SHIB Breaks Key Resistance, ETH Climbs 12%, While YETIO Captures $1.7M In Investor Interest Amid Trump Inauguration

Ethereum Price Prediction: ETH’s Climb Backs

Ethereum’s story is staked alongside its strength as part of its network. For the last couple of days, ETH price managed to showcase an almost 12% increase. This is thanks to data that suggests an increase in the amount of staked tokens with a circulating supply reduction. Indicators like Bollinger Bands denote higher-than-usual volatility, however, the price has been able to trend above major moving averages. On the other hand, the 20 EMA and 50 SMA are positioned quite close to lower limits alluding to the fact that if the stronger bullish middle than expected remains, additional upside may be in the cards. But because of Ethereum’s powerful remnant of development, combined with an ecosystem that seems to allow continual gains, XRP’s spin of predictions about market cap domination has an ETH ceiling.

YETIO Pre Sale Continues

Even with SHIB and ETH in the limelight, Yeti Ouro (YETIO) is steadily raking in investors, and has surpassed the $1.7 million investment mark in its presale thus far. The concept of YETIO seeks to combine tangible gaming applications, especially its soon-to-be-launched racing game that is developed using the Unreal Engine, with meme coin marketing. With deflationary tokenomics that utilizes a capped supply and a burn mechanism, Yeti Ouro seeks to offer a solution to the conventional meme coins’ biggest flaw – waiting for the social media engines to push them hard. YETIO hopes that by providing a purpose to the token, they will shift to a variety that is more stable and will not go away when the memes do. 

The team shared a video showcasing the first glance at the Level 1 map at a distance. This is a larger area of the map that uses the same deathmatch style game play. Players have a large surface area to avoid attackers and collect power-ups to help them defeat opponents. There is so much detail yet to be shown, with garages for vehicle repairs and upgrades as well as hidden tunnels and harsh terrains to get through.

Conclusion

As SHIB gains life again and new meme coins are issued, Yeti Ouro is simultaneously combining viral marketing with gaming economies and deflationary mechanics. These examples highlight the fact that in a world looking for new ideas and new development approaches, major shifts are possible at both ‘old’ and ‘new’ utility-based coins. It’s safe to assume that altcoins, meme coins, and everything else sitting in the middle are ready for an interesting ride.

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