Lowest
Shiba Inu’s price has taken a dramatic tumble, hitting a 13-month low and leaving market investors with a case of the jitters. SHIB is currently trading around $0.00001063. This price drop comes even as Shibarium, its network, just smashed through the impressive 1 billion transaction milestone.
Meanwhile, investors are flocking to the Yeti Ouro ($YETIO) presale, snapping up over 213 million tokens in stage three. This buying frenzy suggests a shift in focus toward projects with real utility, rather than just speculative assets.
Shiba Inu Price Prediction: SHIB’s Downward Trend
Right now, Shiba Inu’s price is sitting at $0.00001063, marking its weakest point since February 2024. The token has taken a significant hit, plummeting as much as 10% in the last 24 hours, mirroring the broader market’s ups and downs. Looking at the technical charts, the picture is decidedly bearish. While there’s been high trading volume daily, it’s largely driven by people selling off their SHIB holdings.
What’s really interesting is that this price slump is happening even as Shibarium, Shiba Inu’s layer-2 network, just hit a huge milestone: 1 billion transactions! Since its launch, Shibarium has crunched through over 10.3 million blocks and is currently handling around 4.4 million transactions every single day, placing it among the fastest-growing layer-2 networks on Ethereum. And get this, even though crypto whales have been buying up massive amounts of SHIB—874 billion tokens!—hoping for a future rebound, the price isn’t bouncing back just yet.
Looking at the numbers, SHIB has been in the red across the board. It’s down -10.25% for the week and a significant -24.84% over the last month. The Relative Strength Index (RSI) is hovering just above 35, suggesting SHIB might be oversold, but there’s still strong downwards momentum pushing the price down. And, looking at moving averages, they continue to point towards further price drops, with the critical support level at $0.000010 constantly under pressure.
YETIO Pre-Exchange Listing Craze
YETIO’s presale is really turning heads and has already captivated top investors! Stage three just wrapped up with a quick sell-out of 213 million tokens. YETIO stands out with its tokenomics designed for real-world utility, a clear vision for the project’s future, and a detailed roadmap, all built on the robust Ethereum platform.
But here’s the real kicker: YETIO has a Play-to-Earn game called Yeti Go, built using cutting-edge Unreal Engine technology. This isn’t just any game; it’s a virtual racing experience fueled by the YETIO token. Players can use YETIO for in-game purchases, earn it as rewards, and even participate in governance. This creates real and lasting demand for the token, something you just don’t see with purely speculative crypto coins.
YETIO’s token distribution prioritizes community involvement and long-term development:
- 50% reserved for presale participants
- 15% allocated towards P2E rewards
- 15% for user incentives
- 5% designated for liquidity
- 5% reserved for token burns
- 5% on marketing activities
- 5% for team and advisors
The team behind Yeti Go is seriously impressive, packed with talent from major gaming hits like Call of Duty, Spider-Man, The Witcher, and Dead Space. Visually, the game packs a cinematic punch, with stunning graphics. But it’s the sound design that truly immerses you. Crafted by audio experts who have worked with Grammy-nominated artists like Major Lazer, Vybz Kartel, and Kabaka Pyramid, the soundtrack injects rhythm, intensity, and emotion into every moment. Scroll down to get a peek at the game’s lead character and the high-octane world of Yeti Go!
And here’s some extra incentive: right now, you can snag a 25% bonus when you invest $500 or more in YETIO tokens, and a 20% bonus on all other purchases! Early investors who jumped in during Stage 1 are already seeing a fantastic 100% ROI thanks to the price climb to $0.024 in Stage 3. But act fast, there’s less than 2 weeks left in the current stage, and an even bigger price increase is locked in for Stage 4!
Comparing Macro Aspects of SHIB and YETIO
SHIB’s recent price action really highlights the risks that come with assets driven by pure hype. Even with Shibarium’s impressive transaction numbers and the incredible enthusiasm of the Shiba Inu community, SHIB is still very vulnerable to changes in overall market feeling and the bigger economic picture.
YETIO, however, is tapping into the booming GameFi market, which is already worth $5.61 billion and growing fast! It’s creating real value because people actually play and interact with the game. Plus, features like staking rewards and token burns encourage people to hold onto YETIO for the long haul, not just trade it speculatively. This sets up a very different kind of value compared to SHIB.
What Does the Future Look Like for SHIB and YETIO?
Looking ahead, analysts predict that SHIB prices will likely test the critical $0.000009 support level before any significant recovery is expected. However, the fact that whales are buying up SHIB during this downturn could signal a possible turnaround down the road. On the other side, YETIO’s successful presale shows that there’s a strong market demand for projects that are focused on development and have a solid plan. As the crypto market finds its footing again, the big question becomes clear: will investors chase quick gains from price swings, or prioritize projects with strong long-term growth potential?
Join the Yeti Ouro Community
Website: https://yetiouro.io/
X (Formerly Twitter): https://x.com/yetiouro
Telegram: https://t.me/yetiouroofficial
Discord: https://discord.gg/YtUsEZ2ZrV
