With the market relatively calm, the SHIB price has once again struggled to overcome its year to date (YTD) bearish struggles. Even with recent network advancements, Polygon also remains far from its yearly high.
Smart movers are now heavily investing in Unilabs Finance, a $0.009 investment project. Crypto commentators are citing its bold campaign and real world use cases as a strong base for a 100x rally.
SHIB Price Faces Bearish Pressures Despite Burn Surge
The current SHIB price trend is keeping traders on edge, with bearish storms weighing down on the memecoin. Even though the Shiba Inu burn rate has surged astronomically, the SHIB price movement paints a rather disappointing picture.
At the time of writing, SHIB sits at $0.00001318 following red outings on its weekly, monthly and yearly scales.
Besides, SHIB has dropped over 38% below its year to date high. Polygon is another asset facing intense downward pressure on its YTD chart.
Source: CoinCodex
Technicals show that the SHIB price has formed a head-and-shoulders, which indicates potential bearish reversal of an upward trend.
Meanwhile, the network’s total value locked (TVL) has dropped to $1.69 million, signaling waning confidence. For context, TVL refers to the total value of assets in a network measured in US dollars.
Eyes are now turning to Unilabs Finance, with its price trend attracting continuous bullish bets.
Polygon Struggles Despite Heimdall v2 Upgrade
Similar to the SHIB price, Polygon (POL) has shed a significant amount of its value since the turn of the year. Currently, the POL is trading around $0.25, down over 45% on its YTD chart.
Despite the recent Heimdall v2 upgrade, which aims to boost network speed, the coin continues to face bearish pressure.
Source: CoinCodex
Technically, Polygon is trading below the 200 day Simple Moving Average (SMA), hinting at a possible downward trend. For clarity, this technical indicator measures the closing price of an asset over the past 200 days.
Other price action indicators are also flashing bearish signals, suggesting that a trend reversal may not be imminent. As expected, this bearish storm has triggered caution among market participants.
Many are now pivoting to Unilabs Finance, a next gen investment platform famed for its disruptive AI products.
Unilabs Finance Presale Surges as AI-Powered Platform Attracts Investors
While the SHIB price crashes and Polygon flashes sell signals, experts are betting on Unilabs Finance to hit outsized returns. Backed by artificial intelligence, the asset manager allows investors to benefit from positive market returns.
One such offering is the four specialized financial vehicles, built to provide traders exposure to curated assets with return potential. More so, these investment products, including the AI Fund, Mining Fund, RWA Fund and BTC Fund, are enhanced by AI.
Apart from its specialized financial tool, Unilabs Finance functions as a smart market scout. For instance, its AI Market Pulse can scan the market for top investment opportunities, eliminating the need for manual searches.
Basically, the system accesses key components such as onchain trends and other data points to arrive at an actionable market plan for users.
With its memecoin identification tool, users could quickly pounce on the next sector gem before the market catches on. Fundamentally, the system can grade the most viable newcomer by checking elements including liquidity, community backing, and listing chances.
Driven by its bold branding and investment products, the Unilabs Finance presale has crossed $13.4 million in investments. Even though Polygon sits below a dollar, Unilabs Finance offers a stronger value proposition.
At $0.009, UNIL also offers a utility focused alternative to traders disappointed with the SHIB price trend. Investors are even predicting UNIL to surge 100x soon. Such an outsized climb would take the coin to $0.9, delivering massive returns to early movers.
Conclusion
The SHIB price has faced struggles since the turn of the year, causing traders to take a cautious stance. Polygon has also witnessed a similar outing during the same period, falling from its previous highs.
Meanwhile, Unilabs Finance is attracting strong bullish calls, with experts even predicting a 100x surge soon. The 50% bonus offered by applying the “UNIL50” during checkout further boosts its value proposition.
For smart movers, the ICO stage offers a chance to better position themselves for more market gains.
Discover the Unilabs (UNIL) presale:
Presale: https://www.unilabs.finance/
Telegram: https://t.me/unilabsofficial/
Twitter: https://x.com/unilabsofficial/
