Yeti Ouro ($YETIO) Presale Defies Market Gloom, Selling 200M Tokens as Shiba Inu ($SHIB) Struggles

As Shiba Inu ($SHIB) battles bearish pressure, trading flat at $0.00001423 amid a crypto-wide downturn, Yeti Ouro ($YETIO)'s presale defies market gloom.

As Shiba Inu (SHIB) battles bearish pressure, trading flat at $0.00001423 amid a crypto-wide downturn, Yeti Ouro (YETIO) presale defies market gloom.

Stage 3 of YETIO’s presale, priced at $0.024 per YETIO with a 10% purchase bonus and an additional 5% for purchases over $500, has sold more than 200 million tokens despite turbulent conditions for the meme coin market at large.

Credit: Benzinga

Shiba Inu’s recent performance embodies the broader fragility in crypto. After a brief rally to $0.00001553 on February 24, Shiba Inu price has seen a slight decrease, currently trading at $0.00001430. This marks a 9% decline as Bitcoin (BTC) slid below $91,000, dragging altcoins into a fear-driven selloff.

SHIB’s daily volume of trading is a hefty 421M, giving it a Volume/Market Cap ratio of 4.98%, showcasing significant trading activity. Tech indicators highlight both positive and negative aspects; the short-term MAs (8, 13, and 21 SMA) are indicating bullish signals, while the long-term MAs (55 and 144 SMA) suggest bearish trends.

The 1-hour RSI stands at 77, hinting that SHIB might be overbought, increasing the possibilities of a price dip. However, the 7-day RSI is at 45, which falls in the neutral zone, suggesting a potential bounce back after a 5.59% drop this week.

In the broader context, SHIB is still significantly lower than its ATH of $0.00008616 reached in late October 2021, highlighting the potential for further upward movement if the market sentiment shifts positively. The 30-day price change of -23.15% showcases a sustained downward trend that would need to be reversed for growth to sustain. Despite upgrades to Shibarium, SHIB’s Layer-2 network, analysts note a decline in retail interest, citing a 15% drop in daily active addresses.

Yeti Ouro: The MemeFi Augmenter

Yeti Ouro’s presale is unfolding steadily, boasting unique advantages. Its token is fully-scoped and audited by SOLIDproof, and it will feature a Play-to-Earn (P2E) game built on Unreal Engine 5—elements that earlier meme coin projects typically lack.

Yeti Ouro’s tokenomics are designed to mitigate market instability. YETIO’s total supply is 1 billion tokens, with a 5% burn mechanism to be used throughout the year to create artificial scarcity as demand for the token increases.

The presale’s tiered structure—offering higher APY for longer staking lock-ins—rewards patient holders, presenting a stark contrast to SHIB’s inflationary model.

While SHIB’s primary driver is speculation, YETIO is focused on integrating utility-based mechanisms into its ecosystem. Its flagship game, YetiGo, will feature multiplayer racing tracks, and players will earn tokens through their performance in the game and tournaments. The backend team is composed of AAA game developers who have previously contributed to titles like The Witcher, Dead Space, Call of Duty, and Spiderman. For the game’s soundtrack, they are working with top-tier music producers and engineers who have collaborated with Grammy-nominated artists.

What Happens Next Could Be Huge For Both Shiba Inu And Yeti Ouro

Macroeconomic headwinds are amplifying crypto’s fragility. Global regulators’ scrutiny of meme coins—sparkled by the $1.4 billion Bybit hack—is increasing, and this could have implications for both Shiba Inu and Yeti Ouro.

The crypto market is becoming increasingly volatile and unpredictable, especially with the recent downturn that has seen Bitcoin (BTC) fall below $91,000. This volatility could make it difficult for investors to realize their gains or exit their positions in time.

Shiba Inu has seen its price decline slightly amid broader market weakness. Its price ranges from $0.00001423 to $0.00001430, showing a sign of stability despite the broader market downturn.

On the other hand, Yeti Ouro’s presale is progressing rapidly, and it is now in Stage 3 of 5. The token is priced at $0.024 in this stage, and over 200 million tokens have been sold so far. Early bird investors are already reaping the benefits with a 100% ROI, and the pace and price are set to soar even higher in the remaining two stages.

Yeti Ouro is