The cryptocurrency market is witnessing a remarkable surge, particularly memecoins and DeFi tokens. Tokens like Fantom (FTM), Popcat (POPCAT), and the relatively new player Yeti Ouro (YETIO) have shown remarkable improvement and gained the interest of investors. While well-known meme coins are struggling, Yeti Ouro (YETIO) is presenting itself as a promising candidate for the role of a market challenger after reaching the presale level of over $260 in just over two weeks.
Fantom (FTM)
Fantom is a Layer 1 blockchain that is also EVM compatible. It is designed to work with various decentralized applications, smart contracts, and Peer to Peer transactions.
October was quite a volatile month for Fantom after starting a strong recovery that had investors waiting for the next big move. The token has seen a 11.2% jump in the last month and a monumental 181% rise within the last year, pushing the token’s market capitalization to about $2.02 billion.
Presently, the transaction speed is around 9,500 per second with an average gas fee of $.06, which makes it a strong prospect for developers and users. The market is still very bullish as traders are taking a lot of long positions in FTM.
Popcat (SOL)
Popcat (SOL), a meme coin that runs on the Solana network, is also picking up steam. Since early October, Popcat has garnered much attention from investors and has now reached over $1.3 billion in market capitalization. The coin has recently traded above $1.39, which shows that it holds important support levels quite well.
The trading community continues to be vibrant with high-volume trades even when the market experiences slight fluctuations. This is because Popcat is well placed for further growth and should be of interest to investors seeking exposure to Solana-based memecoins. The current bullish trend in the market exhibited by Popcat may continue to push its price up in the future.
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Yeti Ouro
Yeti Ouro has become one of the prominent memecoins in the market, especially given the overall bearish trend in the memecoin market. The token is currently in the presale stage, with one token going for $0.012. Within three weeks of the launch of the YETIO tokens, more than 20 million tokens were sold raising over $250k in presale.
In just three weeks, investors have managed to pool together a quarter million dollars in presale volume, which indicates the anticipated interest in the project. It is not surprising, though, that Yeti Ouro (YETIO) possesses actual use cases since it serves as the native cryptocurrency for the soon-launching racing game Yeti Go.
Yeti Go is in the development stage and offers fun and exciting game play, whereby the players race to the finish line while avoiding obstacles and picking up power-ups. This dynamic gameplay has been very strategic in boosting YETIO’s rally as both gamers and investors have been attracted to it.
Crypto whales are generally drawn towards projects which hold the potential of giving high returns and also have good community participation. Yeti Ouro checks all the boxes as it boasts a unique token distribution model, which includes a 5% token burn and rewards for its early adopters.
Join the Yeti Ouro Community
Website: https://yetiouro.io/
X (Formally Twitter): https://x.com/yetiouro
Telegram: https://t.me/yetiouroofficial
Discord: https://discord.gg/YtUsEZ2ZrV
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