Shiba Inu (SHIB) Price Shows Oversold Status, Whales Bet $560,000 On Viral Altcoin

The post Shiba Inu (SHIB) Price Shows Oversold Status, Whales Bet $560,000 On Viral Altcoin appeared first on Coinpedia Fintech News

SHIB’s price is stuck, and investors are moving on. Sell-offs have picked up, and weak market momentum is shaking confidence. As SHIB fades, whales are shifting to new plays.

Unilabs is catching that wave. On-chain data shows over $500,000 of its $1.7 million presale came from SHIB holders. That’s a clear signal: seasoned investors want more than hype.

Unilabs delivers real utility and passive income, something Shiba Inu coin can’t offer. It’s becoming the smarter choice for those seeking stronger, long-term gains.

SHIB’s Price Faces Major Resistance as Whales Go On Selling Spree

SHIB’s price keeps sliding, dropping for four days straight and hitting $0.00001238 – its lowest since April 22. That’s a 30% drop from its May high, pushing Shiba Inu coin into a bear market. Bitcoin’s fall from $111,900 to $103,000 hasn’t helped, dragging down overall sentiment.

Whales are also pulling back. Large wallets have cut holdings from 743 trillion to 723 trillion Shiba Inu coin since January. This steady sell-off shows falling confidence and adds pressure on SHIB’s price.

Source | TradingView

Shibarium, the Shiba Inu coin’s layer-2 network, is also underperforming. It holds just $2.92 million in total value, far behind rivals like Unichain with over $600 million. Weak adoption raises doubts about the memecoin’s long-term use, impacting SHIB’s price.

The burn rate is fading, too. The biggest burn this week hit just 18 million Shiba Inu coins – a far cry from past billion-token events. With burns slowing, one of the key bullish drivers for SHIB’s price is losing strength.

Technicals offer no relief. SHIB’s price broke below its wedge pattern and the 50-day moving average. If buyers don’t step in soon, analysts see a drop to $0.00001033 as likely. Right now, the trend remains bearish for Shiba Inu coin.

How is Unilabs Reshaping the Asset Management Industry?

Unilabs is changing how asset management works. It fixes a big problem even top firms like Vanguard and BlackRock face – human error. These mistakes cost billions. Unilabs uses AI to cut that risk and make smarter, faster decisions. The shift is bold, and it’s already gaining serious traction.

With over $30 million managed, Unilabs splits funds across four smart portfolios: AI, BTC, RWAs, and Mining. Each one runs on algorithms that aim to boost gains while keeping risk in check.

The brain behind this setup is EASS. It scans utility tokens using real data like tokenomics, team strength, and long-term value. No hype – just facts that help investors make better calls.

Unilabs also dives into the memecoin space with a tool built to spot breakout projects like Shiba Inu coin early. It tracks liquidity and trends in real time, giving users an edge.

Everything runs on its DeFi platform. A cross-chain DEX aggregator lets users trade across blockchains without risky bridges. It’s smooth, fast, and built for real gains.

Conservative investors aren’t left out. The Stablecoin Savings Account lets them earn steady returns through secure stablecoin pools. It’s a simple way to grow crypto holdings without taking on major risk.

Over 20k Investors Back Unilabs

Unilabs’ token, UNIL, is quickly grabbing attention. Priced at $0.0051, it has already raised over $1.7 million – a big win for a project just weeks old. But there’s more to the buzz than fast money.

Some investors are chasing quick gains, expecting a move to $0.0061 soon. Others see the real value in holding for the long term. Unilabs offers more than hype – it pays back. Its model sends 30% of revenue to UNIL holders as dividends, giving users passive income just for holding the token.

This approach encourages loyalty and adds steady demand. Investors don’t just hope for price jumps – they earn while they wait. It’s a stock-style model that’s rare in crypto and built for serious returns.

Unilabs mixes short-term potential with real utility. That combo is drawing in both traders and long-term backers. As more people catch on, UNIL is shaping up to be a standout in AI and DeFi – not just another presale token.

Learn More About Unilabs

Buy Presale

Website

Telegram