BONK and POPCAT, two of the industry’s largest memecoins, started the week on a low, dipping significantly as the memecoin market struggled to maintain its November momentum. Elsewhere, the new viral Ethereum utility memecoin Yeti Ouro (YETIO) is receiving massive investor attention.
BONK And POPCAT Have A Shaky Start To December
BONK and POPCAT have been two of this year’s best-performing altcoins. In the past 30 days, BONK has gained 140% for a $3.25 billion market cap, the fifth-highest for a memecoin. POPCAT, on the other hand, has been the star of the show this year. Since the turn of 2024, it has gained an incredible 18,000%, the best performance among the 500 top cryptocurrencies.
However, despite their stellar prior performances, the two started the week on shaky grounds. Bonk dipped from $0.00004820 at the start of the month to a weekly low of $0.00003942, an 18% decrease in two days. It has recovered since then and is trading above the $0.000043 level.
POPCAT had a similarly bad start to the week. The Solana-based memecoin dipped from $1.3991 at the start of December to trade at a low of $1.1304, a 20% decrease in one day. Just like BONK, POPCAT has also recovered and trades above $1.4, giving it a $1.4 billion market cap and sustaining its position among the top 100 largest coins.
Memecoins are projected to keep surging toward the end of the year as the euphoria of a Donald Trump presidency kicks in. The Republic billionaire takes over in mid-January next year and is expected to start the friendliest regime to crypto yet.
Investors Turn To Yeti Ouro, Push Presale To $1 Million
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Beyond POPCAT and BONK, investors seeking maximum gains are also targeting Yeti Ouro, a new Ethereum-based utility memecoin that’s going for a paltry $0.012 during its ongoing presale. The project has sold nearly 77 million tokens to raise over $920,000 from thousands of investors.
Yeti Ouro’s prime offering is Yeti Go, a new play-to-earn racing game built using the Unreal Engine by Epic Games. The game’s goal is to outwit opponents, attack them and push them off the racing tracks to gain an advantage. Players must also dodge the obstacles and steer clear of the hazards along the track. Winners get rewarded in YETIO tokens. They also play to join the races and purchase weapons with the token.
YETIO’s supply is capped at a maximum of one billion tokens, which sets it apart from most memecoins whose trillions of tokens in supply limit their upside. Yeti Ouro has also allocated 5% of the supply to the token-burning mechanism, giving YETIO the maximum room for growth.
Join the Yeti Ouro Community
Website: https://yetiouro.io/
X (Formerly Twitter): https://x.com/yetiouro
Telegram: https://t.me/yetiouroofficial
Discord: https://discord.gg/YtUsEZ2ZrV
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