XRP Price Records 13% Increase Amid Market-Wide Recovery; Yeti Ouro Gains Traction in P2E Gaming Sector
LONDON, UNITED KINGDOM, February 6th, 2025, Chainwire
XRP has recorded a strong price surge after a strong dip at the start of the week. XRP price increase follows a market-wide recovery after a period of decline. However, despite the rebound, low trading volume and negative on-chain signals suggest that the rally may not last.
Simultaneously, Yeti Ouro (YETIO) is showing growth within the Play-to-Earn (P2E) gaming sector, drawing attention from both retail and institutional participants due to its tokenomics structure and integration of real-world utility within its ecosystem.
XRP Price Forecast: XRP Gains 13% Amid Market Recovery
XRP price has increased by 13% in the last 24 hours, supported by the recovery of the cryptocurrency market. XRP price rose as it was dragged down by concerns with new tariffs imposed by Donald Trump on Canada, Mexico, and China. The suspension has brought some positive change and confidence to the market, enabling the buying interest to resume.
However, on-chain data has shown that this rally may not be sustainable in terms of the price of XRP. The trading volume has also reduced by 22% in the last day, now at $22.39 billion. An increase in price with a downward-sloping volume indicates a lack of demand, which in turn leads to a pullback.
More so, the Balance of Power (BoP) is at -0.57 as this indicates sell pressure on the XRP. A negative BoP implies that sellers are likely to exercise more control over the price direction, implying a higher propensity for a reversal in the downward direction.
XRP Price Outlook: Assessing the Potential for Sustained Momentum
XRP price is currently at $2.57 on Coinmarketcap, a 45% increase from its recent low of $1.77. If the bullish momentum fades and demand remains weak, the price could decline to $2.13. Failure to hold this support level may push XRP further down to $1.48, a price last seen in November.
However, a surge in demand could change this trend. If buying pressure increases, XRP price may move toward the $2.94 level.
If this upward momentum continues, XRP may retest the $3.00 mark, which previously acted as a key resistance. Some market analyses suggest that sustained demand could support price movements toward $5.85 in future market cycles.
Yeti Ouro Gains Traction In The P2E Gaming Market
Among the new players in the Play-to-Earn (P2E) gaming industry, Yeti Ouro is rapidly growing in popularity. The project combines the concept of gaming with the blockchain platform and has proven utility and value through token utility and the ecosystem. Unlike the other meme coins, Yeti Ouro is associated with a gaming platform from which users can earn $YETIO by playing games.
Yeti Ouro, unlike meme coins, balances meme culture with utility, with a roadmap set to surpass XRP’s legacy YETIO presents a unique opportunity to its investors.
A video of Yeti Go game – Level 1
One of the undeniable advantages of Yeti Ouro is its financial model, which distinguishes it from other tokens. For increased rarity and value over time, the token has a circulating supply of 1 billion tokens with a 5% burn clause in its contract to ensure project completion.
Currently, the presale is ongoing, with more than 158,000,000 tokens sold. When it comes to Stage 2 of the presale of YETIO tokens, one can purchase the tokens at $0.017. Yeti Ouro presale is trending and gaining attention from investors. Stage 2 is almost 60% complete and a significant price increase is expected in Stage 3.
Yeti Ouro’s Growing Presence in the Play-to-Earn (P2E) Gaming Sector
Yeti Ouro (YETIO) is gaining traction within the Play-to-Earn (P2E) gaming space, supported by its integration of gaming mechanics with blockchain-based token utility. The project’s first game, Yeti Go, developed using Unreal Engine 5, operates on a P2E model, allowing participants to stake tokens in racing competitions.
This has been due to the recent audit conducted on the project by SolidProof, which helps to improve investors’ confidence. Moving to the forecasted price of YETIO for the year 2025 much is expected from the P2E gaming industry and the fact that this token has well-structured tokenomics at its back. With regards to the token price, it may rise up to $1 by as early as April of 2025, meaning that there is potential for success for early buyers.
About Yeti Ouro
Yeti Ouro is a blockchain-based project designed to integrate cryptocurrency with the growing Play-to-Earn (P2E) gaming sector. Founded with a focus on leveraging blockchain technology to create new opportunities, Yeti Ouro aims to simplify access to the crypto space while fostering a community-centered ecosystem.
Users Can Join The Yeti Ouro Community
Website: https://yetiouro.io/
X (Formally Twitter): https://x.com/yetiouro
Telegram: https://t.me/yetiouroofficial
Discord: https://discord.gg/YtUsEZ2Zr