Pi continues to fall below 10% as YETIO presale gains momentum with $3.2m raised

As the value of Pi Network continues to decline, disillusioned investors are turning their attention to Yeti Ouro, a burgeoning meme cryptocurrency that is gaining momentum during its presale phase.

Enthusiasts of the Pi Network are once again expressing frustration as the coin fails to rise above critical levels. With no clear indication of when the coin might bounce back, many investors are gradually shifting to Yeti Ouro (YETIO). This emerging meme crypto project has demonstrated significant promise during its presale stage.

Pi Network is struggling across the market

The once-promising no-investment crypto venture, Pi Network, which attracted attention from a diverse group of investors, is now losing its appeal. This decline is evident in its on-chain metrics. The trading volume, which once stood at 3.65 billion, has plummeted to 425.71 million, representing an astonishing 88.3% drop. Similarly, the NFT trading volume has fallen by 28.5%, dropping from 2.53 million to 1.81 million.

Pi was anticipated to list on Binance this year, but it failed to secure a spot, contributing to its downward trend. Only a few tokens were selected in the Vote to List initiative, and Pi was not among them. Binance had made it clear that only BNB-based projects would gain listing, and since Pi does not fit this criteria, it was disqualified.

Furthermore, the lack of clarity regarding how Pi’s tokens are burned and circulated has hindered its listing potential. If the project team can provide clear and accurate information on these aspects, it may improve its chances for inclusion on Binance or other platforms.

Current pricing for Pi stands at $0.5210, and it risks falling below its support level of $0.5188. The token has already dropped by 11.09% over the last 24 hours, with further declines possible in the near future.

An analysis of the charts reveals that the token is trading near the middle of the Bollinger band, indicating a balance between buyers and sellers amid low volatility. Although the MACD line is positive, the histogram suggests weak momentum, raising doubts about whether Pi can regain its previous strength.

YETIO is making strides in its presale phase

As Pi grapples with its declining value, YETIO is progressing positively during its presale. Investors are drawn to this meme-based crypto project due to its commitment to complete transparency, a stark contrast to Pi’s shortcomings. Additionally, YETIO has been audited by SOLIDProof, enhancing the project’s credibility and security.

The clear tokenomics of Yeti Ouro provide insight into the intended allocation of the limited 1 billion YETIO supply. Notably, 50% of the total supply is earmarked for presale, underscoring YETIO’s community-centered focus. The remaining 50% is allocated for rewards, token burning, liquidity, the team, and Play-to-Earn (P2E) gaming.

Yeti Go: The YETIO utility platform

One of the main attractions of this project is its upcoming game, Yeti Go, which will feature a P2E model. Players will have the opportunity to earn more YETIO tokens while using them within the game, thereby enhancing their utility.

However, Yeti Go is distinct from typical racing games. It will offer a highly competitive environment with a PvP model, allowing players to compete against one another and complete missions. The game will also incorporate environmental hazards, weaponry, and power-ups to increase interactivity throughout the racing tracks.

While the game is still under development, it is generating considerable excitement within the gaming community, especially given the involvement of renowned developers who have worked on acclaimed titles such as Call of Duty, Spiderman, Dead Space, and The Witcher. Additionally, the audio team consists of engineers with experience working on projects for Grammy-nominated artists like Major Lazer and Vybz Kartel, utilizing high-quality audio technologies like Spatial Audio and Dolby Atmos.

At present, YETIO is in its third presale phase, currently priced at $0.024. The project has raised over $3.2 million, and there are only 16 days remaining before advancing to the next stage, according to the countdown on the project’s website.

As an added incentive, YETIO is offering a limited-time opportunity of a 20% bonus on all purchases, as well as a 25% bonus for investments exceeding $500 during this period. Early supporters from Stage 1 have already experienced a 100% return on investment, and this number is expected to rise significantly as prices increase in the upcoming stages of the presale.

Conclusion

With Pi displaying a continued downward trajectory, investors are gradually distancing themselves from the project. In contrast, YETIO presents a promising opportunity for early investors to gain significant returns. Nonetheless, conducting thorough research prior to making any investment decisions is highly recommended.

For more information about Yeti Ouro, visit the website, X, Telegram, or Discord.