Dogecoin is one of the best-performing coins of the 2024 bull market, but as the industry embarks on a run, analysts believe it might be time to move on from these two and invest in the new and popular utility memecoin Yeti Ouro (YETIO).
Dogecoin Price Prediction: Is It Time To Move On From Dogecoin?
Since the start of the year, Dogecoin price has gained 14%, peaking at $0.4313 on Coinmarketcap last week before the cyclical weekend dip kicked in. This is far below the previously projected gains that most analysts thought the lead-up to the Trump inauguration would bring. DOGE was expected to be the first to break, owing to its close affiliation with Elon Musk and its propensity to be a frontrunner in the memecoin sector. However, the gains have been modest, and analysts are questioning whether Dogecoin price can hit its $1 target in this bull run.
For Dogecoin, the headwind might not be technical in nature. The Washington Post reported on Monday that Elon Musk and his Department of Government Efficiency (DOGE) will be sued immediately when Trump is sworn in, for violating federal transparency laws. The lawsuit by the Washington-based National Securities Counselors seeks to have the department abolished.
While it’s not directed at memecoin, the lawsuit could still dent Dogecoin’s momentum as its market movements are ever so closely linked to ‘the Dogefather,’ Musk.
Yeti Ouro Price Prediction: YETIO Targets $5 In 2025
YETIO has emerged as one of the best alternatives for investors fleeing the uncertainty of Dogecoin. The new utility memecoin has been flying in its presale selling over 128 million tokens in its ongoing presale. The token started out at $0.012 but demand has pushed it to $0.017, giving early adopters a more than 40% ROI, and analysts predict that it will take off once it debuts on exchanges, with the target for this year set at $5, a 29,000% surge from its current presale price.
YETIO’s long-term prospects are based on Yeti Ouro’s positioning, which focuses on offering utility, not hype, like most memecoins. Yeti Ouro’s prime product is Yeti Go, a play-to-earn racing game that boasts a fully immersive experience, fast-paced action and skill-based gameplay. On Yeti Go, the objective is to outwit opponents and claim the winners’ prize, paid out in $YETIO. Built on the Ethereum blockchain, designed to merge the excitement of cryptocurrency with the adrenaline of gaming. YETIO combines meme culture with real-world utility in an exciting new ecosystem. Holders of YETIO will not only enjoy the perks of being part of a rapidly growing crypto community, but also gain access to in-game benefits within Yeti Go, an Unreal Engine-powered P2E racing game that’s currently in development. This integration allows players to earn real rewards, access exclusive content, and engage in high-octane gaming experiences, all while using YETIO tokens. They have teamed up with a prestigious game asset creation company whose portfolio includes iconic titles like Call of Duty, Spiderman, The Witcher, and Dead Space.
The team recently shared a video showing the first glance at the Level 1 map Of Yeti Go game.
YETIO’s tokenomics are also structured to give it staying power once it hits the mainstream. The total supply is capped at one billion tokens, with 5% earmarked for the token-burning process to further prop up the token’s price.
Join The Yeti Ouro Community
Website:
X (Formally Twitter):
Telegram:
Discord: