Dogecoin and XRP have become two of the must-haves in the ongoing bull rally. The former was the pacesetter when the bull rally started in early November. Since then, XRP has taken over and has been relatively unaffected by market pullbacks, quadrupling its price in the past month. Crypto whales are also adding new altcoin sensation Yeti Ouro (YETIO) to their portfolio for maximum gains.
Dogecoin and XRP Are Must-Haves
Dogecoin has always been one of the best cryptos to invest in during any bear market as it always tends to be one of the best performers. The November rally was no different, with the meme coin doubling its price days after Donald Trump had won the US presidential elections. Its momentum has slowed down since then, but with most analysts expecting another wave of price spikes toward the end of the year, it’s the best time to accumulate the original dog-themed memecoin.
One analyst believes that the meme coin is about to embark on a massive uptrend, noting that the DOGE/BTC pair always surges after Bitcoin hits new highs. Additionally, applying the Elliott Wave Theory to the pair — which states that an asset shoots parabolically after it completes a three-part ‘ABC’ correction — supports DOGE’s bullish thesis.
(Analysis courtesy of Bluntz Capital on X)
The analyst further notes that he expects BTC to rise higher this cycle, setting its expected price at $140,000, which would be a 40% rise from its current price. This would further drag the DOGE/BTC expected correlation nearly 50% higher. Ultimately, the end target for Dogecoin in this bull market is $2.20, the analysts says.
As Dogecoin price awaits its rise, XRP price is already setting the pace. Since the start of November, the token has surged over 420%, opening this week with a 40% rise on Monday. XRP is now trading at a seven-year high to push its market cap above $153 billion. This allowed it to flip Tether (USDT) to become the third-largest crypto in the market after Bitcoin and Ethereum, a position it held for years before the SEC went after Ripple.
XRP’s fortunes could get even better, with rumors that Donald Trump could appoint Ripple CEO Brad Garlinghouse to become the head of the US government’s crypto oversight. The former AOL and Yahoo! executive is highly regarded on Wall Street and would transition seamlessly into the role, which would catapult XRP.
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Crypto Whales Turn To Yeti Ouro
Investors on the hunt for the next 100X meme coin that can compete with Dogecoin and XRP are stacking up on Yeti Ouro, a new utility meme coin that’s going for the discounted price of $0.012 in its ongoing presale. The project has attracted thousands of investors, who have purchased over 71 million tokens and raised $854,000.
Yeti Ouro’s prime offering is Yeti Go, a play-to-earn game built using the Unreal Engine, which makes it immersive and engaging. Players race with other opponents for a prize paid in YETIO tokens, and they must outwit them, push them off-track or attack them using weapons they can purchase in YETIO. Token holders can also stake them for exclusive rewards.
Yeti Ouro has capped the supply of its tokens at one billion, and with 5% of the supply earmarked for the token-burning mechanism, the project is set up for long-term success.
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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