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Trump Claims Credit for Bitcoin Surging Past $100K, Analysts Add Ethereum, and New Viral Altcoin Yeti Ouro Predicted For Same Parabolic Success

Trump Claims Credit for Bitcoin Surging Past $100K, Analysts Add Ethereum, and New Viral Altcoin Yeti Ouro Predicted For Same Parabolic Success


Crypto Daily
2024-12-07 13:35:37

Bitcoin crossed the $100,000 milestone, making history in the crypto world. President-elect Trump wasted no time claiming credit for the surge, celebrating the milestone as proof of his pro-crypto policies. Meanwhile, Ethereum (ETH) is gaining investor confidence as it eyes $6,000. At the same time, a new Ethereum-based token, Yeti Ouro (YETIO), is capturing attention, with analysts predicting it could follow Bitcoin's parabolic trajectory in the coming years. Bitcoin Breaks $100K Barrier, Trump Takes All the Credit After weeks of intentionally building up its price, Bitcoin finally swept past six figures on late Wednesday. Bitcoin price was more than $103,000 on Thursday morning. This historical crossing of the Rubicon was a thunderclap through the market, with traders and analysts still excitedly discussing the long-term implications. And Trump, never one to duck the limelight, congratulated "Bitcoiners" on Truth Social. "CONGRATULATIONS BITCOINERS!!! $100,000!! YOU’RE WELCOME!!! Together, we will Make America Great Again!" he wrote on the site. Analysts say Trump's pro-crypto stance is the main reason for Bitcoin price surge. They believe his cabinet appointments and regulatory relaxation have given institutional investors hope in the long run. The milestone underscores Bitcoin's gradual transformation into an accepted mainstream asset and its function as a store of value. Ethereum Starts Moving While Bitcoin is in the news, Ethereum is quietly building its argument for long-term growth. Currently trading at $3,719, ETH has risen 51% in the last month. With Microsoft founder Bill Gates joining the pressure on Bitcoin, the developers are rather bullish for Ethereum. Most of them say it may hit $6,000 by mid-2025. Ethereum's move to Ethereum 2.0 has cut energy use while increasing staking incentives, winning over more investors. As it is an essential component of the decentralized finance (DeFi) network and also what underpins non-fungible tokens (NFTs), many developers and institutions prefer Ethereum. Its use and acceptance also make it a prime contender for continued growth. Yeti Ouro: The Next Parabolic Success? While Bitcoin and Ethereum dominate the market, Yeti Ouro (YETIO) is emerging as a potential breakout star. Built on the Ethereum blockchain, this new ERC-20 token offers a unique mix of meme appeal and real-world utility. At the heart of the Yeti Ouro ecosystem is Yeti Go, a Play-to-Earn (P2E) racing game. Players use YETIO tokens to compete in races, customize vehicles, and earn rewards. The game’s high-quality graphics and engaging gameplay make it a standout in the P2E market. Yeti Ouro’s deflationary tokenomics set it apart. With a capped supply of 1 billion tokens and a burn mechanism reducing circulation, YETIO creates scarcity that could drive long-term value. The presale has already sold out 80%, raising close to $1 million. Investors are flocking to the project, drawn by its innovative ecosystem and strong growth potential. 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: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.


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