As the DOGE price dips 10% amid the prevailing negative crypto market sentiment, investors have decided to move away from meme coins. Meanwhile, an emerging altcoin named Unilabs Finance is gaining massive attention with its viral presale.
Experts believe this protocol could be the hottest crypto this week, which could drive massive upside in comparison to Dogecoin.
DOGE Price Plunges As the Market Sentiment Turns Negative
After experiencing a solid rebound to $0.25, the DOGE price again experienced a 10% crash. This time, Dogecoin fell to a crucial support level of around $0.21. Crypto analysts attribute this sudden plunge in the DOGE price to the recent unexpected rise in inflation of around 3.7%.
This has created a negative sentiment in the crypto market, particularly around high-risk assets such as meme coins, including Dogecoin.
On top of this, on-chain data recorded a massive 900 million Dogecoin inflow by whales on Binance. This type of inflow usually results in aggressive sell-offs, which might have affected the DOGE price.
Source: CoinMarketCap
From a technical outlook, Dogecoin is signaling a bearish short-term trajectory. At the time of writing, the DOGE price is fluctuating around $0.22, which has acted as a crucial zone in previous consolidation phases.
Although the recent DOGE price crash has raised concerns, analysts still believe that if the broader macroeconomic conditions improve, Dogecoin might experience a trend reversal.
On the other hand, Unilabs Finance is increasingly gaining investors’ confidence as the hottest crypto this week with its impressive presale performance.
Unilabs Finance: A Potential Hottest Crypto this Week With Over $13M in Presale
While the DOGE price faces headwinds, Unilabs Finance leads the crypto market with its massive $13 million presale. With this remarkable success, experts believe this platform could be the hottest crypto of this week that could outshine well-established players like Dogecoin.
It offers a variety of enticing AI-powered features that are designed to offer enhanced functionality. For instance, a variety of specialized funding options, including AI, BTC, RWA and Mining funds. These funds utilize artificial intelligence to offer investors chances to explore different categories of DeFi investment.
With the help of Unilabs’ AI-driven insights, traders could find potential high-growth projects that could boost their earnings to the next level. The platform’s launchpad utilizes real-time market data to scan the market for potential opportunities.
Similarly, the Early Access Scoring System can remove the hassle of finding a suitable investment project by assigning a data-backed rating to each project. It evaluates the emerging projects in relation to real-world scenarios to check their credibility.
Additionally, Unilabs’ Meme Coin Identification Tool can provide investors the opportunity to cash out from meme coins, the most high-risk investment sector in crypto. This tool could be highly beneficial in the current rising inflation scenario.
It could inform the traders about every aspect of the potential meme coins, such as virality metrics and listing chances. With this functionality, Unilabs provides enhanced utility over meme coins, including Dogecoin.
Unilabs Passive Income Opportunities Positions Traders for Exponential Growth
Unilabs aims to provide better upside compared to traditional cryptocurrencies like Dogecoin, with a smart infrastructure that is designed to profit investors.
Apart from regular capital gains, investors could employ Unilabs’ passive income program to add additional profit to their wallets with an exclusive referral layer.
In addition, users can earn variable ROI with the staking of UNIL tokens that would, in turn, support the liquidity across the Unilabs ecosystem.
On top of this, UNIL holders can become part of the protocol tiered reward system that would enable them to earn a share of 30% platform fees.
Final Thoughts
Considering the DOGE price’s massive 10% crash again, Dogecoin investors have lost faith and are moving towards Unilabs Finance. This platform’s commitment to innovation in the investment sector is attracting significant attention in the crypto market.
Almost 80 percent of its current presale stage has been sold out, with the UNIL token price at $0.0097. The next stage will see a price surge to $0.0108. With the current 50% CMC bonus live, investors could further increase their chances of upside by investing in UNIL right now.
Discover the Unilabs (UNIL) presale:
Presale: https://www.unilabs.finance/
Telegram: https://t.me/unilabsofficial/
Twitter: https://x.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.
