The post Ripple (XRP) Price Forecast: Can XRP Rebound After Its Decline, Meanwhile, Yeti Ouro Is On An Upward Trendline appeared first on Coinpedia Fintech News
XRP’s price movement has drawn attention as analysts predict a potential surge. However, recent market activity has led to price fluctuations. Meanwhile, Yeti Ouro (YETIO), a blockchain gaming project, has gained traction with strong presale momentum and increasing investor interest.
XRP Price Faces Uncertainty Amid Market Activity
XRP price showed high volatility while analysts indicated it might increase. EGRAG CRYPTO projection indicates XRP will gain $300 billion in market capitalization which would make the price range between $5 to $6 on Coinmarketcap.Â
According to historical data, the initial growth period could drive the market capitalization to $1.1 trillion which could elevate the price to $20.
Source: X
Market experts examined a distant possibility that XRP would achieve $4 trillion in market capitalization which might result in a $70 price per coin. The combination of volatile markets and unpredictable external economic factors makes it difficult to predict when XRP’s growth will commence.
Ripple Unlocks 500 Million XRP from Escrow
Ripple, the San Francisco-based company has recently released half a billion in XRP tokens from escrow, shortly after earlier releasing one billion tokens. These transactions were spotted by Whale Alert, a blockchain transaction tracker.Â
The first one billion XRP release process occurred in four phases where 430 million, 300 million, 200 million, and 70 million XRP were released.
This drop has come against the backdrop of a 13% decline in XRP price, something that has been worrisome among traders. Large token unlocks have the potential to cause selling pressure which in return puts pressure on the price in the short term. Experts are looking forward to seeing what will happen to XRP after that decline in the price.
Yeti Ouro Gains Momentum In The Crypto Market
Yeti Ouro, a blockchain-based gaming project, has gained attention for its real-world utility and strong presale performance. The project is built on the Ethereum blockchain and supports Yeti Go, a Play-to-Earn (P2E) game created using Epic Games’ Unreal Engine 5. The use of the tokens will be integrated into the gaming structure where users can earn as well as spend the tokens.
A picture of Yeti Go game – Level 1
Please note that this image is from a game currently in development. It does not represent the final product.
Recently, the development team of Yeti Go posted screenshots of the Level 1 map and this was met with positive reception from gaming enthusiasts.
The game combines actual gameplay with the elements of the blockchain and serves at the same time both as an entertainment and an investment opportunity. Through its association with well-known gaming brands like Call of Duty, The Witcher, Dead Space and Spiderman, the project has garnered investor confidence.
Yeti Ouro Presale Sees Strong Demand
The presale of Yeti Ouro has seen over 155 million tokens sold. At the moment the project is at the second stage of the presale during which it is selling tokens at $ 0.017. As stage 3 draws closer investors should expect a price increase at least similar to when the project moved from stage 1 to stage 2.
Concurrently, YETIO has a fixed supply of one billion and a 5% burn clause in its contract. This structure is also intended to create scarcity and sustainable value creation. Furthermore, Yeti Ouro has been audited by SolidProof for investors’ security.
With growing demand and a rapidly expanding Play-to-Earn (P2E) market, Yeti Ouro continues to attract attention. Investors are watching its development closely as the project progresses toward its next presale stage with a potential to hit $1 post listing.
Join The Yeti Ouro Community
- Website: https://yetiouro.io/
- X (Formally Twitter): https://x.com/yetiouro
- Telegram: https://t.me/yetiouroofficial
- Discord: https://discord.gg/YtUsEZ2Zr
