The crypto market shows mixed dynamics: meme coins like Shiba Inu and Dogecoin face challenges, while the DeFi token Unstaked attracts attention from investors.
Market Situation
Currently, the crypto market presents both stability and pullbacks. Meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE) are struggling while the token Unstaked, launched on a DeFi platform, shows clear signs of growth.
Shiba Inu (SHIB) and Dogecoin (DOGE) in Trouble
In the past week, SHIB showed a 12% drop, hovering above $0.00001260, while trading volume remains low. The RSI is nearing 38.72, indicating a possible reversal. DOGE trades around $0.19, experiencing a sharp 14% decline and is at risk of breaking key support at $0.18.
Issues and Benefits of Unstaked
Unstaked is in Stage 20 of its presale, raising over $9.6 million, nearing $10 million. The current token price stands at $0.01139, with a launch target of $0.18, implying a potential 27x return. The project stands out with its clear tech use and will offer decentralized governance and cross-chain payment capabilities.
The crypto market showcases sharp contrasts: while SHIB and DOGE try to hold their positions, Unstaked is rapidly rising due to its structured approach and AI usage. Investors may see in Unstaked a potential for long-term growth.
