Memecoin Wars Begin Between Shiba Inu, Floki Inu, and Unilabs to See Who Comes Out On Top

Bitcoin recently hit a new all time high, sparking a wave of price rallies among several assets, including tokens like SHIB and FLOKI. However, the Shiba Inu price is currently below the 200-day SMA, and the FLOKI token trades close to its overbought zone.

Unilabs is also creating buzz in the crypto community with its disruptive AI offerings and affordable token price. Can UNIL outpace the volatile memecoin assets? Read on to find out.

AI Powered Unilabs Offers Smarter Investment Tools

While the Shiba Inu price rides bullish waves, Unilabs’ momentum is underpinned by its diverse ecosystem offerings. The asset manager seeks to help investors access the best trading opportunities with little expert knowledge.

It features an AI Market Pulse tool that generates an automated overview by checking for changes in on-chain trends and other key movements. As such, even SHIB holders could use the system’s actionable insights to optimize their portfolios for better returns.

The platform also provides users with an AI backed research tool that scans multiple data points to select the best investment options. It tailors the recommendations to suit the goals and needs of the user, as well as current market conditions.

Another groundbreaking feature of Unilabs is its proprietary Early Access Scoring System which ranks prospective projects by compiling key metrics like token credibility and utility. Users could leverage this simplified, automated investment grading to seize early opportunities.

Investors without technical knowledge could also benefit from its Stablecoin Savings Account, an investment pool pegged to the US dollar. The system scans the market for the safest investment options and allows users to benefit from low-risk yield strategies.

Unilabs Draws Interest with $843,000 Raised

With over $30 million in Assets Under Management (AUM), Unilabs’ large liquidity base is attracting the interest of crypto fans. At the time of writing, the project has raised close to $850,000 and sold over 184 million units of tokens.

Each UNIL token is currently priced at $0.0051, offering a discounted market entry option. Unlike the Shiba Inu price which is community driven, UNIL token’s growth lies in its user focused platform features and investment offerings.

Shiba Inu Price Rises, But Bearish Signals Emerge

The Shiba Inu price has reacted to the current crypto atmosphere, rallying over 6% in the last intraday session. Similarly, the Shiba Inu price trend is upward in its 7-day and monthly charts. Like FLOKI, the SHIB token has witnessed 15/30 green days of positive returns, driven by bullish trader outlooks.

As per data from TradingView, the SHIB token’s 24-hour trading volume currently stands at 11.93 million. Experts attribute this recent SHIB trading volume increase to new traders entering the market following renewed interest.

However, a look at the moving average convergence divergence shows the Shiba Inu price has experienced a bearish crossover. In addition, the SHIB token currently trades below the 200-day SMA, a potential downtrend indicator. On the flip side, UNIL’s utility oriented approach is driving bullish projections.

FLOKI Rises Amid BTC Rally, Nears Overbought Zone

FLOKI rose over 13% in the past session to trade at $0.000108 as BTC’s rally rekindles buying interest. Over the past day, the asset has recorded a 77% increase in trading volume, from $106.49 million to $189.32 million.

Besides, the current RSI reading stands at 68.94 which reflects steady buying interest and bullish flashes. However, the token could witness a minor pullback if it crosses the overbought threshold of 70.

Despite the FLOKI token’s recent dominance, SHIB holds a larger valuation of $9.07 billion. In comparison, the market capitalization of FLOKI stands at $1.07 billion. Plus, it was outperformed by 78% of the top 100 crypto assets in the past year. On the other hand, Unilabs has witnessed impressive performance in its ongoing ICO phase.

Conclusion

Even though SHIB has posted several green trading days, the Shiba Inu price shows mixed trend signals. The FLOKI token also trades close to the overbought territory, which could lead to a potential price crash.

Unilabs currently stands out with its remarkable ICO records and low entry price of just $0.0051. It also offers small scale investors an early chance to participate in market gains.

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