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Shiba Inu, Brett, and the new viral meme coin Yeti Ouro defy market trends, sparking investor interest with bullish momentum and unique solutions.
Shiba Inu and Brett defied a broader market pullback at the start of the week to record price rises and maintain their bullish stances that started in early November. Meanwhile, the new Ethereum-based utility meme coin project Yeti Ouro (YETIO) is sparking a wave in the crypto market with its ongoing presale.
SHIB and Brett defy market, start December on a high
The crypto market started the week with a dip, with the overall market cap hitting $3.37 trillion. It has since recovered and is holding steady above $3.5 trillion. However, as other coins were dipping, Shiba Inu and Brett prices spiked, gaining an average of 20% on the first day of the month.
Shiba Inu price trend-defying run came as token burns spiked, with the community playing its part in reducing the supply of the token. Shiba Inu started with a supply of one quadrillion tokens, and although nearly half was wiped out in a giveaway to Ethereum founder Vitalik Buterin, the memecoin still has over 589 trillion tokens in supply. To trim this supply, the community conducts consistent burning, most of which comes from transaction fees. The ultimate question remains: will Shiba Inu coin price reach $1?
Brett’s supply is much lower at 9.9 billion. However, its biggest push has been from the Base blockchain community, which has rallied behind its largest memecoin, which they have assigned the moniker, “PEPE’s best friend.” This led Brett to a new all-time high on the first day of December at $0.234. It has since dipped slightly but trades above $0.2, with many expecting it to retest this ATH before December ends.
New viral altcoin sparks a crypto wave
Meanwhile, a new viral altcoin is sparking a wave in the crypto market. Yeti Ouro has attracted plenty of interest from crypto whales and savvy investors hunting for the next 100x meme coin opportunity and the next Dogecoin rival.
In its ongoing presale, Yeti Ouro has attracted $960,000 from thousands of investors, who have purchased over 79 million tokens. At $0.012, the tokens are discounted and present a lucrative investment opportunity for investors who seek to get in on the next big meme coin project before it takes off.
Yeti Ouro centers around Yeti Go, a new play-to-earn game that pits players against each other on a competitive racing track, where the goal is to emerge victorious. To gain an edge, players can attack each other using weapons purchased from the in-game store or traded in the in-game marketplace. The game also offers unique skins and other customizations to enhance the experience for the players. Built using Unreal Engine from Epic Games by developers who have worked on other iconic games like Call of Duty and Spiderman, Yeti Go promises the most thrilling experience in web3 gaming.
Yeti Ouro has a capped maximum supply of one billion tokens, with 5% earmarked for the token-burning mechanism, which further props up the price.
To learn more about the Yeti Ouro community, visit the website, Twitter, Telegram, and Discord.
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