Dogecoin (DOGE) has suffered a brutal drop, losing nearly 40 percent over the past month. It is now trading around $0.20 after having been as high as ~$0.34 a month ago. Adding to the downward pressure, meme coins have been a particular target of a general crypto market correction that kicked off in mid-January. Thanks to viral hype and community zeal in 2023, meme tokens like DOGE had massive run-ups this year — but are now one of the biggest losers as investor faith dissipates. Now, newer meme coins like Yeti Ouro are taking center stage.
Dogecoin Price Analysis: Analysts indicate NUPL drop
According to on-chain metrics from Glassnode and expert analyst Ali Martinez, long-term holders of Dogecoin are currently in the “denial” phase of the market cycle, says. DOGE’s Long-Term Holder Net Unrealized Profit/Loss (NUPL) has slipped into negative territory over the past week, suggesting that long-term holders of DOGE who are holding it on paper for months are watching their profits erode or even turn into losses. In other words: holders who were once sitting comfortably in profit are now either barely in profit or underwater, and that means uncertainty is increasingly widespread.
Historically, this kind of denial phase — investors do not want to believe the bull trend is over — typically leads to a big capitulation drop unless the market finds fresh strength. Further, the new address count for DOGE has also plummeted.
But it can also pave the way for a powerful recovery if bulls regain control. Analyst Ali Martinez explains in this Glassnode chart how long-term DOGE holders’ NUPL has dropped from an optimistic (green) value into the anxious “belief/denial” zone on the NUPL scale, indicating a loss of confidence among holders.
In fact, this phase historically occurs on the last capitulation selloff or a bullish market reversal, based on bulls’ response. It remains to be seen whether Dogecoin price can maintain an important level of support between $0.19-$0.21, or if selling pressure will force the meme-meme to continue downward. The crucial resistance level for Dogecoin price lies at around $0.24, and a daily close above this range would start the relief rally, while a failure to recapture this price could lead to additional bearish sentiment.
Yeti Ouro: 100x Returns In the Long-Haul
Yeti Ouro is not the average meme coin — it is a systematically designed project, where utility, security, and gaming align on the future of crypto. As speculative trading continues to be a leading force in the market, more and more investors are searching for assets with real-world use cases. With an increasing presale, a completed audit report, and a sprawling gaming ecosystem, the DEMO for which is live, Yeti Ouro is positioning itself as a long-term player in the crypto space.
With a 10% bonus on any presale purchase, early investors can buy YETIO for just $0.024. Stage 3 of the project’s presale is already well underway — it has already brought in nearly $3 million and sold over 200 million tokens. As any seasoned investor knows, seeing an audit from SOLIDProof is a clear sign that the crypto project, here Yeti Ouro (YETIO), is a secure and transparent project, especially in the wake of scandals like President Javier Milei’s recent crypto scam.
Meme coins like Dogecoin derivatives of cryptocurrencies — one of the biggest weaknesses of meme coins is the absence of real-world use cases. They are mainly moved by hype, endorsements from celebrities, and market cycles. In contrast, P2E gaming provides a clear, tangible use case where tokens are being used in a live, participatory digital economy. In addition to the financial motivations, P2E games foster a close-knit and active community.
The development team behind Yeti Go is not cutting corners either. They have just completed a second major revision of game mechanics and level design, ensuring smoother controls, enhanced physics, and a perfect balance between chaos and strategy. The game maps are being optimized for both casual players and esports-level competition, offering layouts that encourage high-speed decision-making, replayability, and competitive engagement. To further elevate the gaming experience, Yeti Go has partnered with a prestigious game asset studio, known for working on AAA titles like Call of Duty, The Witcher 3, and Dead Space, to craft stunning visuals and high-quality character models.
With interactive playtesting, new maps, and audio integration in the pipeline, Yeti Go is shaping up to be a revolutionary P2E experience, proving that Yeti Ouro isn’t just another meme coin—it’s an entire gaming ecosystem. As the presale continues to surge, early investors are not just buying into a token; they’re gaining access to one of the most ambitious blockchain gaming projects on the market today.
Join the Yeti Ouro Community:
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