is a high-stakes battle for survival where a player’s skill, quick reflexes and overall gaming acumen are tested. Built by developers who have previously worked on iconic titles such as Call of Duty, Yeti Go appeals to both hardcore games and newbies.
Players race against each other on a challenging course where they must dodge hazards and obstacles to survive. To gain an edge, they can also attack other players and push them off-course, using weapons they purchase using YETIO tokens. The token is also used to pay race entry fees and as a reward for winning the races. Token holders who stake them unlock exclusive rewards and premium content in the game.
YETIO’s supply is capped at one billion tokens, and 5% is allocated to the token-burning mechanism, further reducing supply and boosting the price.
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
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