After the massive rally sparked by Donald Trump’s victory in the US polls pushed the crypto market cap to a new record above $3.50 trillion, investors are now preparing for the second wave of this bull rally and have identified three tokens for maximum gains: TRON, BONK and new trending altcoin Yeti Ouro (YETIO).
TRON And BONK Pique Investor Interest
TRON has not been as prolific in this bull rally as many of its peers. In the top 20 coins, only BNB has gained lower than TRON’s 23% over the past 30 days. Its highest price was on November 23rd when it hit $0.2208, which was still 35% below its 2018 all-time high of $0.3.
However, despite not impressing on the price charts, TRON price has been steadily growing its ecosystem. It now has the world’s third-largest total value locked (TVL) in DeFi with $8.01 billion and has been closing down on Solana, which is less than $1 billion ahead. TRON’s daily active addresses have also been consistently high and have sometimes been twice as high as the next best network. This metric is handed a big boost by Tether activity; the top stablecoin has $62 billion worth of USDT on TRON. In November alone, Tether minted $14 billion worth of USDT on the network.
Beyond the thriving ecosystem, TRON has received a big boost from its founder Justin Sun’s continued headline-grabbing actions. The latest was his purchase of a $2.6 million banana, which was represented as conceptual artwork and sold in a Sotheby’s auction. He went on to eat the banana at a news conference in Hong Kong, where he drew parallels between the artwork and crypto. He also invested $26 million in Donald Trump’s DeFi platform, making him the biggest investor in the new president’s pet project.
Meanwhile, BONK price doubled in November, setting a new all-time high of $ 0.0000579 on November 20. However, just like most other memecoins, the Solana-based token has dipped over the past week as the bullish momentum fazed. It remains the fourth-largest memecoin with a $3.2 billion market cap, although it faces stiff competition for the spot from Dogwifhat, yet another Solana-based memecoin.
BONK coin’s breakout in November allowed it to surge past critical resistance points, which it has struggled with all year. Despite the recent pullback, the price has held steadily above these price points, successfully turning the resistance into support, as noted by one analyst on X.
(Image courtesy of Trader Koz on X)
New Trending Altcoin Yeti Ouro Attracts Investors
Yeti Ouro, a new trending utility meme coin project, has also attracted investors, emerging as one of the best new projects for those seeking 100X gains.
Yeti Ouro is built around Yeti Go, a new play-to-earn (P2E) game where players must outwit their opponents to win their races, while also dodging hazards and obstacles. They can purchase and upgrade their weapons in the in-game marketplace to have an edge against rivals. They can also trade their items with other players. All this is powered by the native YETIO token, which gives it perpetual utility.
In the ongoing presale phase, the project has sold 70 million tokens, raising $842,000 from thousands of investors. At a mere $0.012, Yeti Ouro offers one of the best opportunities in crypto, with analysts expecting it to hit $1 before most major cryptos.
Join the Yeti Ouro Community
Website: https://yetiouro.io/
X (Formerly Twitter): https://x.com/yetiouro
Telegram: https://t.me/yetiouroofficial
Discord: https://discord.gg/YtUsEZ2ZrV