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Andy Watson
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Solana SOL $225.3 24h volatility: 0.2% Market cap: $107.09 B Vol. 24h: $8.36 B has been remarkable with explosive growth in decentralized exchange (DEX) volumes and a steady upward trend in its price crypto analysts are speculating that Solana could reach $300 before 2025.
While some analysts speculate, they’re also highlighting two other altcoins, Dogecoin DOGE $0.42 24h volatility: 2.2% Market cap: $61.56 B Vol. 24h: $10.41 B and Yeti Ouro (YETIO), as having the potential to follow in Solana’s footsteps.
Solana’s Targets $300 as DEX Volume Explodes
November has been a record-breaking month for Solana, with DEX volumes surpassing $100 billion. Daily trading volume hit an all-time high of $7.14 billion on November 18, and the week ending November 17 saw $41.6 billion in activity.
This remarkable surge reflects the network’s growing popularity among traders, analysts speculate this could just be the catalyst for Solana to hit $300 before 2025. Despite a minor pullback of 8.22% in the last 24 hours, Solana remains up 30% in the past month. At press time SOL price stands at $234.55.
With such a strong foundation, analysts believe Solana is on track to hit $300 by early 2025, as long as the broader market remains bullish.
Dogecoin (DOGE)
Dogecoin’s recent performance has also caught the attention of investors, surging to a year-to-date high of $0.48 on November 23. The rally has been fueled by the renewed focus on increasing Dogecoin’s utility as a global currency.
In a tweet Dogecoin Foundation (@DogecoinFdn) highlighted ongoing efforts to scale and improve DOGE, funded by a significant “donation from @VitalikButerin and more recently another major Dogecoin fan who has wished to remain anonymous”.
These developments hint at Dogecoin evolving beyond its meme origins to become a serious player in everyday payments, further bolstering investor confidence.
Yeti Ouro (YETIO)
Yeti Ouro is emerging as a strong contender for the next big success story. Built on the Ethereum blockchain, YETIO combines the viral appeal of meme coins with real-world utility, particularly in the gaming space.
Analysts Are Bullish on Yeti Ouro for a number of reasons.
- Play-to-earn ecosystem. Yeti Ouro powers Yeti Go, an Unreal Engine-based racing game that allows players to earn YETIO tokens while competing in fast-paced, player-versus-player races (the development of which can be seen in a video released by the team).
- Deflationary tokenomics. With a capped supply of 1 billion tokens and a token burn mechanism, YETIO is designed to appreciate as demand grows.
- Strong community and utility. Yeti Ouro’s vibrant community and integration into gaming ensure long-term engagement, distinguishing it from purely speculative meme coins.
While Solana and Dogecoin are established names, analysts are excited about Yeti Ouro, a new DeFi altcoin seeing rapid adoption since its recent launch. At the moment the project has raised over $535K with the current price at $0.012.
A 5% of the token allocated to burn will ensure a diminishing supply, which could drive long-term price appreciation.
Join the Yeti Ouro community on X (Twitter), Telegram, and Discord.
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.
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