The cryptocurrency market has once again exhibited signs of life. Dogecoin (DOGE) can be seen leaving behind Shiba Inu (SHIB) in a heartening revival of meme coins. At the same time, XRP continues its attempt at defeating a critical resistance near its all-time high of 2018. This renewed momentum also led to meme to utility project Yeti Ouro (YETIO) narrowing the gap in presale stages with an astonishing 40% growth. With Trump entering office, the crypto market is already seeing a positive impact.
In the past 24 hours, DOGE price progressed by 8.5% while jumping to a five-week high which stood at $0.419. Based on recent data, some analysts attributed the inauguration of a pro-crypto U.S. administration and Elon Musk’s newly established D.O.G.E. to his bullish sentiment around DOGE. Although muted, some bullish forecasts have begun speculating sentiments on testing $1 by the end of 2025. If DOGE continues to clear the Fibonacci levels and reaches $0.391, there are potential indicators that point to a further rally however it would take somewhere around 20 – 40 cents for DOGE to reclaim the $1 level.
XRP is also attempting to get as close to the 2018 all-time high of $3.40, while DOGE and SHIB continue to grow the viral meme coin market. XRP has a trading price of approximately $3.23 at this time which is 40% higher than last week’s price. Some analysts think it got so high because of the rumors surrounding XRP-focused ETF policies. An increase in high-value transactions and whale addresses could also cause XRP price to cross $3.40. Additionally, sources from Ripple claim that there will be higher clarity from the SEC combined with a clearer listing they hope to add could also help with their target.
Compared to the main coins, Yeti Ouro remains largely unknown, but this did not stop it from growing by 40% in presale rounds. YETIO’s growth is attributed to its focus on the real world and meme culture. Yeti Ouro is established around a racing game powered by Unreal Engine, which is Play-to-Earn (P2E). By providing utility for his tokens, Yeti Ouro aims to deliver more in-game for mere speculation. Additionally, when combined with a deflationary burn mechanism and a restricted supply of one billion tokens, YETIO offers a stronger tokenomical model than the traditional meme coins that depend purely on market hype.
The team shared a video showcasing the first glance at the Level 1 map at a distance. This is a larger area of the map that uses the same death match style game play. Players have a large surface area to avoid attackers and collect power-ups to help them defeat opponents. There is so much detail yet to be shown, with garages for vehicle repairs and upgrades as well as hidden tunnels and harsh terrains to get through.
The cryptocurrency market continues to demonstrate enthusiasm for established and new projects, as demonstrated by Dogecoin outperforming Shiba Inu and XRP pushing to an all-time high. Yeti Ouro capitalizes on this market momentum by combining meme value with real gaming applications.
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