Shiba

Ouro

bullish

Toncoin

Shiba Inu

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. 
Shiba Inu aims for top 5 in crypto by 2029, with rising interest in Toncoin and Yeti Ouro signaling market shifts. 
<a href="https://crypto.news/price/shiba-inu/" target="_blank">Shiba Inu (SHIB) </a>has been trending in the crypto space following statements made by the anonymous lead developer Shytoshi Kusama about the future of the coin. Kusama <a href="https://x.com/ShytoshiKusama/status/1862045966838247507?" target="_blank">confirmed </a>that he wants to take SHIB from the 15th position among cryptocurrencies to the top 5 within the next five years. 
Meanwhile, other crypto projects, including <a href="https://crypto.news/price/toncoin/" target="_blank">Toncoin (TON)</a> and <a href="https://yetiouro.io/" target="_blank">Yeti Ouro</a>, are also seeing increasing interest from investors, suggesting a shifting dynamic in the meme coin and DeFi sectors. 
<h3 class="wp-block-heading" id="shiba-inu-s-burning-efforts-and-market-impact">Shiba Inu’s burning efforts and market impact</h3> 
The SHIB token has been under increased token burning by the Shiba Inu community. This in turn has led to a decline in the supply of the token. In the last 24 hours alone, the number of SHIB tokens sent to burning has crossed 1.28 billion with a 2,055% rise in the burn rate. 
The burning activity is in line with a 5% rise in the SHIB price showing that these efforts are bearing fruits in the market. Shiba Inu coin price currently stands at $0.00002626. 
At the same time, the founder of SHIB, Shytoshi Kusama, has shared his plans to bring the cryptocurrency into the top 5 by market capitalization. As of today, SHIB is the 13th most popular cryptocurrency, with an overall market capitalization of $15.27 billion. 
To realize such a goal, the token would have to rise in value by 517% in the market, maybe even overtaking BNB which is currently the fifth-largest coin with a market capitalization of $94.23 billion. 
 You might also like: <a rel="" href="https://crypto.news/avax-to-surge-sol-reaches-3-year-high-as-whales-flock-to-yeti-ouro-for-20-bonus/"> AVAX to surge, SOL reaches 3-year high, as whales flock to Yeti Ouro for 20% bonus </a> 
<h3 class="wp-block-heading" id="toncoin-s-bullish-outlook-as-price-targets-10">Toncoin’s bullish outlook as price targets $10</h3> 
Similarly, the trading volume of Toncoin has also been rising in the market. At the time of writing, the Toncoin price is trading at $6.32 with 72% of TON holders realizing profit. The price action has been forming a bullish pattern, known as an ascending triangle, indicating that the coin could be heading higher. 
If the price is to break the current resistance level it has at the moment, it could go up to $9.00 with other targets suggesting it could rise to $10. 
The impressive performance of Toncoin is a cause of interest among investors who are on the lookout for new and potentially profitable opportunities in the altcoin market. Investors are looking for profit-making opportunities as the coin keeps on gaining steam owing to the fact that it is an integral part of the Ton blockchain network. 
<h3 class="wp-block-heading" id="yeti-ouro-gains-momentum-with-unique-defi-and-gaming-features">Yeti Ouro gains momentum with unique DeFi and gaming features</h3> 
In the course of these developments, a newcomer in the crypto sector in the form of <a href="https://crypto.news/yetio-ouro-poised-to-transform-crypto-predicted-to-rival-shiba-inu-and-dogecoin/" target="_blank">Yeti Ouro (YETIO)</a> has emerged. Launched on the Ethereum network, Yeti Ouro is a blend of meme coin, DeFi, and gaming with the upcoming P2E game, Yeti Go. The game, expected to be released soon, will see the players earning YETIO tokens as they engage in competitive racing to overcome other players. 
Yeti Ouro is still in its presale stage and has managed to collect over $730,000. To ensure the scarcity of its token and to provide long-term value for investors, Yeti Ouro has a total supply of 1 billion tokens. 
This project has attracted the attention of large investors in the cryptocurrency market, and its Black Friday campaign, which includes a 20% discount on token purchases, is anticipated to increase its popularity further. Highlighting ongoing developments, the team has recently shared a behind-the-scenes video showing the efforts underway ahead of the launch of the ecosystem. 
To learn more about Yeti Ouro community, visit the <a href="https://yetiouro.io/" target="_blank">website</a>, <a href="https://x.com/yetiouro" target="_blank">X</a>, <a href="https://t.me/yetiouroofficial" target="_blank">Telegram</a>, and <a href="https://discord.gg/YtUsEZ2ZrV" target="_blank">Discord.</a> 
 Read more: <a rel="" href="https://crypto.news/bitcoin-etfs-surge-xrp-shows-strength-as-yeti-ouro-emerges-as-the-next-viral-altcoin/"> Bitcoin ETFs surge, XRP shows strength as Yeti Ouro emerges as the next viral altcoin </a> 
 Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

Crypto whales buy Toncoin and new altcoin sensation for double-digit returns

Table of Contents

crypto.news

Other articles published on Nov 30, 2024

Is Lightchain Protocol AI the Next Big Thing in Blockchain? Here’s What You Need to Know

Crypto Boom: The Older Generation’s ‘Trump Pump’ Windfall

Boyaa Interactive Converts $50M in Ethereum to Bitcoin as BTC’s $100K Level Nears

Solana Killer Alert: This $0.045 Coin Predicted for 12,000% Growth by Year-End

Act Fast! The Next PEPE Killer Is Here, Set to 70x Before Listing

Missed Out on Bitcoin? These 5 Altcoins Show Potential for Significant Returns on a $1,000 Invest...

Join our free newsletter for daily crypto updates!