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UNIBOT Shoots Up 6% – What’s the Next Milestone?

August 25, 2023
in Bitcoin
Reading Time: 4 mins read
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Unibot (UNIBOT) value shot up by 6% yesterday, encouraging many to purchase the token, which beforehand skilled a 37% drop prior to now seven days.

Whereas many anticipated a prolonged restoration and maybe a begin of a bull run, the token’s value circled, dropping by barely over 6%, successfully nullifying the expansion.

Chart 1 UNIBOT Aug 24

On condition that the token is only some months previous, it doesn’t have a prolonged value historical past that would present historic knowledge useful in predicting its future efficiency. It’s price noting that the UNIBOT token has seen intense volatility currently, particularly round August 16.

This was the day when UNIBOT skyrocketed to its all-time excessive after surging virtually continuously all through the primary half of the month.

On August 1, its value was $98, however by August 11, the token managed to climb to $198.

It struggled with the resistance at $200, which pushed it again to $166 by August 14.

Round that point, the token holders anticipated it to dump exhausting earlier than reaching for the moon once more, exactly what occurred.

Chart 2 UNIBOT Aug 24

After struggling this loss, the token shot up, reaching its all-time excessive on August 16, hitting the value of $233. Nevertheless, over the next eight days, the value crashed by $110, leaving it at $123, the place it sits on the time of writing.

Alongside the best way, the token encountered a number of helps that tried to cease its crash, however none had been sturdy sufficient.

UNIBOT lastly managed to search out its backside at $120, and over the past two days, it has been making an attempt to return up. Sadly, a resistance at $140 has been standing in its method, performing as a major resistance.

Unibot Captures the Consideration of the Crypto Market

Unibot emerged amongst Telegram bot tokens to supply a way more user-friendly interface and complicated algorithms.

It empowered merchants to navigate the market’s complexities with enhanced agility and precision. Since its launch, it noticed a 400% improve in worth, and its integration with Telegram additional resonated with merchants searching for effectivity and comfort.

Some declare that the challenge will dominate DeFi due to its give attention to person engagement, a robust workforce, and the underlying thesis. The token has already attracted the eye of some whales, which centered on buying each UNIBOT and Bitcoin, largely ignoring the remainder of the market.

Even so, the token is struggling within the present market. Nevertheless, seeing if Unibot can shatter its previous limits and attain new milestones can be fascinating as soon as the bearish grip loosens.

Introducing Sonik: A New Hit Amongst Meme Cash

The meme coin sector of the crypto trade just lately noticed the rise of a brand new meme coin known as Sonik (SONIK). Because the title suggests, the challenge was impressed by Sonic The Hedgehog, though it identified that it has no connection to the precise recreation/model or Sega. It makes use of the meme model of Sonic for inspiration, and the meme coin followers like it.

The challenge has already raised over $411k, and its presale will final one other 12 days. The token’s worth is $0.000014; you should purchase it with ETH and USDT.

The challenge is half its whole provide within the presale, whereas 40% will go into staking and the remaining 10% into liquidity.

With staking already being part of its roadmap, the token already presents greater than most meme cash in such an early stage of their existence.

For now, the presale is advancing quickly, and it will likely be fascinating to see if the availability can be offered out earlier than the 12-day interval runs out.

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