Dogecoin is once again in the spotlight, climbing rapidly as speculations of a DOGE ETF approval rise again. With Nasdaq and 21Shares leading the effort, and price gains outpacing Ethereum and Bitcoin, Dogecoin looks to be turning institutional.
But while the world watches the DOGE ETF drama unfold, a next-gen DeFi asset manager is gaining serious traction. Unilabs Finance, an AI-powered game-changer, is quietly raising millions and is setting the stage to become the next altcoin sensation. Let’s take a closer look at it.
DOGE ETF: Dogecoin’s Institutional Turning Point?
As speculations of a potential DOGE ETF grow stronger after Nasdaq’s formal filing to launch the 21Shares DOGE ETF, Dogecoin declined 3.15% in the last day to trade at $0.216. Adding to this bearish perspective, Dogecoin price has failed to break critical resistance despite multiple attempts. The current movement in Dogecoin price is mirroring the broader trend in the altcoin ecosystem.
Dogecoin has failed to hit its 2021 highs despite bullish developments. On April 30, Nasdaq filed a 19b-4 application with the Securities and Exchange Commission (SEC) requesting permission to list and trade shares of the 21Shares DOGE ETF. This came when asset management firm 21Shares, in collaboration with House of Doge, the corporate arm of the Dogecoin Foundation, filed an S-1 registration on April 10.
Without the use of leverage, derivatives, or synthetic products, the fund will hold Dogecoin directly and follow the CF DOGE-Dollar US Settlement Price Index. It has been found that Coinbase Custody Trust is the official custodian.
This submission comes days after the SEC postponed making its decision on applications for cryptocurrency ETFs until June 15. Market observers are already making predictions about the possible impact, even though no DOGE ETF has been approved as of yet.
Unilabs Finance: The Silent Giant in DeFi Asset Management
While Dogecoin experiences a bullish surge amidst its DOGE ETF developments, a new project has stepped into the market, aiming to offer investors maximum real-world utility. Unilabs Finance is the first asset manager that is backed by top-notch AI technology. It aims to change the way we invest, manage, and optimize our capital.
Unilabs stands out in the highly competitive market by offering a diverse range of investment funds that align with different investment targets. These funds include four AI-backed funds: the AI Fund, BTC Fund, RWA Fund, and Mining Fund. These also offer a launchpad that provides detailed 24/7 insights on different assets across different markets.
Providing opportunities besides these funds, investors can also earn passively by staking their UNIL holdings on the platform, boosting their earning potential. Another leading feature of Unilabs is its AI-powered portfolio management model. With the help of this tool, users’ portfolios are automatically updated with the ongoing market trends and shifts. This allows investors to reduce risk exposure and make use of every opportunity to earn profits.
$30.6M AUM and Climbing: Why Smart Money Is Backing Unilabs
Unilabs (UNIL), despite being in early stages, has raised over $30.6 million in assets under management (AUM) as smart investors capitalize on its Early Access Scoring System (EASS). With the help of this feature, this platform aggregates leading upcoming crypto projects by thoroughly analyzing their utility potential, tokenomics, and team.
This expected-to-be the next leading DeFi asset manager is currently in the spotlight for its viral presale that has sold over 136 million UNI tokens in the first stage only. Leading market experts claim that if Unilabs continues to offer such real-life utility backed with high profit potential, it could potentially be the next leading altcoin soon.
Discover More About Unilabs:
Presale: https://www.unilabs.finance/
Buy Presale: https://buy.unilabs.finance/
Telegram: https://t.me/s/unilabsofficial
Twitter: https://twitter.com/unilabsofficial
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