The memecoin hype might be dead after all; the Dogecoin price and SHIB price are in the red. But guess what isn’t? Unilabs Finance (UNIL): an emerging AI token. At the crossroads between decentralized and traditional finance, while also intersecting with artificial intelligence, it might be this year’s best crypto investment.
Can the Dogecoin Price Go Any Lower?
The Dogecoin price nosedived, marked by a 7% downswing on the weekly chart. A dip below $0.18 could trigger a selling frenzy, potentially reaching its monthly low of $0.16 or lower. With further downturns not ruled out, a smart move might be betting on hot narratives like AI and DePIN instead of memes.
Moreover, daily trading volume had declined by 20%, further contributing to DOGE’s bearish outlook. Amid dwindling interest in memecoins, experts are bearish. Additionally, technical indicators give a strong sell signal and suggest a downswing in the Dogecoin price, notably the MACD.
DreamTanksTV, a DOGE enthusiast, suggests a possible retest of $0.18 and $0.16 after the Dogecoin price fell under the 20-EMA. On the other hand, the bulls flipping $0.25 and regaining $0.28, the monthly high, could spark a buying frenzy.
Is a SHIB Price Rebound on the Cards?
The SHIB price has tumbled this week, losing 5% gain over the past seven days. On the 90-day chart, it trades downward by 13%, giving a bleak token outlook. Additionally, the daily trading volume has nosedived by 30% to $140 million.
But is a rebound on the table? Forgetting the declining volume and momentum for a minute, ETH breaking out could increase buying pressure for the leading ETH memecoin. Additionally, an overall market bounce could serve as a bullish catalyst, propelling the SHIB price.
Currently hovering around $0.000012, bulls taking back control could send the meme token toward its monthly high of $0.000015. According to JavonTM1, the SHIB price is primed to reach the $0.000032 level, igniting a larger reversal.
Unilabs Finance (UNIL) — Beyond Meme to AI-Driven Hype: The Best Crypto Investment?
Unilabs Finance’s (UNIL) narrative might be the strongest currently, considering it combines AI, DeFi and TradFi. Designed as an alternative to conventional financial markets, its unique decentralized asset management platform will be backed by artificial intelligence.
Beyond memes, it will solve real-world problems, giving it tangible applications. Remarkably, one of its core offerings is AI Market Pulse: a real-time market analysis tool that monitors and interprets on-chain and off-chain data, including price movements, volume and sentiment.
Equally important is its Early Access Scoring System (EASS). This proprietary algorithm will evaluate and rank emerging crypto projects based on the team’s credibility, use-case potential, tokenomics, technological innovation and community engagement. Although similar to Hyperliquid, a DeFi protocol with a $12 billion market size, experts believe UNIL has a competitive edge thanks to its yield-sharing strategy (a redistribution of 30% of fees to users).
Closing Thoughts
Underpriced at $0.0097 in the sixth ICO stage, Unilabs Finance (UNIL) could be this year’s best crypto investment. With investors stacking up and looking beyond memes, early funding has surpassed $11.9 million in record time. As the SHIB price and Dogecoin price stall, this new AI token is projected to skyrocket by 415% on its launch date alone.
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