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Bitcoin has dominated the headlines in recent weeks, with its record-breaking surge and new all-time high attracting hordes of investors. BTC is also racing towards $100,000, falling short by less than $500 a week ago. However, investors seeking higher gains are looking beyond BTC and into Yeti Ouro (YETIO), a new viral memecoin that’s changing the game with its combination of fun and utility.
Bitcoin Price Prediction: BTC Targets $100,000
It has been a landmark year for Bitcoin. After setting a new all-time high (ATH) in March, the top crypto has rallied once again to a new record price in November, hitting $99,551 on November 22nd. While it has dipped to $97,500 since it’s still up 40% for the month and over 130% for the year. This makes November the second-best month for BTC after February, when the launch of the spot ETFs pushed the crypto by 45% for the month.
Hitting six figures is a monumental achievement for Bitcoin, which started the year below $45,000. However, analysts believe this is just the beginning. With Donald Trump assuming office in January, they expect him to double down on his pro-crypto approach, which will include favorable regulations and the appointment of pro-Bitcoin leaders to state agencies. This includes Elon Musk as the head of the Department of Government Efficiency (D.O.G.E) and the resignation of SEC chair Gary Gensler.
“On a multiyear horizon though, bitcoin’s structural uptrend is intact and will ultimately take it to $200,000+,” says Dhaval Joshi, an analyst at BCA Research. “As bitcoin’s share of this market [non-confiscatable assets] increases and the supply of bitcoins reaches its upper limit, bitcoin’s price has substantial upside,” he added.
Other industry leaders have been just as vocal. Arthur Hayes, the founder of Bitcoin derivatives exchange BitMEX, has stated that BTC will hit $1 million due to long-term inflationary pressures. Cathie Wood, the renowned ex-Wall Street veteran and ARK Invest CEO, believes that the top crypto will hit $1.5 million in the long term, which would be a 1400% surge from its current price.
Investors Not Buying Bitcoin Turn To Yeti Ouro
Investors seeking higher gains are turning to Yeti Ouro, a new crypto project that combines the fun nature of memecoins with the rewards of play-to-earn gaming. In its ongoing presale, the project has sold over 60 million tokens, raising $730,000. Investor interest has been reignited by a 20% limited-time Black Friday bonus that ends on December 2nd.
Yeti Ouro centers around Yeti Go, a new play-to-earn racing game that rewards the victors with YETIO tokens. Built using the Unreal Engine from Epic Games, Yeti Go’s immersive nature and depth keep experienced gamers hooked while its accessible nature appeals to casual players and newbies. Players must outwit each other while dodging hazards and obstacles along the track to emerge victorious. They can also push each off-track or attack opponents using weapons purchased from the in-game marketplace using YETIO tokens. Holders can also stake YETIO to unlock exclusive rewards. The team behind the game have shared an exclusive video showcasing the game’s development.
YETIO’s supply is capped at one billion tokens, and 5% is allocated to the token burning mechanism, which makes the token deflationary. With the tokens going for $0.012 during the first stage of the ongoing presale, Yeti Ouro offers a unique opportunity for 100X gains.
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