The YETI price is now at $0.005. The users of its blockchain game “Yeti Legends” increased from 12,000 in January 2024 to 100,000 in August, with an increase rate of 733%. The token burning mechanism burns 250 million tokens per month (7% circulation). If the pace continues, The xrp tron yeti ouro price prediction model predicts that the circulation during the end of the year will decrease by 21%, driving the price to $0.018 (with the potential increase of 260%). Be careful with competition in the GameFi direction, however – When Axie Infinity’s daily active users reached an all-time high of 2.7 million during 2021, its token AXS rose to $164. But then it dropped 92% due to a discrepancy in the economic model, which translates to YETI having to balance token release (the current annual inflation rate of 25%) and player growth (the target of 200,000 daily active users by year’s end). Otherwise, one would be repeating the same things over and over.
OURO is at $0.12. As a result of the CBDC bridging pilot program with the central banks of Brazil and Argentina, the amount processed by its payment network has increased from an average 500,000 transactions per day in Q4 2023 to 2 million transactions in Q2 2024, with an efficiency of 5,000 TPS (Visa’s is 2,400 TPS). xrp tron yeti ouro price prediction analysis says that if three new Latin American countries become partners of OURO before Q4 2024 (chance: 55%), then the price may go up to $0.3 (with appreciation of 150%). The risk of liquidity is, however, enormous: on-chain data suggests the top 5 addresses hold 90% of the tokens. In May 2024, a giant investor sold 5% of shares, and the price decreased by 40% in a single day. As opposed to that, since Ripple institutions diversified holdings (the top 10 addresses contain 28%), the standard deviation of the price movement of XRP (30%) is only half of OURO.
Technical indicators show that YETI’s 30-day RSI stands at 68, close to its overbought figure of 70, and short-term correction probability is 60%. However, if the staking ratio is high (3.5 billion staked out of 5 billion outstanding currently), selling pressure can be minimized by 50%. OURO’s MACD shows a golden cross signal. Statistical history indicates that the average gain in 30 days after such a signal is 45%, but it has to be accompanied by volume – its volume is down 40% in the last week. If it cannot hold an average daily gain of over 5 million US dollars (presently 3 million), then the momentum higher might be limited.
From an ecological development perspective, YETI will launch an NFT market in Q3 2024. After the performance of Enjin (ENJ), whose descendant coins grew by an average of 120% per month after it added similar features in 2021, if YETI replicates the same, its price will shoot up temporarily to $0.025. OURO, on the other hand, is founded on the deepening of central bank cooperation. For example, in 2023, the pilot program of the Central Bank of Brazil resulted in a 300% increase in its trading volume. If the Central Bank of Mexico joins (market speculation holds the chance at 40%), xrp tron yeti ouro price prediction hypothesizes its market capitalization could increase from the present 180 million US dollars to 540 million US dollars (which corresponds to a unit price of 0.36 US dollars).
Risk-wise, YETI is susceptible to a bug in a smart contract – StepN (GMT) lost 130 million US dollars due to a contract attack in 2022 and watched the token decline 80% of its value monthly. OURO is, however, subject to political occurrences. For instance, a 50% depreciation of the Argentine peso in 2024 would curb its payment demand. If the investors have an investment of YETI (60%) +OURO (40%), in the neutral scenario of xrp tron yeti ouro price forecast, forecasted rate of return in 2024 is approximately 180%-250%, but a stop-loss line (YETI 0.003 US dollars) should be applied. OURO ($0.08) to bear the risk of more than 50% drawdown due to black swan.