Author
Andy Watson
Please check out latest news, expert comments and industry insights from Coinspeaker's contributors.
Shiba Inu SHIB $0.000030 24h volatility: 1.9% Market cap: $17.66 B Vol. 24h: $3.97 B , Avalanche AVAX $51.25 24h volatility: 0.1% Market cap: $20.98 B Vol. 24h: $2.16 B , and Yeti Ouro (YETIO) have been making headlines with their latest developments. Shiba Inu’s burn rate has skyrocketed, Avalanche is experiencing a notable price surge, and Yeti Ouro is dominating the presale charts lately.
Shiba Inu (SHIB) Daily Burn Rate Spikes by 3,676%
Shiba Inu, one of the most popular meme coins, has recently witnessed an explosive increase in its daily burn rate. According to data from Shibburn, a dedicated platform tracking SHIB token burns, the daily burn volume surged by an astounding 3,676%, reaching a total of 53.31 million tokens in a single day.
The spike in the burn rate has positively impacted SHIB’s price, which has risen by over 8% in the last 24 hours, bringing its current trading price to $0.00000277. Analysts are optimistic about its potential to reclaim higher price levels, especially if the burn rate sustains its upward trend.
Avalanche (AVAX): Price Rises amid Growing Adoption
Over the last 24 hours, Avalanche (AVAX) has climbed by 9.65%, trading at $34.39. This increase is attributed to growing adoption and recent developments on the Avalanche network, which has consistently positioned itself as a scalable, fast, and low-cost alternative to Ethereum.
With a circulating supply of 407,315,697 AVAX coins and a market cap of over $14 billion, Avalanche has solidified its position among the top 15 cryptocurrencies by market capitalization. Its robust ecosystem, which supports a wide array of DeFi projects, NFTs, and decentralized applications (dApps), is driving increased investor confidence and fueling its price appreciation. Analysts predict further upside for AVAX, especially as more projects choose Avalanche for its high transaction throughput.
Yeti Ouro (YETIO) Dominating the P2E Presale Market
Yeti Ouro (YETIO) is already on an explosive trajectory having raised over $250K in the first few weeks. The asset captured the spotlight in the Play-to-Earn (P2E) gaming sector. Yeti Ouro, a utility-driven meme coin, is topping presale charts with its innovative approach that combines the excitement of gaming with real-world token utility. Built on the Ethereum blockchain, Yeti Ouro is attracting a growing community of gamers and investors, thanks to its upcoming P2E game, Yeti Go.
Yeti Go is set to change the P2E market with its fast-paced, action-packed gameplay powered by Unreal Engine. The game allows players to earn Yeti Ouro tokens through competitive racing challenges, offering a unique blend of entertainment and financial rewards.
The token’s capped supply of 1 billion YETIO, along with planned CEX listings, is generating significant presale demand. Investors are flocking to secure YETIO tokens early, anticipating strong returns as the project gains traction.
Join the Yeti Ouro community!
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Editor-in-Chief
Julia Sakovich
