With the Dogecoin price on the plunge, DOGE holders have lost faith in its future trajectory to uphold its previous $0.70 projection. Despite these chaotic conditions, a new altcoin named Unilabs Finance is gaining traction in its presale with funding of around $14 million.
Considering its CMC hype, experts believe it could even outperform the DOGE token with its potential to deliver stable gains. Let’s discover more about Unilabs.
Dogecoin Price Forecast: DOGE Continues Sideways Movements
After making a potential rebound to $0.25, the Dogecoin price has again fallen to crucial support levels between $0.21 and $0.22. In a weekly time frame, the DOGE token has lost more than 4% of its value.
This drop in the Dogecoin price is attributed to a market-wide correction that is happening because of the recent macroeconomic conditions. Investors have been recorded to move away from high-risk investments such as the DOGE token as a result of an increased inflationary scenario.
Source: CoinMarketCap
Analysts believe that the Dogecoin price seems to follow a bearish trajectory in the short term. It’s because the bulls have pulled away for a while and are looking for the macroeconomic conditions to improve.
From the technical outlook:
- The DOGE token is also showing weakness, as it is unable to stabilize around $0.23.
- If this momentum persisted, the Dogecoin price could fall below its critical support around $0.21, which would result in an extended decline.
- Therefore, long-term DOGE holders have lost their faith in the meme coin as it does not promise to fulfill a previous prediction of around $0.70.
On the other hand, Unilabs Finance is catching attention with its massive $14M presale.
Unilabs Finance Crosses a $14 Million Presale Breakthrough Amid CMC Hype
While the Dogecoin price faces headwinds, Unilabs Finance crosses yet another presale milestone despite bearish market scenarios. This platform has surpassed $14 million in presale funding amid its CoinMarketCap (CMC) hype.
It has already been pre-listed on CMC for its upcoming official launch, which is further driving investors toward this platform. Another driving factor of this protocol is its wide range of passive income opportunities:
- Tiered reward system: This is a 12-tier system that categorizes UNIL holders among its tiers according to the amount of their token holdings. It serves as an additional source of income for users as it allocates a share of the platform’s 30% fees to its members.
- Unilabs Passive Income Program: This is specifically designed to add extra profit to the user’s wallets if they utilize the referral layer of the platform.
- Staking Rewards: Users can earn up to 122% APY on staking while also leveraging exclusive benefits such as governance rights and exclusive access to the protocol’s premium features.
Apart from these exclusive opportunities, Unilabs Finance also offers AI-powered functionalities such as AI Market Pulse. This tool would offer traders the ability to leverage enterprise grade insights and plan their investment that could withstand pressure from large stakeholders.
Likewise, the protocol’s meme coin identification tool gives investors the chance to locate potential meme coin projects that could withstand market volatility, unlike DOGE.
On top of this, the platform offers four different types of investment options, including AI, BTC, RWA and Mining Funds. This wide category could enable investors to boost their profit by diversifying their exposure.
With such impressive benefits and more than $30 million in assets under management (AUM), Unilabs could offer far better upside than DOGE.
If Unilabs holds its current momentum, its price could follow the Dogecoin price’s previous projection of around $0.70, driving over 7,000% gains.
Why Experts Believe Unilabs Could be a Smarter Bet?
Considering the Dogecoin price’s failure to follow its $0.70 projection, DOGE long-term holders are giving up on the meme coin. Meanwhile, Unilabs Finance is gathering attention with its groundbreaking presale performance.
Amid the CMC hype, less than 10% of Unilabs’ current presale stage is left. With the limited 40% bonus going on by using the code UNIL40, traders should become part of this platform before a massive breakthrough.
Discover the Unilabs (UNIL) presale:
Presale: https://www.unilabs.finance/
Telegram: https://t.me/unilabsofficial/
Twitter: https://x.com/unilabsofficial/
This article is not intended as financial advice. Educational purposes only.
