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Cryptocurrency News Articles

Yeti Ouro Emerges as a Top Alternative to SHIB and Dogecoin, Attracting Investors in Droves

Nov 28, 2024 at 10:00 pm

The top crypto traders have been looking beyond SHIB, and Dogecoin and Yeti Ouro have emerged as two of the main alternatives.

Yeti Ouro Emerges as a Top Alternative to SHIB and Dogecoin, Attracting Investors in Droves

Top crypto traders have been looking beyond SHIB and DOGE, and two coins that have emerged as interesting alternatives are DOGE and Yeti Ouro.

While Dogecoin’s association with Elon Musk has been a key factor in attracting investors, the recent news adds another layer of interest. The Tesla CEO is set to lead a new department in the Trump administration, giving him access to the highest levels of policymakers and regulators. Many are expecting him to champion positive crypto regulations in general, and for DOGE adoption in particular. Musk, the self-appointed “Dogefather,” has been open about his support for the largest memecoin, and with more regulatory clarity on the way, we could see other major companies begin to accept DOGE payments.

Another coin that has been attracting investors en masse is Yeti Ouro. The new project, built on Ethereum, has seen high interest in its presale, whose ongoing first stage has already seen $536,000 raised and over 44.6 million tokens sold.

The Yeti Ouro team also recently released a new promo video that showcases the passion and hard work that has gone into developing the project and Yeti Go, its new play-to-earn racing game. This has further sparked interest in the presale, which is set to continue through three stages before the game’s launch.

Yeti Go sees players competing against each other for a reward, which is paid out in YETIO, the native token of the Yeti Ouro ecosystem. Players pay to join the races, trade items on the in-game marketplace and purchase weapons and other customizations with YETIO. They can also stake the token to unlock exclusive rewards and special content.

The total supply of YETIO is capped at one billion tokens, and 5% is allocated to the token burning mechanism, making the token deflationary and giving it higher potential.

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Other articles published on Nov 29, 2024