Memecoin investors have always been quick to snap up the best opportunities before the rest of the market, as the first-mover advantage is most prevalent in this sector. They were quick to jump onto Bonk in 2022 and made massive gains when it shot up to new heights this year. A year later, they spotted Pepe and reaped big in May when it hit a new record. This time, they are investing in the new utility meme coin Yeti Ouro (YETIO) for maximum gains in the upcoming bull run.
Pepe And Bonk Have Hit Their Prime
Pepe and Bonk are two of the most popular meme coins in the market. With a $5.4 billion market cap, Pepe is the third largest in the sector after Dogecoin and Shiba Inu. It’s also among the most traded and constantly beats SHIB on this metric, only trailing Dogecoin.
Pepe was a sleeping giant for most of last year and only started rising to the top in February this year. This run stretched all the way to May, when it set a new all-time high of $0.0000172 for a $7.02 billion market cap. However, it has failed to return to those heights, and despite a 62% jump in the past week, it trades 24% below its record price.
Analysts are split over what’s next for Pepe. Some believe that it could sustain this rally toward the end of the year. Major metrics like unique addresses and trading volume have been off the charts in the past week.
However, others say the glory days might be over despite this week’s gains. Pepe has failed to cultivate utility and has mostly relied on the overall market hype for its rise. Additionally, its circulating supply of 420 trillion tokens limits its upside.
Bonk has a similar story. Its $2 billion market cap makes it the fifth-largest memecoin. Just like Pepe, it shot to its all-time high in this year’s bull rally but had been on a downtrend since, up until last week’s broader market rally. Today, it trades over 40% below its all-time high.
Just like Pepe, Bonk has lacked utility and relied on flashy marketing and the overall meme coin hype for its ascent to the top. It’s also burdened by a massive circulating supply, which stands at 74 trillion. This results in modest gains—for instance, it would never hit $1 as this would push its market cap above $74 trillion, three times the entire US GDP.
Memecoin Investors Migrate to Yeti Ouro
Savvy investors are exiting positions in these memecoins whose chances of a parabolic surge have become limited and placing their money in memecoins that look poised to surge incredibly, and Yeti Ouro is topping the charts for the most in-demand newcomer.
Yeti Ouro is deployed on Ethereum and merges the excitement and fun nature of memecoins with the adrenaline and rewarding nature of play-to-earn gaming. Investors are already looking at it as the next 100X meme coin and the next Dogecoin rival.
Yeti Ouro is built around Yeti Go, a new and exciting racing game that is fun and engaging while also rewarding the players. Built on the Unreal Engine from Epic Games, Yeti Go offers a fully immersive experience where players compete around a course against their friends and other players. They must outwit and outfight their opponents while also dodging hazards along the course, making for a thrilling and action-packed game.
Yeti Go is a play-to-earn game that rewards its players with YETIO tokens, giving the token utility and setting it apart from the hundreds of memecoins in the market that have zero utility. Players also get to make in-game purchases, pay race entry fees and trade items on the in-game marketplace with YETIO.
YETIO has a maximum supply of one billion tokens, giving it a higher upside than other memecoins with trillions of tokens. The project has set aside 50% of the supply for its presale, which has already raised $261,000. It has also allocated a sizable percentage to its token burn mechanism to boost the value of the tokens.
Bonk And Pepe Vs Yeti Ouro
Bonk and Pepe have already hit their heights and can only yield modest gains. However, Yeti Ouro looks set to offer massive returns as more gamers flock to Yeti Go. At $0.012 in the presale, it provides an excellent discount for investors, allowing them to jump in before it hits new highs in the upcoming bull run.
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