In every bull market rally, there comes a moment when Bitcoin reaches its peak, Ethereum becomes a trendsetter, and altcoin season begins. Analysts believe that this point is approaching, and with BTC hitting $100,000, it may be Ethereum’s turn to hit new highs. Meanwhile, savvy traders are investing in Ethereum’s main rivals Solana and Snowman Euroa new utility project whose pre-sale has caused quite a stir in the cryptocurrency space.
Ethereum and Solana will take off before the end of the year
Analysts consider Ethereum and Solana to be two currencies to watch before the end of the year. However, the performance of the two in this bull market is completely different.
While the rest of the market surged and some major coins like Solana and Bitcoin hit all-time highs over the past two weeks, Ethereum failed to impress. Ethereum is only up about 30% so far this month, bringing its gains this year to 50%. While that was enough to solidify its position as the largest altcoin with a market capitalization of $410 billion, it didn’t excite investors like many of its peers.
However, analysts expect Ethereum to wake up from its slumber and surge higher by the end of the year. Experts from Standard Chartered Global Banking Predictive ETH will reach $10,000, aided by a “Republican sweep” in the recent election, helping the overall market cap of cryptocurrencies reach $10 trillion in the medium term.
Solana, on the other hand, is enjoying its best performance since 2021. Last week, it hit an all-time high of $263.5, giving it a market capitalization of over $125 billion, making it more valuable than Starbucks, Nike and Sony.
Solana’s fundamental metrics are surging, supporting analysts’ theories that it can sustain long-term growth. Its trading volume has hit $10 billion in recent weeks as investors scramble to take advantage of its format. The total value locked in its DeFi ecosystem has surged 46% in the past month to $9.3 billion, second only to Ethereum.
Investors flock to Yeti Ouro ahead of price rise
Savvy investors looking for the next 100x memecoin are rushing to invest in Yeti Ouro, a new utility memecoin, before its price rises. The project is in its first pre-sale phase, attracting thousands of investors and selling over 44 million YETIO tokens. The tokens are selling for $0.012, which is a significant discount considering the project’s appeal and projected growth, with many expecting the price to push to $1 next year.
The Yeti Ouro team recently released a new video showing the behind-the-scenes machinations of the developers building Yeti Go, a new money-making game that blends the excitement of cryptocurrency with the excitement of gaming. This video gives us a closer look at the hard work and passion that went into this project.
https://yetiouro.io/yaya_uploads/2024/11/YETIGO_promo.mp4
YETIO gives investors an early entry point into what Dogecoin could become as the next big competitor. Yeti Ouro’s supply is capped at 1 billion tokens, with 5% allocated to a token burning mechanism, so it’s poised to become the next meme coin to break out.
in conclusion
While Ethereum and Solana compete to become the largest altcoin, savvy investors are looking beyond them to find the next 100x opportunity, and Yeti Ouro has emerged as one of the best investments.
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