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It has been a massive November for crypto as the market has added over $600 billion, with some cryptos hitting new record highs, Analysts have identified Dogwifhat, Solana, and Yeti Ouro as the three best coins to buy in November, with WIF edging toward $3 as Solana eyes $300. Yeti Ouro is predicted to hit $1 by 2025.
Cryptos To Buy This November
With November proving to be the most bullish month of 2024, it is clear that the stage is set for an explosive 2025. Top among the best performers this month are Dogwifhat (WIF) and Solana (SOL). The two coins are outperforming a majority of coins for good reason.
Dogwifhat has recorded a more than 50% gain in the last 7 days after its WIF token was listed on Coinbase. The leading crypto exchange in the U.S. and the only publicly traded exchange, the listing of WIF brings wide exposure to the coin, driving demand for the token. The listing is also viewed as an endorsement of the token which could lead to other listings from other exchanges and other major partnerships.
The listing of the token further demonstrates rising interest from investors in the memecoin sector with other leading projects such as Yeti Ouro primed to benefit from the new wave of interest.
WIF bulls are targeting the $4.21 level which continues to be elusive for the investors. However, sentiments remain high among holders.
Solana (SOL) on the other hand has emerged as one of the leading blockchains, managing to outperform Ethereum on multiple metrics. According to the latest data from CoinGecko Insights, Solana accounted for 38.79% of total global traffic shares, largely driven by an interest in memecoins. For comparison, Ethereum accounted for 10.76% of the global traffic shares. Pump.fun, a Solana-based memecoin launchpad, has heavily contributed to this traffic.
Additionally, Solana continues to enjoy institutional investment with the latest Coinshares digital assets inflow reports showing Solana is among institutional investors’ favorites. Trading above $200, holders are confident of the 4th-ranked cryptocurrency reaching $300 before the end of the month.
Yeti Ouro To Hit $1 By 2025
Unlike the other two, Yeti Ouro is a new project, giving it a higher price rise potential. The project is built on Ethereum and aims to offer the excitement of the meme culture, combined with the allure of play-to-earn gaming.
Yeti Ouro offers a thrilling game, Yeti Go, built on the Unreal Engine for a fully immersive experience. Players compete against each other on a racing track, pushing each other off-track to gain an advantage while avoiding environmental hazards along the way. Winners earn their rewards in YETIO tokens.
YETIO can also be used to pay for customization and unique skins, as an entry fee for the races, for power-ups and weapons, and to purchase items on the in-game marketplace. It can also be staked to unlock exclusive rewards.
YETIO’s supply is capped at one billion tokens, with 50% allocated to the presale. Investors have already purchased over 22 million tokens, representing 22.4% of the target sale. 5% is allocated to the token-burning mechanism to reduce the supply and boost the price.
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