Unstaked's Presale Races Toward $10M! ETH Eyes Surge & SUI Faces Supply Concerns

As major cryptocurrencies face uncertain chart movements, one presale is pushing forward with steady traction. Unstaked has raised more than $9.6 million

Unstaked, a project aiming to revolutionize the Web3 ecosystem with its advanced Proof of Intelligence (PoI) consensus and AI technology, has raised over $9.6 million in Stage 20 of its presale.

The presale is still ongoing and has raised more than $9,636,878 from 84,806 contributors at the current token price of $0.011397. At the presale launch, tokens were priced at $0.1819, presenting a potential return of up to 27x from current levels.

Unstaked's unique PoI consensus rewards users based on their contributions, such as verifying data, running computations, and engaging with the network, directly linking reward to action.

This approach contrasts with traditional models like Proof of Stake (PoS) or Proof of Work (PoW), which often rely on passive staking or energy consumption.

Unstaked’s ecosystem also features decentralized governance, smart liquidity routing, and support across multiple chains, making it a key piece of the broader Decentralized Finance (DeFi) space.

Unstaked is currently focused on raising funds and building community ahead of its public listing on a tier-1 exchange. After the presale concludes, Unstaked's AI agents will begin operating within the network.

Unstaked is also running a $1M giveaway campaign to reward community support. This five-month initiative will award 20 participants with $50,000 each in $UNSD. To enter, users must purchase at least $100 worth of tokens and engage in simple community activities.

Its goal is to onboard one million users to the Unstaked ecosystem by the end of 2024. So far, it has already surpassed the 80,000 user mark and continues to grow steadily.

Those scanning for the best crypto to buy now might consider Unstaked for its practical features and promising framework, in contrast to major coins facing chart strength or over-supply issues.

As several analysts point out, the Ethereum (ETH) price is forming an ascending triangle on the daily chart, with resistance forming near the $2,700 mark, a level that ETH is touching more often with increased trading volume.

Looking at the monthly chart, the setup remains positive. A Morning Star candlestick pattern around the $1,800 zone, combined with a bullish crossover on the Stochastic RSI, points towards a larger upward shift.

A close above $2,500-$2,700 could open the way for a move toward $3,300-$4,000. Several analysts suggest that ETH is one of the top projects to watch over the next few quarters. However, a failure to breakout or a macroeconomic shift could disrupt this bullish outlook.

While Ethereum shows signs of technical strength, Sui (SUI) is grappling with new supply hitting the market.

Every month, around 44 million SUI tokens are being unlocked, adding roughly $140 million in fresh circulation and contributing to an 8.51% drop over the past week.

SUI is trading near $3.25 and presents both promise and caution. Analysts at Elliott Wave Point note a clear formation that hints at continued upside, with projections up to $24 if current support levels at $3.38 stay firm.

However, falling below this level could stall or reverse this outlook. Just 33.87% of SUI's total supply has been unlocked, signaling possible future pressure. Some traders are also eyeing dips to $2.80 as possible buying zones.

Despite its solid foundation, supply-related concerns dampen SUI's short-term appeal as the best crypto to consider now.

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