Ethereum was one of the many cryptos that surged following the election of Donald Trump as the 47th president of the US. However, the top altcoin has been unable to maintain its gains and is now struggling to stay above $3,000.
Meanwhile, Floki has gained nearly 60% in the ongoing bull rally to retain its market cap above $2.3 billion, despite lackluster performance in the past week. Elsewhere, Yeti Ouro is topping the presale charts following the release of a behind-the-scenes into the development of Yeti Go.
Ethereum Lags In Bull Rally
Ethereum is the largest altcoin in the market, with an impressive $370 billion market cap, three times that of third-placed USDT. However, in the ongoing bull market, it has failed to match the gains of some of its peers, including Bitcoin and Solana. In the past 30 days, it has gained just 15%, starkly contrasting BTC’s 40%, which has hit a new all-time high this week, Solana’s 40%, XRP’s 100% and Dogecoin’s 170%.
It currently trades in a symmetrical triangle, which could represent the start of the fourth wave. A breakout from this pattern could push it to $4,000. The fifth wave is likely to push it to a new local high.
Analysts remain bullish, however. One points out that in every bull market, after BTC peaks, Ethereum always surges and outperforms it, and that this bull market will be no different. The analyst noted that savvy investors realize this and are already accumulating Ether. This has been the major driving force behind the turnaround in Ether ETFs, which have accumulated nearly $200 million in recent days. Additionally, Ether whales have accumulated over $1.4 billion worth of Ether in the current bull market.
Floki Gains 60% As Memecoin Fever Surges
Floki has gained nearly 60% over the past month as the broader memecoin market continues to soar. With a $2.28 billion market cap, Floki has cemented its position in the top 50 cryptos.
Most memecoins have made massive gains since the US election. Market leader Dogecoin is up 130% month-to-date, while Pepe has just about doubled its price in that time, and Bonk is up 150%.
Yeti Ouro’s Behind-The-Scenes Video Attracts Investor Interest
Elsewhere, the new utility memecoin Yeti Ouro has reignited investor interest in the past week with the release of a new video that showcases the process of developing its new play-to-earn game, Yeti Go. The video shows the team’s effort, passion, hard work and dedication as it strives to offer the most thrilling game in the crypto space.
This video has coincided with Yeti Ouro’s limited-time 20% bonus, which investors who invest in the ongoing presale phase can capitalize on. The offer ends on November 25th, making YETIO the best opportunity in the crypto sector in the current bull rally.
YETIO is the token that powers the Yeti Go ecosystem. Players use YETIO to pay to join races, earn rewards in the token and use it to purchase power-ups, unique skins and other customizations. They can also purchase weapons to give them an edge in the races, where they can attack other players to derail them or push them off-track.
Yeti Go merges the adrenaline of gaming and cutting-edge action with the reward of play-to-earn mechanics and the exciting and fun nature of memecoins. Built with the Unreal Engine, the game is fully immersive and tests a player’s ability to combine strategy, quick reflexes, gaming acumen and other skills to outwit dozens of other racers to win the YETIO jackpot.
In the presale phase, investors have snapped up nearly 43 million tokens, raising over $514,000 for the project.
Ethereum, Floki And Yeti Ouro
While Ethereum has stalled, Floki seems primed for bigger gains toward the end of the year. However, investors hunting for massive gains and the next opportunity are investing in Yeti Ouro during the ongoing presale to capitalize on the 20% bonus, which ends on November 25th.
Join the Yeti Ouro Community
Website: https://yetiouro.io/
X (Formerly Twitter): https://x.com/yetiouro
Telegram: https://t.me/yetiouroofficial
Discord: https://discord.gg/YtUsEZ2ZrV
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