It hasn’t been Ethereum’s bull market. The largest altcoin has failed to match its rally from earlier this year, peaking just above $3,500 in November. However, ETH is still positioned to explode and hit $6,000 next year. On the meme coin domain, Bonk and new utility meme coin Yeti Ouro (YETIO) have emerged as the two hottest projects for investors seeking to end the year on a high.
Ethereum To $6,000 In 2025
The crypto market embarked on its November bull rally immediately following the US elections. Most tokens had set new highs within a week of the elections, while others, like Bitcoin and Solana, waited two weeks before setting new records.
Then there’s Ethereum. The world’s second-largest crypto has dragged its feet in the November bull market and only hit its highest price this month on Monday, November 25th, at $3,500. This was its highest price since July. Even after this rally, ETH was still 28% below its all-time high of $4,878, which it achieved in the 2021 bull market.
While its price may not be competing with its rivals, Ethereum remains one of the most important projects in the space. It holds $64.2 billion in total value locked in its ecosystem, eight times higher than second-placed Solana. At $52 billion, it’s also the third-most traded crypto after USDT and Bitcoin.
More significantly, it’s home to some of the most used dApps in the ecosystem, making it the lifeblood of the entire ecosystem. Even the Trump family’s DeF platform is built on Ethereum, and as the billionaire takes over as US president, the platform will lure more users, translating into more activity on Ethereum and catapulting Ether to new heights.
Analysts Say Bonk And Yeti Ouro Will Explode
Beyond Ether, traders are exploring memecoins for higher gains, and Bonk and Yeti Ouro are among the most popular.
Bonk has gained just over 100% this month as it rides the namecoin-led bull rally, solidifying its position as the largest meme coin on Solana with a market cap of $3.14 billion. The meme coin hit a new all-time high of $ 0.0000579 a week ago, but could not maintain the momentum and is trading over 25% below the ATH. However, it has continued trading above key support levels, setting it up for a big finish toward the end of the year.
Yeti Ouro is also attracting massive buzz in its presale, where investors have scooped up 44.7 million tokens, raising $536,000 for the project. Priced at $0.012 in the first stage of the presale, the tokens are massively discounted as they are projected to surge past the $1 in the first half of 2025.
Yeti Ouro is built around Yeti Go, a play-to-earn game where players compete against each other in a thrilling race track, with the winner awarded in YETIO tokens. Players can purchase weapons and other customizations in YETIO to gain an edge over their rivals. YETIO holders can also stake their tokens to unlock exclusive rewards.
Written by seasoned experts, who have over 16 years of experience in Free Zones development. Learn more.
Built on Ethereum, Yeti Ouro focuses on utility and creating a robust community. This focus is clearly portrayed in a recent video that showcases the behind-the-scenes activities, including the team members and their hard work and passion for creating the next big Web3 game.
Join the Yeti Ouro Community
Website: https://yetiouro.io/
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