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Yeti Ouro is a new meme coin project with a P2E utility reportedly focusing on providing an action-packed ecosystem to players. Currently in presale, the project has raised over $2.1 million so far.
With the market still volatile and the crypto ecosystem still uncertain about blockchain gaming, can Yeti Ouro become a leading cryptocurrency? While the official whitepaper asserts that the gaming perks could push the Yeti Ouro price to new highs upon listing, it is important to take a critical look at this project.
What is Yeti Ouro?
According to the official website, Yeti Ouro is a project born out of the developer’s passion for blockchain and conviction towards “powering the community.” It portrays an image of developers who were fascinated by blockchain technology and how they could change the entertainment paradigm.
The solution these developers have reportedly come up with is YetiGo. YetiGo is a racing game that is currently in development. With Unreal Engine 5 being used as the technology behind the game, YetiGo promises to be an action-packed gaming venture, complete with multiplayer elements along with single-player attributes.
While a development teaser has been released for this project, not much is available about the gaming perks other than a few social media posts.
However, Yeti Ouro itself, the main mascot of the project, is quirky. It features interesting animal themes that could be used by the token to achieve short-term growth.
A Look into Yeti Ouro Tokenomics and Roadmap
There are 1 billion $YETIO tokens in total. These have reportedly been divided as follows to incentivize community participation, achieve sustainable growth, and gain long-term value. Here is the complete distribution protocol of these tokens:
- 50% is allocated to presale
- 15% is for rewards
- 15% is for the development of P2E project
- 5% is for team and advisors
- 5% is for marketing
- 5% is for liquidity
- 5% is for burn
The roadmap of the project is very simple, focusing on the presale’s launch in the initial phases and the game’s testing, development, and expansion in the later ones. This shows that while the project is trying to gain virality in the short term, it has long-term goals as well.
Is Yeti Ouro a Good Investment?
Yeti Ouro has been described by the official website as an empowerment network. However, not much is said about the network, other than the P2E game. The gaming aspect of the project, although interesting, also presents its own set of challenges. For instance, its usage of Unreal Engine 5, which has become a staple in many modern games, including the likes of Black Myth Wukong, Tekken 8, and more, hasn’t made much progress in blockchain gaming.
Therefore, significant development has to be made by Yeti Ouro to prove itself as a viable long-term token. As far as short-term value is concerned, the yeti-themed mascot can potentially boost the crypto, provided the social media posts continue to interest investors.
Yeti Ouro Price Prediction
Short Term Price Prediction
Yeti Ouro will likely generate buzz through its animal themes in the short term. The cute white yeti holding modern equipment creates a quirky image, which could be considered a recipe for degens to create more memes. More memes could mean more engagement, and that could translate to a boost for the $YETIO price. If the presale concludes while the bull market is still prevalent, the Yeti Ouro price could grow by almost 2x, if the market allows.
Long Term Price Prediction
In the long term, the Yeti Ouro price will perform depending on how the game that it is trying to create is perceived by the broader blockchain community, and whether the game becomes live. The latter part is important because there have been more than a few blockchain projects in the past that promised to create games with “groundbreaking visuals,” and were not able to deliver.
Given the track record of such games, it is unclear how Yeti Ouro price might perform in the long term.
Meme Index – Presale Crypto with Major Upsides
Meme Index is another meme coin that focuses on utility. However, unlike Yeti Ouro, which is tackling the P2E niche, Meme Index focuses on use cases that investors right now need – diversifying meme coin investments.
With Meme Index, users are getting the world’s first decentralized meme coin index. These indices don’t rely on traditional indicators for rebalancing, but instead focus on community feedback that takes sentiment indicators into account.
Furthermore, Meme Index understands the diversified nature of meme coins on the market, and how different subsets of meme coins act differently from the rest. Therefore, it offers users not one, but four different meme coin indices.
These indices are differentiated based on the volatility of the assets they contain. The meme coin index containing the least volatile meme coins is the Meme Titan Index, containing tokens like Dogecoin and Shiba Inu. Then comes the Moonshot Index, which contains meme coins not in the top 10 on the market. Next is the Midcap Index, which contains highly volatile assets with market caps ranging between $50 million to $250 million.
And finally, there is the Meme Frenzy Index, which Meme Index has designed specifically for degens with high risk tolerance.
Popular publications like Cointelegraph have covered it recently, calling its setup “helpful for meme coin investors who are tired of the volatility associated with individual coins.”
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