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As memecoins set the pace in the ongoing bull rally, Shiba Inu and Pepe investors are setting ambitious targets to close an incredible year for the two leading memecoins. Elsewhere, investors are eyeing Yeti Ouro (YETIO) as the next Dogecoin rival as its diverse ecosystem continues to appeal to the masses.
Shiba Inu and Pepe Set Ambitious Targets
Shiba Inu has been one of the market leaders and at $14 billion, it’s only second to Dogecoin in the memecoin world and ranks 11th overall in the crypto sector. This month, SHIB has gained nearly 30%, and while it’s impressive, it ranks much lower than its peers such as BONK, Pepe and DOGE for monthly gains; these three have all gained over 100%.
Shiba Inu holders have set the long-term target at $0.01, which would be a 41,000% surge from the current price. While this target may appear overambitious, Shiba Inu has a history of massive price gains. Since the beginning of 2021, it has gained 30,000,000%, making it one of the best-performing assets in the world at that time.
Pepe has also impressed in the current rally. Since the beginning of November, it has gained 105%, bringing its total gains for the year to 1,400%. According to one analyst, Pepe has been in an accumulation phase following its post-election rally and will likely break out to record over 100% in gains by the end of this year.
Yeti Ouro Attracts Investors With Diverse Ecosystem
Investors seeking massive gains are investing in Yeti Ouro, a new utility memecoin that merges the excitement of the meme culture with the adrenaline of play-to-earn gaming.
Yeti Ouro’s presale is in the first stage, and investors have scooped up 43 million tokens as they seek the next Dogecoin rival. These investors are taking advantage of the limited-time 20% bonus that the project is currently offering, which ends on November 25th. The Yeti Ouro team also recently released a video on the development process of its Yeti Go game. The video shows the team behind the thrilling game and what it seeks to achieve, as well as the hard work, dedication and passion that has gone into the development of the engaging and immersive game.
Yeti Go is powered by YETIO, the native token of the Yeti Ouro ecosystem. Players pay to join the races with YETIO, receive their rewards in the token, pay for weapons and customizations and trade items on the in-game marketplace. Holders who stake the tokens unlock special in-game features, access to premium content and exclusive rewards.
YETIO’s maximum supply is capped at one billion tokens, unlike most memecoins whose supply is in the trillions. The project has also earmarked 5% of the supply for the token burning mechanism, further boosting the price of YETIO.
Conclusion
Holders of Shiba Inu and Pepe have set ambitious targets for the two leading memecoins, and analysts say that they could hit these targets in the long term. However, savvy investors are turning to the new utility memecoin project Yeti Ouro, whose upside is greater than the other two.
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
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Source: https://en.cryptonomist.ch/2024/11/22/shiba-inus-race-0-01-pepe-joins-race-aiming-0-001/