Shiba Inu (SHIB) has long held the spotlight among the memecoin, but as its price continues to fluctuate. Investors are looking to diversify their holdings for new opportunities. While Shiba Inu’s price is predicted to cancel one zero to hit $0.00018 by the end of November, a growing number of its investors are turning to an even higher potential coin, Yeti Ouro (YETIO). Yeti Ouro is becoming the go-to choice for SHIB traders looking to maximize their profits this month.
Shiba Inu’s Potential
Shiba Inu has been consolidating around $0.00001874, significantly down from its highest point this year of $0.00001931. While this retreat has placed the second-largest meme coin in a local bear market, the technical indicators suggest that a rebound may be on the horizon. However, the indicators point to shiba inu rebounding to 0.00018. While this is something, it is just a small percentage of what other memecoins such as Yeti Ouro (YETIO) are expected to return on investment.
Moreover, the MACD indicator has remained above the zero line, hinting at potential bullish momentum. Should Shiba Inu break through the key resistance level traders could see further upside, pushing the token towards its November price target of $0.00018.
Why Shiba Inu Traders Are Also Buying Yeti Ouro (YETIO)
As Shiba Inu attempts to regain its upward momentum, many SHIB investors are looking for ways to hedge their bets and maximize their gains in the meme coin space. Unlike Yeti Ouro which shows the potential for a 10x by November, especially with the current bull run, the current challenges may hinder Shiba Inu from producing such returns on investment.
Yeti Ouro is a new player that has quickly captured the attention of traders with its innovative play-to-earn (P2E) gaming integration and solid fundamentals. It’s backed by a strong use case within the gaming world, thanks to its Yeti Go game. Built on Unreal Engine, Yeti Go allows players to use YETIO tokens for in-game purchases and rewards, creating a real demand for the token beyond speculative trading.
YETIO priced at $0.012, offers an attractive entry point for traders looking to diversify their portfolios. Analysts are predicting a major bull run this November. With the coin already hitting a massive record presale in the first few weeks after launch, it is becoming the coin investors don’t want to miss out on.
As Shiba Inu (SHIB) works towards a price rebound, it’s clear that traders are looking for more secure opportunities to diversify their portfolios. Yeti Ouro is quickly becoming the top pick for SHIB holders due to its strong use case, deflationary model, and promising future in the gaming
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The post Shiba Inu Coin Price Set to Reach $0.00018 This November! Why Shiba Inu Traders Are Also Buying Yeti Ouro (YETIO) appeared first on TheCoinrise.com.
