The memecoin craze seems to be cooling off as the Dogecoin price and BONK coin lose steam, opening the door for a new player to steal the spotlight.
While DOGE whales continue to accumulate and BONK struggles at key support, Unilabs Finance is making waves with its AI-powered investment platform and a presale that’s already attracted over $13 million. Continue reading this article to find out more about these projects.
Dogecoin Price Dips Despite Massive Whale Accumulation
The Dogecoin price has been showing conflicting signals, with significant whale accumulation occurring amid price declines relative to other major cryptocurrencies.
Over the last week, whale addresses have acquired about 2 billion DOGE, worth $480 million. This significant buy by large-scale investors signals a considerable possibility of the Dogecoin price breakout in future trading sessions.
Despite the infusion of capital, DOGE has dropped 4% in the last 24 hours, currently trading at $0.214. This performance stands in stark contrast to the other top-10 cryptocurrencies by market capitalization, which have sustained demand.
According to Dogecoin price chart analysis, liquidity outflows are a big contributor to DOGE’s underperformance. While investors liquidated their DOGE holdings, it appears that much of the liquidity went into other leading projects.
BONK’s Decline Continues: Is This the Final Leg Down?
The BONK coin is currently trading at $0.00002185, continuing its decline from the July top of $0.00004070. The BONK coin’s weekly chart shows a drop of 16.6%, while the monthly chart shows a drop of over 28.97%. Despite the market’s cooling, support remains at $0.00002085, which is supported by the 50-day EMA and a critical Cup and Handle pattern neckline.
While BONK coin has lost its momentum, with open interest down from $73 million to $38 million, traders in Bonk coin news circles remark that long positions remain active. The Bonk coin price prediction is now dependent on whether this support holds; a breakthrough might retest the July highs, whilst a collapse could push towards the 100-day EMA around $0.00002.
Unilabs Finance Presale Crosses $13M, Eyes Market Domination
The memecoins have once again taken a step back, with the Dogecoin price struggling to move past resistance, and BONK coin failing to generate momentum. In the meantime, one utility coin, Unilabs Finance, is generating a strong buzz in the market as it offers substantial ROI backed by its cutting-edge AI-powered utility.
Unilabs Finance is the world’s first asset manager that is introducing AI technology into the world of investments, aiming to change the way we perceive investments. It stands out in the highly competitive crypto market by offering a diverse range of investment funds.
These funds include four AI-backed funds: the AI Fund, BTC Fund, RWA Fund, and Mining Fund. These funds come along with a comprehensive launchpad that provides 24/7 insights on different assets across different markets. This helps investors stay updated regarding the latest market shifts and get timely opportunities to capitalize on their investment.
Another highlighted feature of Unilabs is its AI-powered portfolio management tool. Using this tool, users’ portfolios are automatically updated, allowing investors to reduce risk exposure and double their profits. This potentially the next leading DeFi asset manager is currently making a buzz for its viral presale that has already raised over $13M in funding from investors globally.
Market analysts claim that if Unilabs Finance continues to offer such utility alongside its high momentum growth, it could soon be the next big thing in the crypto world.
Discover More About Unilabs Finance:
Presale: https://www.unilabs.finance/
Buy Presale: https://buy.unilabs.finance/
Telegram: https://t.me/s/unilabsofficial
Twitter: https://twitter.com/unilabsofficial
This article contains information about a cryptocurrency presale. Crypto Economy is not associated with the project. As with any initiative within the crypto ecosystem, we encourage users to do their own research before participating, carefully considering both the potential and the risks involved. This content is for informational purposes only and does not constitute investment advice.
