Crypto Market Watch: Volatility in Shiba Inu and the Rise of New Challengers

While the Shiba Inu price faces headwinds, the SHIB coin holders shift their focus to a viral $0.0051 altcoin, Unilabs, that is creating a buzz in the crypto market with its rapid presale success. With over 300M tokens already sold, this platform is earning investors’ trust with its commitment to offering enhanced utility and enormous gains.

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Shiba Inu Price Faces Pressure As Volatility Grows

The Shiba Inu price has been subjected to intense volatility in the past few days. Despite the SHIB coin’s promising breakout above its long-forming falling pattern earlier this month, the token is still caught in a period of consolidation.

From a weekly perspective, the Shiba Inu price has experienced a massive around 15% drop in its value. On 12th May, the SHIB coin hit a crucial resistance area at around $0.000017, which confirmed a break above its downward channel.

Nevertheless, in the next few weeks, the Shiba Inu price lost all of its weekly gains and is currently trading at around $0.000013.

On the other hand, a viral $0.0051 altcoin named Unilabs could be a better option for investors looking for a more stable alternative beyond hype driven assets.

Source: CoinMarketCap

In the last couple of days, the SHIB coin was consolidating at around $0.000014, which became a key support level. However, the Shiba Inu price could not hold this support and fell to $0.00013.

In one of the SHIB coin’s price predictions, a crypto expert warns that a drop from the token’s previously held support could result in an enormous decline that could take the token back to its recent low of around $0.000012. Under extreme bearish scenarios, the SHIB coin could even retest its April low of around $0.000010.

Unilabs: A Viral $0.0051 Crypto Offering Tech-Driven Investment Solutions 

The Shiba Inu price outlook does not promise any potential gains in the near future. Therefore, investors are looking for projects like Unilabs that could offer enhanced stability than meme tokens like the SHIB coin.

Unilabs is a DeFi asset management platform that helps investors find the best high-profit investment opportunities in the market.

What’s unique about the protocol is that it utilizes artificial intelligence in its ecosystem, which is not only making investment easier but also more efficient than ever before. At its core, the platform offers:

• AI-Powered Portfolio Manager: This tool helps investors keep track of the performance of their assets while also optimizing the portfolio according to evolving market trends. It can also execute efficient trades and create effective trading strategies according to the investor’s requirements.
• Market Pulse: By leveraging this tool, individuals can benefit from in-depth market trend analysis that is not readily apparent on the standard charts. It enables investors to prepare for sudden market shifts and maximize their returns by acting quickly.
• Early Access Scoring System (EASS): This feature makes sure that investors get their hands on projects that perfectly align with their investment goals. For instance, it evaluates potential projects in relation to multiple scenarios such as real-world applicability and public perception.

Along with it, this protocol also enables investors to leverage multiple types of funding categories, including AI, BTC, RWA, and Mining Funds. This way, traders could boost their exposure in the DeFi world by powering up their portfolios.

Which One Offers Better Potential Gains?

As is usually the case with meme coins, the Shiba Inu price is mainly driven by hype and prevailing market sentiments. Although the overall memecoin market is performing well, the SHIB coin has not recorded any stable gains.

In contrast, Unilabs is proving itself to be a promising alternative that could drive better gains due to its increasing popularity and tech-driven functionalities.

Unilabs Presale Surges Past $1.75M Milestone

With the presale surpassing more than $1.75 million in funding, Unilabs is already carving out a space for itself in the industry at such an early stage. This viral $0.0051 altcoin has just recorded the sale of 300 million tokens in the last 30 days. Its presale stage 2 is almost over, and the next stage is going to see a price surge to $0.0062, which means early investors would get confirmed 21% gains.

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