Avalanche Surge Expected, Solana Reaches 3-Year High, And Whales Flock To Yeti Ouro For 20% Bonus

As Avalanche (AVAX) prepares for a significant token release, Solana (SOL) celebrates a monumental surge, and Yeti Ouro (YETIO) emerges as the latest hot utility memecoin drawing whales with the ongoing exclusive 20% bonus presale event. 

Avalanche Prepares For Token Release

Avalanche (AVAX) is set to release 1.67 million tokens into circulation, marking a calculated move by the Avalanche Foundation to sustain development and reduce market disruptions. With a current circulating supply of 407.35 million AVAX, it’s not definite how the market will react to this release but will definitely provide greater liquidity and engagement within its ecosystem.

As of today, Avalanche’s price stands at $34.93. Despite the upcoming token release, AVAX has managed to maintain stability, up 0.16% in the last 24 hours. The token’s strategic burn mechanisms and ecosystem advancements have kept it among the good-performing assets in the market.

Solana Hits A 3-Year High

Solana (SOL) continues its surge, reaching $244.35, marking a three-year high. This is just 6% away from the all-time high back in 2021. Over the past month, SOL has surged by 52%.

The token’s upward trajectory showcases its dominance in the market, with a market cap exceeding $115 billion. While many analysts speculate whether Solana will continue its climb, the momentum is undeniable. 

Yeti Ouro 20% Bonus

Aside from Solana and Avalanche, Yeti Ouro (YETIO), another token, is having quite a moment. The project combines the best of meme culture with tangible utility. Built on the Ethereum blockchain, it powers an exciting Play-to-Earn (P2E) ecosystem centered around the upcoming Unreal Engine-powered racing game, Yeti Go.

Early adopters of YETIO can take advantage of an ongoing limited-time offer of 20% bonus on presale, currently running till November 25. This exclusive offer has already attracted crypto whales, who recognize the potential for exponential gains.

Yeti Ouro’s supply is capped at 1 billion tokens, introducing scarcity and long-term value. This capped supply is further complemented by a 5% token burn mechanism, ensuring gradual deflation and upward price pressure. 15% is allocated to P2E rewards, and 15% to community incentives. 

Yeti Go

Yeti Go, the P2E game of the Yeti Ouro on the ecosystem, promises a high-octane gaming experience. Powered by Unreal Engine, this PvP racing game is set in a dynamic environment filled with environmental hazards, power-ups, and weaponized gadgets. Players earn YETIO tokens by winning races, completing challenges, and participating in tournaments.

The game isn’t just for fun, it’s a strategic battleground where players can stake tokens, trade in-game items on the marketplace, and unlock premium features. This dual utility of YETIO as both a meme coin and a gaming currency positions it as a serious contender in the crypto market.

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