After hitting a new all-time high last week, Solana appears well-positioned to continue its record price rise towards the end of the year. Analysts estimate that SOL will surpass $300 in the coming year, strengthening its position as one of the most important crypto ecosystems.
On the memecoin front, investors are eyeing two tokens: Shiba Inu and Yeti Ouro. The latter is a new memecoin utility project that has reignited interest in its ongoing presale with the release of a behind-the-scenes video.
Solana will reach $300
Solana has gained 150% year to date and continues to impress with its sustained rally. During November’s bull rally, it gained nearly 50% and maintained its momentum as many other altcoins faltered as enthusiasm over Donald Trump’s election victory faded.
Last week, it reached a new all-time high at $263.5 for a market capitalization of $125 billion. This completes one of the most incredible turnarounds for any top 100 coin in the last two years. When FTX crashed in November 2022, Solana, which was heavily linked to Sam Bankman-Fried, collapsed, hitting a low of $13.5 in early 2023. Since then, it has gained over 1,800% for consolidate its position as the fourth largest crypto project. .
Beyond price, Solana’s ecosystem has grown over the past two years. Its DeFi ecosystem is the second largest in the industry after Ethereum, with a total value locked of $9.3 billion. according to at DeFiLlama.
Memecoins: Shiba Inu and Yeti Ouro dominate the market
In the memecoin market, Shiba Inu and Yeti Ouro have become two of investors’ favorites. The former is the second largest memecoin after Dogecoin, with a market capitalization of $15.5 billion. It has surged more than 150% this year, and as the altcoin season begins, analysts expect it to continue to impress and rise to the top spot.
Shiba Inu is working to move from being a pure memecoin to offering other solutions with its Ethereum-based layer 2 network, Shibarium. Founder Shytoshi Kusama has worked to position memecoin to benefit from the continued prominence of crypto and particularly Dogecoin in the incoming Trump administration.
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Yeti Ouro, on the other hand, is a new memecoin utility project that combines the excitement of meme culture with the adrenaline of track racing and the reward of gambling for winning.
Yeti Ouro is built around Yeti Go, a P2E game that rewards winners with YETIO tokens, its native token. Players compete on a racing track, where they must avoid obstacles and hazards while attacking their opponents to gain an advantage. They can upgrade their weapons on the in-game market, paying with YETIO tokens. They can also stake their YETIO to unlock exclusive rewards.
Yeti Ouro has raised over $528,000 in the first stage of its ongoing presale. Investor interest has been reignited by the release of a new video from the project that shows the team’s efforts and other behind-the-scenes footage of the team building Yeti Go.
Solana or Memecoins?
Solana appears poised to hit $300 in the coming year, rewarding investors who have held on since its 2022 collapse to $13. However, memecoins are better positioned to offer larger gains, and Yeti Ouro is one of the best choices for ex gains.
Join the Yeti Ouro community
Website: https://yetiouro.io/
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Telegram: https://t.me/yetiouroofficial
Discord: https://discord.gg/YtUsEZ2ZrV