Ripple (XRP) Vs Dogecoin: Best Coin To Invest In For January 2021

The crypto market has started the year on low momentum, but investors have identified Ripple's XRP, Dogecoin, and new utility memecoin Yeti Ouro (YETIO)

The crypto market began the year with little fanfare, but investors have singled out Ripple’s XRP, Dogecoin, and new utility memecoin Yeti Ouro (YETIO) as some of the most bullish projects for January.

Best Coin For January: Ripple (XRP) Vs Dogecoin

Both Ripple and Dogecoin were among the best performers in the November bull run that was sparked by the US election. DOGE price was the first to shoot up, doubling within days of the election. However, it lost momentum, and other memecoins such as Pepe and PNUT overtook it.

With just a week before Donald Trump is sworn in, DOGE is one of the best crypto tokens to invest in. DOGE is closely linked to the Trump administration, with its unofficial leader Elon Musk now deep within the inner circles of the White House. Musk will assume leadership of the Department of Government Efficiency (DOGE) once Trump takes over. All these factors are likely to push Dogecoin to new heights.

XRP’s appeal goes beyond the swearing-in. Now free from the shackles of the anti-crypto Gary Gensler, XRP is one of the coins analysts believe will soar this year.

XRP continues to target the payments and funds transfers market, which is worth trillions of dollars globally. Recently, it emerged that Bank of America, the second-largest bank in the US, is utilizing XRP for internal transactions, which has the potential to channel trillions into the XRP ecosystem daily.

XRP has been trading in a tight bullish pennant since early December, and according to analysts, if it breaks out of this range, XRP price is going to surge to $4.

(Source: World of Charts)

Yeti Ouro Stands Out Among New Projects

Investors seeking maximum gains are exploring new projects, and Yeti Ouro has emerged among the standouts. The utility memecoin project has brought in $1.599 million in its presale so far. In the second stage, Yeti Ouro has already sold over 23 million tokens. Early investors are already enjoying a 40% ROI.

Yeti Ouro offers utility through its play-to-earn game Yeti Go. The game, developed by avid gamers in partnership with the game asset creation company behind global successes such as Call of Duty and Spiderman, is a fully immersive, high-stakes battle for survival that tests players’ skills, strategy, and quick reflexes.

Players compete on a thrilling race track, where the goal is to outwit the opponents and emerge victorious, which is rewarded with YETIO tokens. Players can attack their opponents to gain an edge, using weapons purchased with YETIO. The token is also used to pay race entry fees and stake to unlock exclusive rewards.

YETIO’s supply is capped at a billion tokens, with 5% earmarked for the token-burning mechanism, which further reduces the supply over time. Half the supply has been available to investors in the presale.

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