Despite some decline in meme coin prices such as Dogecoin and Shiba Inu, bullish predictions for their growth are being observed. However, many investors are shifting their focus to a new altcoin — Unilabs Finance.
Current Situation with Dogecoin
In the past week, Dogecoin (DOGE) has seen a nearly 15% price drop, falling from around $0.22 to $0.19. Nevertheless, market analyst Trader Tardigrade remains optimistic, stating that the current price formation for Dogecoin could signal an increase. He pointed out that the DOGE/BTC pair is forming lower lows before each price pump and predicts a potential jump to $0.000025.
Predictions for Shiba Inu
Shiba Inu (SHIB) is also facing challenges, with its price dropping from $0.000014 to $0.000012 over the week, equating to about 10% loss. However, observer SHIB Possessor expressed an opinion that a price surge could occur soon, suggesting a target of $0.00004. Despite this optimism, many investors are still exercising caution, given the long-term trends and significant 50% decline over the past year.
Achievements of Unilabs Finance
Unilabs Finance (UNIL) is making headlines as a notable player on the market due to its unique decentralized finance (DeFi) platform. The project has raised over $2M in just two weeks during its initial coin offering. What sets UNIL apart is its use of artificial intelligence technologies for asset management and analysis of new meme coins. Nearly 500 million UNIL tokens were purchased in the third presale round, with expectations that their price will rise from the current $0.0062 to $0.0074 after the next phase concludes.
While Dogecoin and Shiba Inu anticipate potential rises, Unilabs Finance stands out with its innovative approach and passive income opportunities. Investors are increasingly drawn to the UNIL altcoin, which promises long-term value growth.