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Cryptocurrency News Articles
The Best Crypto Coins to Invest in During This Bull Rally
Nov 22, 2024 at 02:00 pm
As the bull market rages on, selecting the right crypto to invest in can be the difference between making 100X gains and losing money.
The bull market is still raging on, and investors are looking for the best crypto to invest in to make 100X gains. According to leading analysts, three of the best coins to invest in during this bull rally are the new utility memecoin Yeti Ouro (YETIO), the Ethereum rival TRON and the leading memecoin Dogecoin.
While most memecoins in the market offer little to no use case, rendering them inviable for the long term, YETIO has stood out from the crowd thanks to its unique utility and promising roadmap, which has attracted the attention of investors and analysts alike.
Fresh off the heels of a successful token generation event, where phase one of the presale sold out in under a minute, YETIO has continued garnering interest from investors around the world. The token, which now ranks among the top gainers on major cryptocurrency exchanges, is set to continue rallying as investors anticipate the upcoming game launch and CEX listing.
Priced at $0.00022127 at the time of writing, YETIO has gained 125% since the month began, outperforming even Dogecoin, which has surged following news of Donald Trump’s election victory.
Investors are now rushing to purchase YETIO tokens before the price soars any further, especially after the recent announcement of a 20% bonus for investors who purchase tokens before November 25th. Those who missed out on the early presale prices now have another chance to get YETIO tokens at a discounted rate.
Moreover, the Yeti Ouro team recently released a video showcasing the behind-the-scenes development process of Yeti Go, the highly anticipated play-to-earn game that will be integrated into the Yeti Ouro ecosystem. The video highlights the hard work, passion and dedication that has gone into the project, further attracting investors.
As the game's launch and CEX listing approach, investors can expect to see YETIO’s price continue to rally, making it one of the best coins to watch out for in the lead-up to the end-of-the-year bull market rally.
Dogecoin, Tron Surging Towards $1
Dogecoin (DOGE) and Tron (TRX) have emerged as two market favorites as investors prepare for the end-of-the-year rally. The two coins are locked in a race to $1, with DOGE currently having a sizable advantage over TRX after an impressive rally fueled by Donald Trump’s election victory.
DOGE has gained 125% since the month started, with links to Elon Musk, the Tesla CEO, playing a key role. Trump has nominated Musk to lead the Department of Government Efficiency, and many expect him to push the DOGE agenda throughout Trump’s second term in office.
DOGE’s price has surged as investors anticipate Musk integrating the memecoin into Twitter following his acquisition of the social media platform earlier this year. Links to the memecoin in Trump’s speeches and rallies have also contributed to the token’s bullish performance.
Tron, in the meantime, has gone the utility route. The network has been targeting users and applications that have found networks like Solana and Ethereum too expensive or slow.
The network has been able to attract several decentralized applications (dApps) and users thanks to its low fees and high throughput, which has helped TRX rally over the past few months. The network is also preparing for the launch of USDD, a decentralized stablecoin pegged to the U.S. dollar, which is expected to further boost Tron’s utility and value.
TRX is currently trading at $0.060803, up 4.7% over the past day and 65% over the past month. The token has surged as investors anticipate the upcoming launch of USDD and other initiatives by the Tron team.
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