Investors are seeking better returns with other altcoins, and Fantom has been among the leading picks following its continued impressive performance. Investors seeking maximum returns are exploring the new memecoins with the potential for explosive returns, and Yeti Ouro is among the most popular.
DOGE Doubles Value As Fantom Attracts Investors
Dogecoin has had one of its best runs over the past week. Since November 5th, it has gained over 150% to trade above $0.4 as it targets surpassing its all-time high, which it set in the 2021 bull rally.
On Tuesday, November 12th, DOGE hit its highest price since mid-2021 at $0.4298. While this rise has been impressive, technical charts show that the memecoin could be primed for even bigger gains.
Dogecoin’s fortunes could be set to get even better, with Elon Musk revealing this week that the Trump administration had given the green light for the creation of the “Department of Government Efficiency,” whose acronym spells out D.O.G.E.
At $0.75, FTM trades at its highest price since May, pushing its market cap to $2.12 billion.
Unlike many coins whose rise was purely speculative, Fantom’s ecosystem has been thriving, setting it up for sustained growth. This week, its total value locked (TVL) recorded the highest gains at over 13%, ahead of Avalanche, Solana and Ethereum. Some analysts say it could become the next big rival for Solana and deliver even better gains than SUI did in the last bull cycle.
Yeti Ouro The Next Popular Utility Memecoin
While DOGE continues to leverage Trump’s victory and Fantom’s TVL growth impresses investors, both coins have limited room for growth as they have hit billions of dollars in market cap.
Investors seeking maximum gains are investing in Yeti Ouro, an Ethereum-based memecoin project that’s delivering utility and long-term viability.
Yeti Ouro steers clear of the limitations that face most memecoins. The first is an outsized circulating supply; at a capped supply of one billion tokens, it’s likely to sustain its gains, unlike projects like Dogecoin and Shiba Inu, which have 146 billion and 589 trillion tokens, respectively. Additionally, 5% of the supply is earmarked to be burned, making the project deflationary.
The project is built around Yeti Go, a play-to-earn racing game that’s both fun and rewarding. Built for both pros and newbies, Yeti Go is a player-versus-player game where each racer competes to win their races, attacking the competition and dodging obstacles along the way.
On Yeti Go, players pay to join races with YETIO, the ecosystem’s native token. The token is also issued as a reward for winning races, as payment on the in-game marketplace and for staking to unlock exclusive rewards.
Dogecoin Vs Yeti Ouro
Dogecoin has impressed with its 100% gain in the past week. However, this was spurred by Elon Musk and Trump’s victory and is unlikely to be sustainable. Investors seeking longer-term gains are investing in Yeti Ouro, which has already sold 22% of its tokens in the presale. With a 10% bonus for investors at the current stage, it’s the best time to invest in the next big thing.
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