Bitcoin is edging ever closer to the $100,000 landmark after reviving its rally toward the end of the week. The top crypto hit $99,400 this week, and despite retracing slightly, it’is within touching distance of the six figure mark. Meanwhile, Yeti Ouro has gone viral after attracting over $500,000 in the first stage of its presale as investors hunt for the next 100X memecoin.
Six Figures For Bitcoin
Bitcoin started the year trading around $40,000, and while some analysts set ambitious targets for the crypto, it has surpassed most. It started with the March rally that followed the approval of the Bitcoin ETFs by Gary Gensler’s SEC. When BTC hit $73,000 in early March, most traders thought it had peaked and that it was time to take profits. This pushed it back to mid-five figures by September as the momentum petered out.
Then came Donald Trump, and as the elections approached, he became the pro-Bitcoin candidate, promising to make the US the world’s crypto capital. When Trump won the November 5th elections, BTC surged, leading hundreds of other altcoins in setting new highs. And just when most traders thought the momentum had faded, BTC has reignited its rise and is now within touching distance of the $100,000 mark.
BTC’s rise has been supported by strong interest from investors. This week, daily trading volume has been hitting $80 billion regularly, and on some days, has even surpassed $100 billion. This is significant, considering that even during its March bull rally, the trading volume peaked at $70 billion. It shows that a lot of new money has been flowing into BTC in the current bull cycle. This is reflected in the Bitcoin ETFs, which surpassed $100 billion this week for the first time.
Bitcoin holders believe that $100,000 is just the beginning. One of BTC’s biggest bulls, Michael Saylor, says that the top crypto will surge 12,900% over the next two decades, predicting a $13 million price tag on BTC by 2045.
Yeti Ouro’s Presale Attracts $500,000
While Bitcoin remains one of the most stable investments, investors seeking higher gains in the ongoing bull run are betting on Yeti Ouro. The utility memecoin has raised over $500,000 in the ongoing presale, where investors have purchased 43.5 million YETIO tokens.
Interest in Yeti Ouro’s presale was reignited by a 20% bonus that investors benefit from if they purchase YETIO before November 25th. Additionally, the team behind Yeti Ouro recently released a video that offered a behind-the-scenes look at the development of Yeti Go, its play-to-earn game. The video, which shows the team’s hard work and passion as it endeavors to develop the most thrilling game in crypto, has revitalized the connection investors had with the promising project, boosting presale figures further.
Yeti Go promises a thrill for players. It merges the adrenaline of gaming with the rewards of play-to-earn, with the winners of every race getting a reward paid in YETIO. To gain an edge, players can purchase weapons and other unique customizations with YETIO.
Conclusion
Bitcoin is on the edge of hitting the long-awaited $100,000 level, savvy investors are opting for Yeti Ouro, which is better positioned to deliver 100X gains in the ongoing bull market.
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