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The momentum of Bitcoin has never been stronger. Record $637 Million Net Inflow Into Bitcoin Spot ETFs Avalanche meanwhile launched its biggest upgrade yet, greatly streamlining the cost of building on its blockchain. While this is going on, a newcomer, Yeti Ouro (YETIO), is attracting huge investor interest and raking in millions in its presale.
Bitcoin Spot ETF Inflows Rise Sharply
Institutional investors are driving the bitcoin rally $637 Million net inflows for Bitcoin Spot ETFs in a day. It was the 13th straight day of inflows. Trust in Bitcoin reaches historical highs; the price sets records approaching $108,000.
1-month Bitcoin price chart- source: CoinMarketCap
Heavyweights in the world of finance, such as BlackRock and Fidelity, are at the helm of this activity. BlackRock bought $418 million in Bitcoin activity in a single day. Now, these institutions have secured Bitcoin as a sound investment long-term asset.
Bitcoin could rally further in 2024. As ETF inflows continue to flow at pace, analysts believe BTC price may hit $120,000 by mid-2025. Clearly, institutional adoption is lifting the crypto market.
The Revolutionary Upgrade That Avalanche Kicks Off
Avalanche also made headlines as it deployed its Avalanche 9000 upgrade. These releases greatly minimize the burden of blockchain deployment by 99.9% of the cost. Developers can now develop and run Layer 1 blockchains without requiring validation on the base chain.
1-month Avalanche price chart- source: CoinMarketCap
The upgrade gets rid of costly prerequisites, such as large staking fees and expensive hardware. Until now, costing validators over $100,000, at a price of 2,000 AVAX tokens. Avalanche’s upgrade dismantles these barriers so that more developers can get projects off the ground quickly and at little cost.
Avalanche has always been a high-performance network. And now it has Avalanche 9000, sure to bring a flood of devs and investors. Analysts are predicting that this will establish Avalanche as a leading blockchain in 2024.
Yeti Ouro Is A Favorite Among Crypto Traders
Amidst the noise created by Bitcoin and Avalanche, a new viral presale is commanding the attention of investors. A practical utility-based altcoin, Yeti Ouro has taken the first steps to phenomenal success. Having closed out Stage 1 of its presale ahead of schedule, Yeti Ouro has now opened Stage 2 with $1.25 million already raised.
Yeti Ouro has launched a meme contest with a prize pool of $2000 for 1st place , $1000 for second place and $500 for third place. To participate, create engaging Yeti-themed memes, and share on X. Make sure to tag @yetiouro and use hashtag #YetiMeme. To learn more head over to the official Yeti Ouro X channel.
What Is Unique About Yeti Ouro?
Web2 & Web3 Ecosystem: Yeti Ouro is utility-driven and ecosystem-focused unlike meme coins, which need an infrastructure like Yeti to be used.
Play-to-Earn Model: While offering exhilarating racing and dynamic environments, Yeti Go, its Unreal Engine-powered P2E game, incorporates a robust token burn mechanism to help reduce token supply and maintain demand.
Staking Rewards: Holders of token Yeti Ouro can stake their token and earn passive income, incentivizing everything with the growth of the project.
People can buy these tokens before they are publicly available at an exciting price of $0.017, along with bonuses for early investors. Analyst suggests that Yeti Ouro’s gamified ecosystem and unique proposition will lead the altcoin underperformance in 2024.
As projects like Shiba Inu and Bonk hit explosive momentum, investors are searching for the next big one. With its successful presale and unique features, Yeti Ouro is a leading candidate for large increases in Cardano.
Investors Are Opting For Yeti Ouro
Low Entry Price: Many early-stage crucial tokens offer the best returns. The presale price of Yeti Ouro presents an accessible and affordable entry for investors.
Strong Ecosystem: Its integration “with gaming and staking” gives it long-term value and sustainability.
Community Growth: Yeti Ouro has a rapidly growing community, backed by its successful presale and interactive ecosystem.
Final Thoughts
Positive Momentum in Crypto Market Bitcoin record ETF inflows, Avalanche its cost-saving upgrade, and Yeti Ouro viral presale are obvious signs of a market rally.
With Bitcoin sitting close to $108,000 and Avalanche pushing the barrier on innovation, the time is now for Yeti Ouro. It is already proving itself to be the most exciting altcoin in 2024, with a $1.2 million presale milestone and a unique offering.
Yeti Ouro could bring game-changing returns to investors looking for the next big opportunity.
Join the Yeti Ouro Community
Website: https://yetiouro.io/
X (Formerly Twitter): https://x.com/yetiouro
Telegram: https://t.me/yetiouroofficial
Discord: https://discord.gg/YtUsEZ2ZrV
*This article was paid for. Cryptonomist did not write the article or test the platform.