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Solana marks 2,719% increase, Sui surges as new ETH MemeFi token causes stir

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Solana marks 2,719% increase, Sui surges as new ETH MemeFi token causes stir

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Solana’s remarkable recovery, Sui’s breakout potential, and Yeti Ouro’s MemeFi solutions position them as top contenders in the approaching crypto bull run.

As the cryptocurrency market heats up with the approach of another potential bull run, investors are keen to identify the best crypto assets to add to their portfolios. Solana (SOL) continues to dazzle with its incredible recovery from 2022 lows, Sui (SUI) is showing strong breakout potential and a new Ethereum-based MemeFi token, Yeti Ouro (YETIO), is causing waves in the market. 

Solana : A remarkable 2,719% recovery

Solana has emerged as one of the most resilient cryptocurrencies, defying bearish trends. On hitting this year’s high days ago, Solana’s price has delivered a staggering 2,719% increase since hitting its lows of $9.7 on December 29, 2022. Today, SOL is trading at $239, up 32% in the last month, with a market cap of $113.94 billion. Below is a 2-year chart showing how Solana prices have been performing.

Solana marks 2,719% increase, Sui surges as new ETH MemeFi token causes stir - 1
Source: CoinMarketCap.

Since the 2022 lows, the massive Solana predictions seemed outrageous. But now, the coin has gained 2474% from these lows. Over the years Solana has seen increased adoption across fueling its meteoric rise. A huge number of projects are building on the platform boosting Solana’s high speed and low transaction fees. This has helped solidify its reputation. 

Sui continues to soar

Sui, a next-generation Layer-1 blockchain, is positioning itself as a blockchain built for global adoption. It utilizes an object-centric data model and the Move programming language which offers scalability and security. The platform’s object-centric data model and use of the Move programming language make it uniquely suited for decentralized applications.

Currently priced at $3.54, Sui has seen an impressive 7.10% increase in the last 24 hours. According to CoinMarketCap, SUI’s market cap of $10.08 billion places it 18th.

The platform’s potential for mainstream adoption has many predicting a significant price breakout in the near term.

Yeti Ouro: The new MemeFi token making waves

Among emerging altcoins, Yeti Ouro is getting the market’s attention as an Ethereum-based MemeFi token with real-world utility. Yeti Ouro is setting a new standard for meme tokens, especially in the decentralized finance sector and Play-to-Earn (P2E) gaming.

Yeti Ouro offers real utility through its P2E game, Yeti Go, which rewards players with YETIO tokens for their performance in competitive racing games. The game is expected to be launched soon and the team was happy to share what has been happening behind the scenes via an exclusive video release. 

Yeti Ouro supply is capped at 1 billion tokens, which guarantees scarcity and long-term value for holders. Investors have the opportunity to join the presale with a 20% black Friday bonus for token purchases between Nov 29th to Dec 2nd. Already the token has raised over half a million having launched recently.

Built on the Ethereum blockchain, Yeti Ouro benefits from robust security and accessibility, ensuring seamless integration with DeFi protocols and dApps.

To learn more about Yeti Ouro community, visit the website, Twitter, Telegram, and Discord.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.