Dogecoin Price Vs Shiba Inu Coin Price: Top Traders Picking Yeti Ouro Over Both!

Should investors place their money on Dogecoin (DOGE) or Shiba Inu (SHIB)? This has been the debate since Shiba Inu broke from the shadows of its predecessor and became a worthy competitor. However, the upside for these two market leaders is limited and savvy investors are exploring the next 100X memecoin, with Yeti Ouro the biggest contender.

Dogecoin Vs Shiba Inu: The Battle Of Memecoins

Dogecoin has maintained its position as the world’s biggest meme coin for years. With a $48 billion market cap, DOGE is in the top ten cryptos, ahead of Cardano, XRP and USDC. 

In the past week, DOGE has more than doubled its price to trade just above $0.32. It has been boosted by the hype around the election victory of Donald Trump. While the entire crypto market is likely to be boosted by Trump’s administration, DOGE has a special place as its key frontman, Elon Musk, is one of Trump’s closest allies and will likely be very involved in crypto initiatives under the next government.

Adding to its appeal, Musk pledged to spearhead the Department of Government Efficiency, whose acronym spells out DOGE. 

Shiba Inu, on the other hand, has recorded lower gains than its rival, but it’s still up 54% in the past month for a $16.3 billion market cap, allowing it to leap into the top ten above TRON and Avalanche. Year-to-date SHIB is up 170%. Despite this year’s massive gains, Shiba Inu is still nearly 70% below its all-time high of $0.0000875.

An analysis of Shiba Inu’s on-chain metrics shows that in the past week, the memecoin has racked up higher user numbers as traders capitalized on the price gains. Unique addresses are up by over 350%, while new addresses have surged by over 450%.

Despite the positive metrics, SHIB continues to be limited by its 589 trillion circulating supply, which caps the amount of gains that the meme coin can hit. SHIB owners’ dream of hitting the $1 mark will likely always remain a pipedream as this would translate into a $589 trillion market cap, which would be five times higher than the global GDP.

Investors Turn To The New Utility Meme Coin Yeti Ouro 

While Shiba Inu loses appeal and Dogecoin continues to depend on hollow promises of future integrations, investors are turning to Yeti Ouro, a new meme coin that combines play-to-earn gaming with the fun of an easy-to-use memecoin.

Yeti Ouro is built on Ethereum, which makes it secure and decentralized and gives it access to the crypto industry’s largest ecosystem. Unlike meme coins like Dogecoin, which rely on hype, Yeti Ouro is built with utility in mind and is centered around Yeti Go, a new, exciting racing game.

Yeti Go combines play-to-earn gaming with cutting-edge graphics and explosive gameplay to offer its users an adrenaline-filled racing track where they compete with other players while simultaneously ducking obstacles and hazards. With Yeti Go, a player’s reflexes, strategy, gaming acumen and ability to multitask will be fully tested. However, unlike most games where only the developers make money, Yeti Go rewards users with the native YETIO token.

Adding on to YETIO’s utility, players on Yeti Go pay to join races and make in-game purchases with the token. Players can also trade their purchases on an in-game marketplace, with the payments made in YETIO.

Investors are already placing their money on Yeti Ouro as the next meme coin gem in the ongoing presale, which has sold 21.7 million of the 500 million tokens allocated to the community. With a total supply of a billion tokens, Yeti Ouro is unique from most memecoins, whose supply runs to hundreds of trillions, effectively diluting the value of the individual tokens.

Conclusion

Investors can place their money on Dogecoin or Shiba Inu, which are the two largest memecoins. However, these two can only offer modest gains as they have hit mainstream circles. Additionally, Dogecoin has a 146 billion supply cap, while Shiba Inu has a staggering 589 trillion tokens. This makes it unlikely that they surge to the elusive $1 price target.

Investors seeking massive returns are investing in new coins with a massive upside, such as the new utility meme coin Yeti Ouro. With YETIO, a memecoin whose utility is built into the project, investors can make massive returns in the long term.

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