Shiba Inu (SHIB) has faced a challenging start to February, experiencing price fluctuations after a market-wide cryptocurrency sell-off. Despite the recent decline, analysts are watching key support levels as traders anticipate a potential rebound. Meanwhile, Yeti Ouro (YETIO), a new cryptocurrency project, is gaining attention with its play-to-earn gaming model and deflationary tokenomics. 

Yeti Ouro is excited to offer a limited-time 25% bonus on all purchases as the countdown to Stage 3 enters its final days! This exclusive deal is available starting today and ends at midnight on Sunday. Investors are taking advantage of this opportunity to maximize their returns before the price increase goes into effect.

Shiba Inu Holds Key Support Amid Market Sell-Off

Shiba Inu price was down by 6.33% over the past 24 hours, which set its price at $0.00001731. Weekly pullback rests at 14%, and SHIB has continued from the prior weekend decreases. 

Data from IntoTheBlock suggests that around 463 trillion SHIB tokens are stacked within the $0.000017 to $0.000018 price zone which appears to be the ‘safe’ level.

However, if Shiba Inu price stays within this range, it can attract more buying interest, which may lead to a price recovery. Analysts suggest that a breach of $0.0000193 and $0.0000216 which are the 50-day and 200 MA levels respectively will signal further recovery towards the $0.000038. However, if the selling price persists, the price of SHIB may decline further to the $0.000015 price range.

Shiba Inu Eyes A Breakout To $0.00002 In February

Despite this, experts and crypto analysts continue to stay positive on SHIB with the hope that it will be capable of making a resurgence. The market anticipations indicate that Shiba Inu price may hit above $0.00002 within the next weeks, with expectations of a 112% growth mid-this year. Aspects driving this positive outlook include the accelerated growth of the token burn rate and possible new integrations.

Last week, the SHIB burn rate rose by over 7000% indicating that more than 1 billion tokens have been burned. 

Investors are still observing if the cut-down supply will inevitably push up demand. Along with these, speculations over the features of new upgrades from the Shiba Inu community have created a positive sentiment toward potential future price appreciation.

Yeti Ouro Targets $1 As Presale Gains Traction

While Shiba Inu is now trying to regain its lost heights, Yeti Ouro is emerging as a worthy rival to other meme coin projects. The decentralized gaming platform that combines blockchain and deflationary tokenization has already sold over 170 million tokens during the presale phase.

 Yeti Ouro team has decided to reward its investors with  a limited-time 25% bonus on all purchases as the countdown to Stage 3 enters its final days! Investors are taking advantage of this opportunity to maximize their returns before the price increase goes into effect. 

Yeti Ouro is unique in that it has a total of 1 billion tokens and incorporates a 5% burn clause in its contract. Due to its play-to-earn system used in the game and the generally scarce supply of its tokens, it has garnered interest from institutional and retail traders. According to the analysis, YETIO can grow to $1 by the end of the year 2025 if there is increased market demand.

Gaming And Utility Drive Yeti Ouro’s Market Appeal

Yeti Ouro’s most outstanding benefit is derived from the race game called Yeti Go, based on blockchain technology that lets users earn YETIO tokens. 

The game is being developed based on Unreal Engine 5 with adjustable cars, boosts, and racing modes in one’s team. The developers have collaborated with the visionary talents behind Call of Duty, Spider-Man, Dead Space, and The Witcher to create stunning character assets, while Grammy-nominated industry experts produce the audio, drawing influence from their work with Major Lazer, Vybz Kartel, and Kabaka Pyramid.

Unlike the other meme coins that can be associated with social media trends, Yeti Ouro presents a well-developed game environment, the need for tokens that will grow organically. This approach has therefore placed the project in a strategic framework to compete for the longer-term market share in the future. Investors have been closely following this presale since its launch and are interested in its possible price fluctuations during the next few months of its existence.

Join The Yeti Ouro Community 

Website: https://yetiouro.io/ 

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