This week, the cryptocurrency market saw significant developments involving assets such as Cardano, Shiba Inu, and the newly launched Yeti Ouro.
Can Cardano Reach $15 By January?
Cardano has shown substantial growth, reaching the $1 mark. Currently, Cardano is priced at $1.07, with a market cap of over $37.8 billion. These gains are partly driven by scalability improvements and the growing adoption of smart contracts. For Cardano to hit $15, its market cap would need to rise to approximately $526 billion. Though ambitious, investors believe it's achievable.
Shiba Inu News
Shiba Inu has been gradually regaining position, with a 36% price increase over the past month. Currently, SHIB is trading at $0.000026. According to IntoTheBlock, large portfolio holders have increased their SHIB holdings by 425% over the past 30 days, indicating readiness for a potential rally.
Yeti Ouro (YETIO): The New ERC-20 Star
The new Ethereum token Yeti Ouro (YETIO) is gaining traction due to presale success. Yeti Ouro offers users a unique mix of gameplay and real rewards. The project has already raised $711k in the first presale stage, with token supply capped at 1 billion and supported by a deflationary burn mechanism.
Cryptocurrency market activity continues to grow, making assets like Cardano, Shiba Inu, and Yeti Ouro promising for investors to watch.
