Monday, November 18, 2024
HomeFinanceBitcoin Price To Reach $100K This November, While Cardano Continues Bullish Run,...

Bitcoin Price To Reach $100K This November, While Cardano Continues Bullish Run, Crypto Whales Increase Yeti Ouro Holdings Before Price Increase

Bitcoin is on track to pass $100,000 this November as market support and institutional backing continue to rise. Cardano is also making impressive progress, with strong growth in the rate of its ADA token and approaching a record of 100 million transactions. However, Yeti Ouro (YETIO), a relatively new utility memecoin associated with play-to-earn gaming, is also the focus of crypto whales during the ongoing presale, with investors eyeing possible exponential returns.

Bitcoin Inches Toward $100K As Market Momentum Holds

Bitcoin’s trajectory remains upward as it hovers around $91,000, boosted by persistent buying volume and favorable technical analysis. On the decentralized prediction platform Polymarket, the probability of Bitcoin hitting $95,000 this November stands at 72% and $100,000 at 42%.

Bitcoin Price To Reach $100K This November, While Cardano Continues Bullish Run, Crypto Whales Increase Yeti Ouro Holdings Before Price Increase

Source: X

This means that the recent rally has been a result of positive sentiments about the expected better regulations in the United States concerning cryptocurrencies and their general acceptance by institutional investors.

Tom Lee of Fundstrat insists on the possibility of reaching six figures at the end of the year and further price growth in 2025 and 2026. While the market has experienced a slight cooling-off session, Bitcoin has risen by 32% this month because of bullish candlestick formations, and the daily RSI stands at 92%.

Cardano’s ADA Maintains Its Bullish Rally

Cardano is growing rapidly due to recent updates and institutional adoption. The ADA token has risen to its highest levels since March this year, having gained almost 70% within the last week. The upgrade of the Hydra has enhanced scalability making the network more appealing for dApps and smart contracts.

Bitcoin Price To Reach $100K This November, While Cardano Continues Bullish Run, Crypto Whales Increase Yeti Ouro Holdings Before Price Increase

The last few announcements, especially with Binance, Bitcoin OS, and Animoca Brands, solidified the Cardano DeFi environment. The network has processed 99,070,000; transactions, and is still growing, having more than 1,300,000 delegated wallets, and close to 2,000 projects that are built on its blockchain.

ADA has staged an impressive market future price on expectations of the increased utilization of ADA and Cardano’s governance-centric developments, making it the go-to picking for institutional participation in the emerging crypto world.

Yeti Ouro Attracts Whales Amid Strong Presale Demand

Yeti Ouro is a new utility memecoin associated with the play-to-earn game Yeti Go that has attracted the attention of cryptocurrency whales. Built on Ethereum, Yeti Ouro has a fixed maximum total token supply of one billion tokens, with 5% earmarked for its token-burning mechanism. The presale has been ongoing for weeks, with over $500,000 raised from investors. Investors are eagerly seizing the opportunity to acquire YETIO during the ongoing presale, which features for a limited-time only, a 20% bonus on all new deposits.

Yeti Go is a competitive racing game developed on the Unreal Engine. Fully immersive and engaging, it tests players’ skills, quick reflexes and strategy as they compete with other contestants to win the prize pot, which is paid in YETIO. Players can also purchase customizations, weapons, power-ups, unique skins and other items on the in-game marketplace with the YETIO tokens, Holders can also stake the token, which unlocks exclusive rewards and special content and gaming features.

YETIO’s appeal was given a big boost by the release of an exciting new video by the Yeti Ouro team that takes viewers behind the scenes of the innovative project. The video captures the dynamic energy and highly anticipated making of the Yeti Go game.

The Stability Of Bitcoin And Potential Of Yeti Ouro

Bitcoin continues to post strong gains, and its recent consolidation above $90,000 sets it up for a break beyond $100,000 for the first time ever. 

Yeti Ouro promises better returns as its market cap is smaller, giving it maximum upside potential.

Join the Yeti Ouro Community

Website: https://yetiouro.io/

Telegram: https://t.me/yetiouroofficial

Discord: https://discord.gg/YtUsEZ2ZrV

X (Formally Twitter): https://x.com/yetiouro


Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses.

RELATED ARTICLES

Latest News & Articles