There’s never a dull moment in crypto. In the past two weeks, the US election cycle and the subsequent victory of pro-crypto Republican candidate Donald Trump has taken center stage and pushed Bitcoin 
$76,115 to a new high. Elsewhere, Solana 
$83 continues to gain from its thriving ecosystem, but investors are eyeing an explosive new memecoin Yeti Ouro that merges gaming and crypto.
Dogecoin Rides On Elon Musk’s White House Links
Since Musk declared himself the ‘Dogefather’ years ago, Dogecoin 
$0.106972’s fortunes have been firmly tied to his. Now, with Donald Trump’s victory over Democrat Kamala Harris, Musk is as close to the most powerful office in the world as anyone can be, and Dogecoin holders are hoping that it will translate to price gains.
In particular, Dogecoin holders are betting on Musk’s mysterious pledge to spearhead the US government’s Department of Government Efficiency (DOGE) — Musk invented the department himself during the campaign trail, but it’s no coincidence that it spells out DOGE. He claimed that the department could save the US government over $2 trillion in tax spending, and with Trump’s mantra targeting streamlining the government and cutting off unnecessary expenses, this proposal that was once ridiculed could actually pan out.
Dogecoin is already surging in anticipation of the prominent role it could play under Trump’s administration. It has gained over 80% in the past week alone, the highest among the top 50 coins. Year-to-date, it’s now up 210%.
Solana Capitalises on Memecoin Hype, Trump Presidency
Solana has cemented its position as one of the mainstay cryptocurrencies. With a $102 billion market cap, it’s the fourth-largest cryptocurrency in the market and one of the most traded cryptocurrencies.
This year, Solana’s strength has lied in its thriving ecosystem, and primarily in its memecoin market. The network is home to some of the most successful cat and dog-themed tokens of the recent bull cycle, from Bonk and Book of Meme to Dogwifhat and POPCAT.
Data shows that over 110,000 tokens have been issued this year. Solana has accounted for 96,000 of these, which represents an 88% dominance over rival chains like BNB Chain, Base, Arbitrum and Ethereum 
$2,261.
Donald Trump’s election victory spells even better days ahead for SOL. Analysts at Standard Chartered have previously predicted that if the Republican trumps over Democrat Kamala Harris, Solana could gain 400%.
However, Solana’s overreliance on its meme coin market could prove to be its Achilles heel. Most of Solana’s ecosystem memecoins rely purely on hype and have no utility. With investors in recent years more focused on tokens with long-term viability, these memecoins could be on their last legs and might be headed for a steep decline.
Investors Turn to New P2E Meme Coin Yeti Ouro
Despite the latest market uptrend, most major coins have a limited upside, pushing investors to explore alternatives. Many are turning to Yeti Ouro (YETIO).
Yeti Ouro is a unique new project that combines the fun and easygoing nature of memecoins with the rewards of play-to-earn (P2E) gaming and a cohesive, dedicated community.
The project is built around Yeti Go, an action-packed game that challenges users’ gaming skills and delivers the ultimate competitive racing experience. It’s easy enough that novices won’t feel overwhelmed, yet it has the depth and strategy requirements that will keep its long-term players hooked.
This intriguing gaming world is based on and powered by the YETIO token. Players get to make in-game purchases for unique skins and customisations with the token. They also pay the fees to enter races and earn rewards in YETIO. The game also comes with a marketplace where they can trade items, skins and customisation with the token.
Yeti Ouro is designed for long-term sustainability, with 5% of the one billion capped supply going to a token burn mechanism, while 15% goes to the P2E. 50% of the tokens are available on presale, and already, the project has raised $260,000, selling over 21.7 million tokens.
Conclusion
Savvy investors always identify a token with solid fundamentals that can sustain its rally by offering utility once the initial hype ends, and Yeti Ouro fits right into their portfolios. While Dogecoin and Solana can only offer modest gains, Yeti Ouro could be the next meme coin that dominates the crypto circles for years to come.
Website – Twitter – Discord – Telegram
