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

As Pi Network continues to slump, frustrated investors are shifting their focus to Yeti Ouro, a rising meme crypto project gaining traction during its presale.

The Pi network believers and investors are again frustrated as the coin continues to fall below the red line. While there’s no clear sign of when the coin will regain its potential, investors are slowly moving toward Yeti Ouro (YETIO). This emerging meme crypto project has shown high potential during its presale period. 

Pi Network is bleeding all over the market

The once-upon-a-time potential zero-investment crypto project, Pi Network, which had captured the attention of investors from all categories, is now losing its charm. The results of the fading project are clearly visible in its on-chain metrics. What previously was a trading volume of 3.65 billion has now dropped to 425.71 million, a massive 88.3% decrease. On the other hand, the NFT trade volume of Pi is also seeing a decline of 28.5%, dropping straight from 2.53 million to 1.81 million. 

Pi was set to make its Binance listing this year, but it couldn’t, which is causing its downfall. Only a handful of tokens were voted during the Vote to List initiative, of which Pi didn’t make the cut. Binance had already made it clear that only BNB-based projects would be listed, and since Pi does not fall under the category, it was disqualified.

However, another reason the token is not listed is its lack of transparency on how it is burned and circulated. If the team manages to provide accurate details on this category, there’s a chance the project will be listed on Binance or any other platform. 

Standing at $0.5210 at the time of writing, Pi is showing all signs of going below its support level of $0.5188. The token has already shown a massive decline of 11.09% in the past 24 hours, with chances of more drops in the near future.

Looking at the chart, the token is trading near the middle Bollinger band, showing a fine balance between buyers and sellers with low volatility. Though the MACD line is in the positive zone, the histogram is in the negative zone, signifying weak momentum. Will Pi regain its momentum? The chances are quite slim.

YETIO makes progress in the presale era

While Pi struggles with its declining value, YETIO makes good progress in its presale era. The major reason why investors are looking forward to this meme-crypto project is its complete transparency, which is the one thing that Pi lacks. Besides, YETIO  is audited by SOLIDProof, which ensures the project’s transparency and security. 

The clear tokenomics of Yeti Ouro shows exactly where the team is planning to spend the limited 1 billion YETIO supply. As a major 50% of the entire supply is allocated to presale, it clearly shows that YETIO is focusing on a community-driven approach. The remaining 50% is divided into rewards, burn, harvesting, liquidity, team, and in Play-to-Earn (P2E) gaming.

Yeti Go: The YETIO utility platform

The major highlight of this project is its upcoming game, Yeti Go, which uses a P2E model. Here, the players will get a chance to earn more YETIO tokens and utilize them in the game itself, thus increasing the tokens’ utility.

But Yeti Go is not like other racing games. It is a highly competitive game with a PVP model where players get to destroy their opponents in the missions. To make it more interactive, developers are adding environmental hazards, weapons, and power-ups throughout the tracks. 

Though the game is still in development, it is creating anticipation in the gaming industry, due to the involvement of popular developers, ones who have worked on acclaimed games like Call of Duty, Spiderman, Dead Space, and The Witcher. Moreover, the audio team consists of engineers who have worked on projects for Grammy-nominated artists such as Major Lazer, Vybz Kartel, and Kabaka Pyramid, professionals who are mixing Spatial Audio and Dolby Atmos to bring forth high audio quality for the game. 

Currently, YETIO is in its 3rd presale stage, where it is priced at $0.024. The project has already raised more than $3.2 million, and there are only 16 days left to enter the next stage, as per the countdown timer on the project’s website.

To top it off, YETIO is providing a limited-time offer of a 20% bonus on all purchases and a 25% bonus on investments exceeding $500 made during this time. Early backers of the project from Stage 1 have seen a 100% ROI, and this percentage is set to increase exponentially with steeper price increases confirmed for the remaining stages of the presale. 

Final words

With Pi showing no signs of upward movement, investors are slowly leaving the project. On the other hand, YETIO is showing a high chance of making massive profits for early adopters. However, conducting thorough research before making any investment-related decision is still advisable. 

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