As Bitcoin Reaches $100,000 Investors Who Missed BTC At $10K Add Cardano And New Altcoin For Similar Profits

The post As Bitcoin Reaches $100,000 Investors Who Missed BTC At $10K Add Cardano And New Altcoin For Similar Profits appeared first on Coinpedia Fintech News

Bitcoin has almost reached the $100,000 milestone, marking an all-time high and drawing renewed attention from cryptocurrency investors. Those who missed Bitcoin’s earlier price points are now focusing on Cardano (ADA) and emerging altcoins like Yeti Ouro (YETIO) in pursuit of similar profit opportunities.

Cardano Faces Short-Term Volatility Amid Bullish Long-Term Prospects

Cardano has been on the rise in the recent past and this has given investors a lot of hope.

On the monthly chart, ADA is still presenting a bullish signal. The cryptocurrency is now close to the major $0.85 level, a breakout of which may lead to further price appreciation. If ADA can overcome this level of resistance, analysts think it will open the door to a new wave that could push the price above $1.00 again.

Bitcoin Milestone Fuels Broader Altcoin Market Optimism

With Bitcoin surging to $100k, dominance over the crypto market has opened up altcoin gains. As for top altcoins, Cardano, XRP, Stellar (XLM), Hedera (HBAR), and Algorand, analysts remain bullish if Bitcoin holds $95,000.

According to top analysts, Bitcoin is on track to hit its target of $200,000 in 2025 as Trump’s pro-crypto administration takes office.

Q4 witnessed a 50% rise in the value of Bitcoin which is consistent with the past trends. This trend further bolsters the long-term bullish outlook.

Emerging Altcoin Yeti Ouro Gains Traction

From the newly launched tokens, Yeti Ouro stands out as a token with both practical uses and entertainment value. Yeti Ouro, which is built on the Ethereum blockchain, aims to bring meme coin vibes to the world of Play-to-Earn games. Its debut title is Yeti Go which is still in the development stage and gives players a chance to enjoy racing with the help of Unreal Engine 5. The game promises to both novice and professional players hooked with its fully immersive experience. As the backbone of the ecosystem, the development team is working hard to ensure it engages, entertains, and tests the limits of players.

The first stage of the presale of the project was successfully completed, and the project raised more than $533,000. The team has revealed that the project is now proceeding to the second stage of the presale. Yeti Ouro has a total maximum supply of 1 billion tokens, which serves to limit the available volume and adds long-term value.

The Yeti Go game is designed to transform the P2E gaming model by providing competitive and eliminative races where players can gain rewards. This real-world use case helps to distinguish Yeti Ouro from other meme coins and thus makes it more attractive in a highly competitive market. The team has released an exclusive video showing the team developing the game.