Ripple’s XRP has continued to defy the market, surging over 50% so far this year as the crypto market begins life under the Trump government. Now trading at over $3 on Coinmarketcap, XRP price is expected to continue rising, with the resolution of the SEC case and a spot ETF approval expected to boost the XRP price to new heights. Analysts have also projected Yeti Ouro (YETIO) to be the other breakout star of this year’s bull rally as the new utility meme coin hit a new milestone in its presale.
XRP Stars In Trump-Inspired Rally
XRP price started the year at $2.0197, but as the Trump inauguration approached, the token’s momentum took off, enabling XRP price to peak at $3.385 just days before the event. In those first two weeks, the token added an incredible $78 billion to its market cap, cementing its position as the third-largest crypto after Bitcoin and Ethereum, and just ahead of USDT.
Analysts point out that XRP’s price rise has been mostly down to the bullish momentum sparked by Trump’s rise to the US presidency. However, in the longer term, they believe the token will continue to rise as optimism around its institutional adoption grows. For this to happen, Ripple must put its legal battle with the SEC behind it.
“There is a lot of optimism that Ripple can focus on XRP adoption and utility if this case is resolved under the new Trump administration SEC. Strahinja Savic, who heads data analytics at Canada’s FRNT Financial, opines.
Analysts have been extremely bullish in their XRP predictions, with several setting their price target at $15. The prediction is based on a long-term symmetrical triangle that the XRP price has formed since hitting its all-time high in 2018. The token’s breakout over the past few months points to a breakout that analysts believe will push it up over 400% from its current price.
(Source: Kanguha Lubale)
Yeti Ouro Breaks Presale Milestone
Elsewhere, Yeti Ouro has captured investors’ attention in its ongoing presale, where it has sold almost 145,000,000 YETIO tokens, breaking a presale milestone. The Ethereum-based project has completed over 44.2% of the presale, with each token currently selling at a discounted price of $0.017 giving early investors over 40% ROI already.
Such high numbers suggest the presale has been attracting institutional investors as well as casual investors. In addition to its recent audit by a reputable company SolidProof, Yeti Ouro has strengthened its legitimacy and trust amongst its investors.
A recent Youtube video by analyst Upnext is going viral as it suggests Yeti Ouro to be the next 100x meme coin.
Yeti Ouro is built around Yeti Go, a play-to-earn game developed by avid gamers in partnership with the game asset creation firm behind successes such as Spiderman, Call of Duty and The Witcher. Yeti Go offers destructive PvP racing where opponents can gain an edge by attacking their rivals, all while dodging environmental hazards and other obstacles. To enhance the gameplay and make it fully immersive, Yeti Go was built using the Unreal Engine 5, with the audio experience boosted by the implementation of Dolby Atmos and Spatial Audio.
A picture of Yeti Go game – Level
The Yeti Go ecosystem is powered by the YETIO token, which players use to pay make in-game purchases, trade items and buy customizations and stake to unlock exclusive rewards. With a total supply of a billion tokens, and 5% allocated to the token-burning mechanism, YETIO is designed for sustainable long-term growth. Its demand on the Yeti Go ecosystem translates to perpetual demand, which gives it the utility that most memecoins lack.
Yeti Ouro is the one to watch out for in the upcoming months. Particularly investors who are looking for an opportunity to turn a small amount of money into significant wealth.
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