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Cryptocurrency News Articles

XRP and Solana To Explode as New Altcoin Yeti Ouro (YETIO) Surpasses $1 Million Mark in Presale

Dec 14, 2024 at 08:00 pm

A new bull rally is beckoning as the year comes to a close, and analysts have identified XRP and Solana as two of the best cryptos to invest in

Cryptocurrency markets have seen a strong bull rally in 2023, and XRP has been one of the standout performers. The XRP price surged from $0.54 just after the US elections to a seven-year high of $2.75. This pushed its market cap above $150 billion, making it the fourth-largest crypto after BTC, ETH and USDT (although it briefly flipped USDT before dipping midweek).

Another strong performer in this year’s two bull markets has been Solana, which is now the fifth-largest crypto after XRP. Both XRP and Solana are considered by analysts to be among the best cryptos to invest in for maximum gains in the 2025 bull market.

For XRP, 2025 will be a landmark year as Ripple ventures into the world of stablecoins after receiving approval from the New York financial watchdog. There is also speculation that an XRP ETF may be approved next year, following spirited lobbying and financing of pro-crypto candidates in the US by Ripple and some of its partners.

Meanwhile, the new altcoin Yeti Ouro (YETIO) has seen its ongoing presale raise over $1 million, with 85 million YETIO tokens sold so far. In the first stage, the tokens are being sold for $0.012, but this will be revised upwards as the project enters the next stage, prompting investors to rush and snap up the tokens in anticipation of the price increase.

Yeti Ouro is an Ethereum-based project that revolves around play-to-earn gaming, with its innovative and immersive Yeti Go racing game. On Yeti Go, players can compete for real rewards, with the winners of the various races and other competitions being paid out in YETIO. Players also pay race entry fees in YETIO and can stake the tokens to unlock exclusive rewards.

Built using the Unreal Engine to make it immersive and engaging, Yeti Go was created by an elite team whose members have been involved in global successes such as Call of Duty, The Witcher 3 and Dead Space. The team is focused on delivering the ultimate chaotic fun that elicits tension, laughter, excitement and more, all while rewarding the players’ engagement and accomplishment with tokens that have real value.

To set itself apart from memecoins, which often have trillions of tokens, Yeti Ouro has capped the supply of YETIO at one billion tokens, with 5% allocated for the token-burning mechanism, which further increases the price.

Those interested in joining the Yeti Ouro community can visit the project’s website, follow its X (Formerly Twitter) page, join the Telegram group or the Discord server.

News source:bitcoinist.com

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Other articles published on Dec 15, 2024