In its ongoing presale, Yeti Ouro has raised over $500,000 from investors, with investors purchasing over 43.5 million tokens. This has earned the new utility memecoin, built around a play-to-earn ecosystem, the name “the next Shiba Inu,” with investors projecting it could be the next Dogecoin rival.
The Next Shiba Inu
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, attack them and use other strategies to gain an edge, while also dodging multiple hazards, hurdles and obstacles.
Yeti Go is built using Unreal Engine and FMOD, making it responsive, engaging and immersive for the players. It tests the players’ skills, strategy, quick reflexes and gaming acumen as they strive to outwit their opponents by pushing them off-track and attacking them, using weapons that they can purchase from the in-game marketplace using YETIO, the native token of the Yeti Ouro ecosystem. Additionally, players get paid in YETIO for winning the races, and can also pay for unique skins and other customizations to make their racing experience more riveting.
YETIO has a capped supply of one billion tokens, giving it an edge over many other memecoins, which have trillions of tokens, limiting their upside. 50% of the tokens are allocated to the presale, with 5% earmarked for the token burning mechanism, which makes the token deflationary and boosts its price in the long term.
Shiba Inu Eyes End-Year Gains
Elsewhere, Shiba Inu has gained around 40% since the month began, pushing its market cap to $14.5 billion, the second-highest for a memecoin after Dogecoin’s $59 billion. The US election-inspired momentum has slightly faded, and the memecoin is trading sideways this week. However, it still has a high upside, and holders anticipate that it will mount another rally toward the end of the year.
Shiba Inu has been progressively moving away from the memecoin perception, and through Shibarium, it has been building toward more utility, including through decentralized applications and payments. Founder Shytoshi Kusama has regularly stated that he will continue with initiatives that will “send SHIB to the moon.”
Analysts have noted that SHIB is following a similar pattern to Dogecoin in this bull run. If this trend continues, then the next stop for SHIB is $0.00049, says analyst Ali Martinez. This would represent 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.
Conclusion
Shiba Inu could 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 enemy in the US government, Gary Gensler, has announced his resignation for early next year, it can only get better for SHIB and other cryptos.
However, Yeti Ouro presents the best opportunity for massive gains. Investor interest has surged recently after the team published a behind-the-scenes video showcasing its efforts, dedication and passion as they build Yeti Go, endearing it even further among investors.
https://yetiouro.io/yaya_uploads/2024/11/YETIGO_promo.mp4
Join the Yeti Ouro Community
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