Shiba Inu Price Reaches Its Lowest Level In 13 Months; Meanwhile, Investors Buy 213M YETIO Tokens In Presale

Source Cryptopolitan

A dramatic fall in Shiba Inu  price to an all-time low of 13 months has left market investors worried as SHIB is trading at about $0.00001063. This is in spite of the Shibarium network crossing an impressive 1 billion transaction mark. 

Investors are rushing into acquiring over 213 million tokens in the stage three presale of Yeti Ouro ($YETIO), demonstrating changed priorities towards functional systems as opposed to speculative assets.

Shiba Inu Price Prediction: SHIB’s Dwindling Trajectory

Shiba Inu price is currently at $0.00001063, its lowest point since February 2024. It is down considerably, having lost as much as 10% over the last 24 hours, in line with market volatility across the board. Technical analysis is heavily biased towards the bear market, with high volumes of trading on the daily, but overwhelmingly due to selling volumes.

Significantly, the price drop for SHIB happens even as Shibarium—its L2 network—achieves an important statistic of 1 billion transactions. It has processed in excess of 10.3 million blocks since it launched and sees about 4.4 million daily transactions, making it one of the fastest-growing Ethereum layer-2 networks. Even as whales have collectively acquired 874 billion SHIB tokens in recent declines, seeking possibly long-term hope, the immediate recovery of the price is not happening.

SHIB has registered declines in different periods, with weekly drops of -10.25% as well as monthly declines of -24.84%. RSI is sitting just above 35, placing the token at oversold but with strong bear momentum as well. Moving averages are still affirming the downside pressure, with major support at $0.000010 being tested on an ongoing basis.

YETIO Pre-Exchange Listing Craze

YETIO’s presale has impressed top investors, selling out at its stage three offering for 213 million tokens. It has utility-focused tokenomics as well as a clear vision underpinned by a sophisticated roadmap on top of Ethereum’s platform.

What differentiates YETIO is its Play-to-Earn game, Yeti Go, based on Unreal Engine technology. Its virtual racing experience is made possible with in-game YETIO utility for purchases, player rewards, and governance, creating sustainable demand mechanisms for assets that don’t exist in purely speculative ones.

YETIO’s token distribution prioritizes community involvement and long-term development:

  • 50% reserved for presale participants
  • 15% allocated towards P2E rewards
  • 15% for user incentives
  • 5% designated for liquidity
  • 5% reserved for token burns
  • 5% on marketing activities
  • 5% for team and advisors

The team that worked on the game consists of maestros who have previously worked for acclaimed gaming franchises such as Call of Duty, Spider-Man, The Witcher, and Dead Space. The visuals deliver a cinematic punch, but it’s the sound that truly roots the experience. Designed by audio experts who’ve worked with Grammy-nominated artists like Major Lazer, Vybz Kartel, and Kabaka Pyramid, the soundtrack injects each moment with rhythm, intensity, and emotion. Scroll down to meet the game’s lead character and see its world fueled by velocity, attitude, and unshakable style.

Right now, a 25% bonus is live for investors buying $500+ YETIO tokens and a 20% bonus on all other purchases. Early bird investors that purchased token in Stage 1 are seeing a 100% ROI with the price increase to $0.024 in Stage 3. Less than 2 weeks remain of the current stage and a steeper price increase has been confirmed for Stage 4. 

Comparing Macro Aspects Of SHIB And YETIO

SHIB’s current performance illustrates the vulnerabilities inherent to speculation-driven assets. Despite Shibarium’s impressive transaction volume and passionate community support, SHIB remains susceptible to market-wide sentiment shifts and macroeconomic factors.

YETIO, on the other hand, accesses the $5.61 billion and growing GameFi market by generating inherent value through gameplay interaction. Staking rewards and token burns encourage long-term holding over speculative trading, establishing decidedly different value propositions.

What Does the Future Look Like for SHIB and YETIO?

Analysts indicate that SHIB prices are likely to probe the key $0.000009 support level before any substantial recovery is on the cards. Whale buying in this period of heightened fear, however, may indicate the possibility of an eventual trend reversal. YETIO’s presale success is proof of the market appetite for developmental-focused projects with clear roadmaps. As markets consolidate, the key question is increasingly evident: short-term price volatility or long-term ecosystem growth.

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  

Disclaimer: For information purposes only. Past performance is not indicative of future results.
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