The cryptocurrency market remains active in November, with a focus on Avalanche, Toncoin, and Yeti Ouro (YETIO). Avalanche has seen a significant uplift in its native token, with the coin skyrocketing by 15% in value over the past week. At the same time, Yeti Ouro, an up-and-coming play-to-earn gaming token, is attracting crypto whales with a 20% presale bonus for a limited time.
Avalanche is one of the more popular blockchain networks, which has translated into high activity for its AVAX token this month. Analysts predict that by the year’s end, the AVAX token may surge by as much as 35 percent due to ambitious scalability solutions, ultra-low expenses for transactions, and robust ecosystem backing. Avalanche has always been a go-to project for developers and dApps because of its efficiency and ability to deliver as expected.
Future advancements have fueled Avalanche supply, including collaborations and acquisitions that demonstrate AVAX’s scalability. One of the unique factors about AVAX is that even before the current bull rally, its price has held steadily for months, showing that it remains in the hands of long-term holders who believe in its future and are ready to keep HODLing for years.
Toncoin (TON), a cryptocurrency launched by the Telegram founders, has gained 15% in the last week, according to data on major exchanges. Currently ranging between $4.69 and $5.72, the token is close to its major resistance of $6.17. Some technical indicators go on to suggest that this barrier could open the way for further extension towards $7.20.
TON blockchain is fast, scalable, and can easily be integrated with Telegram giving it access to a user base of over 950 million users. New institutional investment, of which $10 million has been invested by OKX Ventures, The Open Platform, and others, is set to improve the operations of TON, especially for decentralized finance (DeFi).
Toncoin continues to focus on play-to-earn gaming, giving it the foundation for explosive and sustained growth. The success of projects like Notcoin has proven that the network can be home to global mega-games and handle the volume without outages. This also appeals to long-term holders who hunt for projects with staying power.l
Despite its relatively recent entry into the crypto market, Yeti Ouro is gradually making headway in the play-to-earn gaming space. Its official game, Yeti Go, is attracting gamers and crypto fans alike to compete over a thrilling racing track, which pays users in YETIO tokens for their victories. Launched on the Ethereum network, the token covers customization, power-ups, and unique skins on the in-game marketplace and racing fees.
In its ongoing presale, Yeti Ouro has attracted thousands of crypto investors, who have purchased over 30 million tokens, leveraging the 20% bonus that started on November 18th and runs for a week.
Initial investors remain buoyant, with analysts expecting the token’s price to rise sharply in the next few weeks. Adding a layer of a token-burning mechanism can also increase this value, and the project is capped at one billion tokens.
The Yeti Ouro game development team recently released a video depicting the behind-the-scenes activities that went into building Yeti Go. The video captures the team’s passion, drive and energy as it strives to build the most engaging and immersive P2E game. This has revitalized investors’ interest in the project, boosting sales in its presale.
November started out slow, but the November 5th US elections have boosted the fortunes of projects like Toncoin and Avalanche. However, Yeti Ouro has consistently offered the best investment opportunity with its YETIO token, which combines the meme culture with utility in a P2E gaming ecosystem. The ongoing 20% bonus, which is time-limited, makes it a great buy this week.
Join the Yeti Ouro Community
Website: https://yetiouro.io/
Telegram: https://t.me/yetiouroofficial
Discord: https://discord.gg/YtUsEZ2ZrV
X (Formally Twitter): https://x.com/yetiouro
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.