Shiba Inu Competitor Priced At 0.017 Gears Up To Hit $1 Before SHIB, Where Does This Leave Bonk?

The race to $1 in the memecoin is heating up as the bull market rages on. Shiba Inu has been one of the big gainers since early November

But this new Ethereum-based rival, Yeti Ouro (YETIO), which is priced at $0.017 in the ongoing presale, may beat it to the landmark price. But where does all this leave Bonk?

Will Shiba Inu Coin Hit $1?

Shiba Inu coin price is up nearly 150% this year, and while some other memecoins have performed much better (Pepe, for instance, has gained 1,550%), SHIB has managed to cement its position as the second-largest memecoin in the market, only trailing Dogecoin.

The long-term target for the SHIB Army is $1. While this target may seem elusive, especially given that SHIB price currently trades around $0.000025, it can’t be dismissed. After all, Shiba Inu has been known to make some unbelievable gains even when the odds have been stacked against it. In 2021, Shiba inu price shot up a historic 45,000,000%, which would have been enough to propel a $3 punt into a $1 million portfolio.

But where does this leave Bonk, the largest memecoin in the rapidly-growing Solana ecosystem? BONK has experienced a record-setting rally over the past month, hitting a new all-time high of $0.0000579 on November 20. Expectedly, it has dipped nearly 40% since then as the broader market has cooled down.

However, BONK could rediscover the momentum that pushed it to a new ATH in the new year, especially around the time Donald Trump assumes the presidency of the US. BONK is also set to keep gaining from the overall growth of the Solana ecosystem, which has been on an upward trajectory all throughout this year. Just this week, a new memecoin on Solana, known as Pudgy Penguins, pushed the network to 67 million transactions, its highest ever.

Could This $0.017 Token Be The Better Investment?

Yeti Ouro has emerged as the better investment for investors seeking a memecoin that will hit $1 the fastest. In its ongoing presale, the token is selling for $0.017, which is multiples higher than most leading memecoins and much more likely to get to the $1 mark first. The token has already appreciated in value from the recently concluded first stage, where it sold for $0.012, raising $1.25 million from investors and selling 100 million tokens.

Yeti Ouro has launched a meme contest with a prize pool of $2000 for 1st place, $1000 for second place and $500 for third place.To participate, create engaging Yeti-themed memes, and share on X. Make sure to tag @yetiouro and use hashtag #YetiMeme. To learn more head over to the official Yeti Ouro X channel.

Yeti Ouro revolves around Yeti Go, a new play-to-earn game that is set to explode once it launches. Yeti Go strikes the fine balance between offering the thrill that gamers crave and providing the rewards that Web3 games have come to symbolize.

On Yeti Go, players compete on a racing track, where they can attack each other using weapons purchased in YETIO to gain an edge. They must also evade obstacles and hazards. The players who can balance the quick reflexes with the skills and the gaming acumen are rewarded in YETIO. The game was built using the Unreal Engine by leading global developers who have contributed to the development of iconic titles like Spiderman, Call of Duty and The Witcher 3.

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

This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.