XRP News: Over $58 Million Worth Of XRP At Risk? Meanwhile Whale Activity Tracked In Yeti Ouro Presale
The post XRP News: Over $58 Million Worth Of XRP At Risk? Meanwhile Whale Activity Tracked In Yeti Ouro Presale appeared first on Coinpedia Fintech News
Ripple has recently come under legal questions and scrutiny that caused speculation to arise that $58 million worth of XRP is currently at risk. This amount of XRP raises questions considering bear activity surrounding the token. One more piece of fascinating news that is emerging concerns the ERC-20 ecosystem and relates to the presale of Yeti Ouro (YETIO). There is increased whale activity with this new utility meme coin that aims to truly combine meme culture with a Play-to-Earn (P2E) system.
XRP News
Legal analysts state that the XRP community is buzzing concerning conflicts of litigation in the past and in the present. In the case that millions worth tokens are put at risk, litigation is sure to shake multi million dollar funds. Some reports estimate that a combination of frozen funds, potential settlement claims, and a lengthy investigation process might place approximately $58 million in XRP at risk. This has fueled a debate in the community as to whether or not that swift resolution is sufficient to provide certainty that the tokens will in fact have a long term promise.
XRP price is currently trading at $3.12 on Coinmarketcap.
Exacerbating the friction, former officials and stakeholders have expressed that any negative findings within the regulatory scope could stall any prospective XRP-powered ETFs. For now, XRP price is still able to power through consolidation within the $3 price range which is a couple of notches above defined levels of support, but overshadowed by these uncertainties.
Whale Interest In Yeti Ouro Presale
While the scrutiny of XRP’s regulatory issues is receiving plenty of media attention, other watchers of the market have noted that larger addresses seem to be showing interest in Yeti Ouro (YETIO) – a novel token on the Ethereum blockchain that blends meme coin culture with a serious Play-to-Earn (P2E) model. Yeti Ouro markets itself as the next Dogecoin or 100x memecoin and aims to reward the community through a token burn mechanism of 5% of its total supply of 1 billion tokens. By auditing with SolidProof, the project further boosts investor confidence regarding its safety and transparency.
Tokenomics And Presale Overview
The project, currently in Presale Stage 2, has sold more than 132 million tokens. Each token is priced at $0.017 per YETIO, with a further bonus of 10% on purchases.
Among other features, the highlighted attraction is Yeti Go, an actively being developed P2E racing game made on Unreal Engine. Not to mention, YETIO will also have direct control over the soon coming P2E racing game Yeti Go which is built with an unreal engine, and Dolby Atmos powered spatial audio.
Players are able to knock opponents off platforms, maneuver around various obstacles, and use their weapons in the melee PvP races. The team recently finished the second iteration of the game mechanics alongside the level’s design with one of the best asset development companies that have worked on the Call of Duty, Spiderman, The Witcher and Dead Sapce franchises.
The dev team recently released a video showcasing glimpses of the level 1 map of Yeti Go game.
According to Newzoo, global gaming revenue grew from $70.6 billion in 2012 to $187.7 billion in 2024.
Conclusion
Although the prospects of XRP owners seem rather dubious with the regulatory hurdles that can jeopardize their investments well into the millions, whale movement is continuously transitioning towards newer endeavors such as Yeti Ouro. Yeti Ouro’s presale success highlights its demand, by the end of 2025, YETIO could exceed $10. Its focus on combining utility and meme coin culture offers a clear path for growth making it one of the best investment opportunities of 2025.
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
