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Cryptocurrency News Articles
The Next Shiba Inu Rival Emerges: Yeti Ouro Raises Over $500K in Presale, Targeting Dogecoin's Market Cap
Nov 24, 2024 at 07:00 pm
Yeti Ouro is built around Yeti Go, a play-to-earn game that pits players against opponents on a thrilling race track, where the goal is to outwit rivals.
Yeti Ouro, a new utility memecoin, has raised over $500,000 in its ongoing presale, with investors snapping up over 43.5 million tokens. Built around a play-to-earn ecosystem, Yeti Ouro has earned the title of "the next Shiba Inu" among investors, who are projecting it could be the next Dogecoin rival.
Yeti Ouro is centered around Yeti Go, a thrilling play-to-earn game where players go head-to-head on a racetrack, aiming to outsmart opponents, attacking them and employing various strategies to gain an edge, all while navigating multiple hazards, hurdles and obstacles.
Yeti Go is built using Unreal Engine and FMOD, ensuring a responsive, engaging and immersive experience for players. It tests their skills, strategy, quick reflexes and gaming acumen as they attempt to outwit their rivals by pushing them off-track and attacking them, using weapons that can be purchased from the in-game marketplace using YETIO, the native token of the Yeti Ouro ecosystem. Players also get paid in YETIO for winning the races and can pay for unique skins and other customizations to enhance their racing experience.
YETIO has a capped supply of one billion tokens, giving it an advantage over many other memecoins that have trillions of tokens, which limits their upside. 50% of the tokens are allocated to the presale, with 5% dedicated to the token burning mechanism, making the token deflationary and boosting its price in the long term.
Shiba Inu, on the other hand, has gained around 40% since the start of the month, pushing its market cap to $14.5 billion, which is the second-highest for a memecoin after Dogecoin’s $59 billion. The U.S. election-inspired momentum has dulled slightly, and the memecoin has been trading sideways this week. However, it still has a lot of upside, and holders are expecting it to mount another rally towards the end of the year.
Shiba Inu has been gradually shedding its memecoin image and, through Shibarium, is adding more utility to the coin, including via decentralized applications and payments. Founder Shytoshi Kusama has repeatedly stated that he will continue pursuing initiatives that will “send SHIB to the moon.”
According to analysts, SHIB is following a similar pattern to Dogecoin in this bull run. If the trend continues, then the next stop for SHIB is $0.00049, as noted by analyst Ali Martinez. This would mark a 1,900% gain from the current price and would push its market cap to $266 billion, making it one of the largest cryptos in the market.
Shiba Inu is likely to surge towards the end of the year, with cryptos expected to continue pushing higher as the euphoria of Donald Trump’s victory continues. Now that crypto’s biggest foe in the U.S. government, Gary Gensler, has announced his resignation for early next year, it can only bode well for SHIB and other crypts.
However, Yeti Ouro seems to present the best opportunity for massive gains. Investor interest has spiked recently after the team released a behind-the-scenes video showcasing their hard work, dedication and passion as they build Yeti Go, further endearing it to investors.
https://yetiouro.io/yaya_uploads/2024/11/YETIGO_promo.mp4
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:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- Nov 28, 2024 at 10:40 am
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- Nov 28, 2024 at 10:25 am
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- Constrafor Raises $264M to Expand Its Tech Platform for the Construction Industry
- Nov 28, 2024 at 10:25 am
- The funding round, announced Wednesday (Nov. 27), will help the company expand its technology platform, designed to improve the relationships between subcontractors and general contractors (GCs).