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The cryptocurrency market is on a downtrend. Prices have been falling for over a month, which has made investors wonder about the market. However, where popular coins like Solana (SOL) are down by 40%, Shiba Inu (SHIB) is consolidating and on the breakout. Like Shiba Inu, Yeti Ouro (YETIO) continues to capture people's attention. This view comes as YETIO maintains its presale success, with experts suggesting it may surpass SHIB's growth by the end of the year.
When cryptocurrencies like Solana and Dogecoin are losing momentum, SHIB is consolidating for a breakout. The meme coin has shown bearish momentum, trading at 0.00001440 after falling 28% in the last 30 days.
Crypto experts are pointing out the decline in trading volume and whale activity. SHIB On-chain data indicate a huge drop in whale activity, pushing prices downwards. The whale's transactions have reduced by 79% in the last three months.
After a significant fall, SHIB is now trying to break out, giving investors hope for positive momentum in Shiba Inu price. The meme coin is consolidating to break the descending trendline which is acting as a strong resistance. Once SHIB breaks the resistance at $0.00001650, SHIB will be back in bullish trends, opening the way for a significant price increase.
Analysts predict that SHIB could have upward price movement as the team announces major upgrades to the SHIB ecosystem. They have unveiled ShibaSwap upgrades, which is a decentralized exchange for token swaps, liquidity, and staking in the Shiba Inu ecosystem. This focuses on boosting liquidity pools and providing liquidity providers with real-time analytics. This also includes improving users' experience, real-time insight and faster transactions. However, despite the major update announcements, the SHIB struggles to break the resistance. Meanwhile, investors are shifting focus to YETIO tokens for better growth and price gains.
Yeti Ouro is a new meme coin project in the crypto market that is making buzz due to its utility and presale. The crypto project is attracting investors' attention, giving significant returns to its holders. With its limited supply of 1 billion YETIO tokens and 5% burn mechanism, YETIO tokens are more attractive for investors for long-term growth that could surge 100X.
The YETIO presale stage 3 is live, where people accumulate YETIO tokens at $0.024. They aim for an early entry advantage with a 10% bonus on YETIO tokens in this presale and an additional 5% for transactions over $500. Many early investors are already in profit; the last stage was priced at $0.017, and their gains increased by 41% within a few days. The meme coin project is audited for its security and vulnerabilities by SOLIDProof, enforcing trust.
Moreover, Yeti Our is targeting blockchain gaming could reach $250 billion by 2028. The innovative Yeti Go is a Play-to-Earn (P2E) racing game built on Unreal Engine, giving players an immersive gaming experience. The Yeti Ouro team has partnered with experts from Call of Duty, The Witcher, Dead Space and Spiderman to create and develop character assets. Such collaboration amplifies quality visuals and audio in the game. The game's audio is being produced by professionals that have worked on projects for Grammy-nominated artists such as Major Lazer, Vybz Kartel, and Kabaka Pyramid. With the experts joining hands, the game could potentially gain a fair share in the Play-to-Earn category, driving YETIO price growth.
This is a development teaser of an unreleased demo level:
Not only this, players will earn YETIO tokens by playing the game or staking. This game utility will attract both investors and gamers. Experts predict YETIO could surge 100X in the bull run.
The leading crypto assets like SHIB are on a downtrend but YETIO tokens are buzzing in the crypto market. People are bullish on the YETIO tokens due to the project’s Play-to-Earn (P2E) racing game and the potential to grow in the bull run.
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
