The race to $1: Dogecoin vs. Shiba Inu vs. Yeti Ouro

Meme coins race to $1: Dogecoin and Shiba Inu lead, while Yeti Ouro eyes the prize with utility-driven growth.

The race to $1 for some of the major coins has been intense lately in the current volatile market. Some of the coins have already hit the target after a long time of trying but now new altcoins are racing to the target. Among them, Dogecoin (DOGE) and Shiba Inu (SHIB) have built massive followings, while newer altcoins like Yeti Ouro (YETIO) are aiming to join the race of meme coins to reach the $1 price. 

Dogecoin

Dogecoin launched as a lighthearted parody of Bitcoin but has defied expectations to become a significant player in cryptocurrency. Currently priced at $0.423, Dogecoin price has experienced an 8.34% drop in the past 24 hours. With a market cap of $62.35 billion and a 24-hour trading volume of $8.23 billion, it remains one of the most liquid and widely held cryptocurrencies.

A dedicated community and endorsements from figures like Elon Musk fuel its popularity. Despite market fluctuations, Dogecoin has seen a 101% increase in the past month, showing resilience. If the current monthly trend continues the coin may soon hit the $1 mark. 

Shiba Inu: The “Dogecoin killer”

Shiba Inu rose to fame riding the wave of Dogecoin’s popularity, branding itself as the “Dogecoin killer.” With a price of $0.000029, SHIB has gained 48% in the past month but dropped 9.37% in the last 24 hours. Shiba Inu price has been aiming to cancel zeros with every major bull run. 

Shiba Inu market cap of $17.03 billion and a 24-hour trading volume of $1.76 billion. With a strong following, SHIB remains highly visible in the market. With regular token burns, SHIB reduces its supply, creating upward price pressure. At the current price of $0.000029, it may be a long way for this coin to hit the $1 mark especially compared with the other 2 competitors; Dogecoin and Yeti Ouro. 

Yeti Ouro

Yeti Ouro aims to transform the P2P gaming space with the soon-to-launch YetI Go racing game. As a newer entrant, its success hinges on community support and utility, which are abundant. 

Yeti Ouro is already making waves as a utility-driven meme coin with real-world applications.

Unlike DOGE and SHIB, YETIO’s supply is limited to 1 billion tokens, making $1 a realistic achievement for Yeti Ouro. At the moment the coin is selling at $0.012 and is looking to complete stage one of presale having completed about 84% of stage 1.

Yeti Ouro’s growth is utility-driven, as the tokens are used for in-game purchases, race entry fees, and staking, ensuring ongoing demand. Having already surpassed the $1 million mark in presale, the coin is already proving to be fueled for major growth.

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