The cryptocurrency market loses a massive $71 billion as Fed rate cut odds fell from 98% to 84%. This broader correction has led to notable declines in Dogecoin, SHIB Coin, and the XRP price. However, Unilabs Finance tops the gainer list as investors rotate capital into its presale for sustained returns before its upcoming mainnet launch in 2025.
Let’s analyze the price movements of Dogecoin and SHIB Coin. We’ll see how Unilabs can outpace the XRP price momentum with its revolutionary AI-powered hedge fund platform.
XRP Price Breaks Below $3 Support: More Downside Expected
The XRP price continues to bear losses this week as many investors have booked profits after the conclusion of the lawsuit. This sentiment, combined with broader market sell-offs, has put excessive bearish pressure on the XRP price trajectory as it has already dropped 5.6% in the last 24 hours.
At press time, the XRP price hovers around $2.95 level. Chart analysis shows brewing pullback as MACD indicators signal a strong sell sentiment. Experts predict that a rally above the $3 support region is crucial, and a failed retest might trigger an alarming pullback in the XRP price, potentially to the $2.5 – $2.6 zone.
202.4B SHIB Coin Dumped Due to Scams: Price Drops 4.1%
SHIB Coin has also come on investor radars after a 4.1% decline in the last 24 hours. The community has long been vulnerable to scams and hacks, and a similar threat this week has pushed many investors to shift from the SHIB Coin. Developers issued warnings about counterfeit channels to verify through expired invite links on Discord, which can drain wallets in minutes
Other than scams, experts believe that the bullish leg for the SHIB coin is almost over, and a price correction is now inevitable. In the past week, 202.48 billion SHIB, worth about $2.6 million, were dumped on Coinbase. This keeps the SHIB coin in a difficult position for a continued rally as bears continue to dominate below the critical $0.000013 resistance.
Dogecoin Faces 51% Attack Threat: Retracement to $0.17 Predicted
Dogecoin leads the loser rankings among memecoins as holders dump millions this week after a promising rally in early August. What triggers the sell-off most are rising concerns and fears about a 51% attack on its PoW blockchain from the Qubic community after Monero’s seizure.
Dogecoin has lost 6.2% value in the last 7 days, and the downtrend halts buyers from taking risks. The indicators and chart analysis also ring alarms as Dogecoin experts eye a potential pullback to the $0.17 region in the upcoming weeks.
Unilabs Beats Bears With Whopping $13M Presale & 50,000 Holders
One of the few tokens defying the bearish trends this week is the hottest presale of the month, Unilabs Finance (UNIL). The project has secured a whopping $13 million and has kicked off its presale stage 7, with 5,000 new addresses in a day. As the next revolutionary hedge fund with smart features and AI automation, the project could moonshot after its upcoming CMC listing.
Investors are rushing to buy UNIL tokens at just $0.0108 and participate early in its presale. Unilabs Finance is an end-to-end platform that enables high-volume trading through AI Market Pulse, Early Access Scoring System (EASS), and Memecoin Detection Tool. With smart portfolio management and Flash loan accelerators, investors don’t need to worry about complex tasks and biased decision-making.
Conclusion
As the price pullback has sidelined prominent memecoins, including Dogecoin and SHIB Coin, the community eyes Unilabs as the next moonshot crypto with strong fundamentals and real utility. The project promises 50x returns to early buyers, way higher than the XRP price potential due to its large market cap. Buying UNIL now is the best decision to make before time runs out.
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