Unstaked (UNSD) Raises $9.6M in Presale as SHIB and DOGE Face Pressure

The crypto market continues to swing between resilience and retracement as meme coins like Shiba Inu and Dogecoin try to recover lost ground.

The crypto market continues to juggle resilience and retracement as meme coins Shiba Inu and Dogecoin try to recover lost ground. SHIB is testing support levels with early signs of a rebound, slipping 12% over the past week. The price stabilizes above $0.01260 with Relative Strength Index at 38.72, nearing oversold territory. This technical setup has seen bullish interest before, prompting traders to anticipate a possible bounce toward $0.013 or $0.015. Some are even placing stretch targets at $0.020.

However, there are lingering concerns. Futures open interest has slid from $181 million to $166 million, indicating reduced market participation. Shibarium, SHIB’s new Layer 2 network, has only $3 million in total value locked. That figure remains underwhelming compared to leading DeFi platforms.

Dogecoin is approaching a critical support level after losing 14% over seven days. The price now trades around $0.19, slipping below its 200-day exponential moving average at $0.21. Technical indicators show bearish momentum, with RSI at 39 and a negative MACD crossover reinforcing the downtrend. A decisive break below $0.18 could trigger a deeper fall toward $0.15.

Despite the pressure, there is a faint signal of resilience. DOGE still manages to form a higher low within its long-term ascending channel. If bulls can reclaim $0.195, the possibility of a climb back to $0.215 could arise. Until then, traders are exercising caution amid the inherent volatility of meme coins.

As Shiba Inu and Dogecoin face headwinds, another project is quickly emerging with far more structure and utility. Unstaked is gaining rapid momentum, now in Stage 20 of its presale. Over $9.6 million has been raised so far, with tokens priced at $0.011397. The project’s setup, which includes a confirmed listing price of $0.1819, presents a potential 28x return, quickly attracting those seeking smarter long-term opportunities.

Unstaked sets itself apart as a utility-focused DeFi project, powered by AI and a Proof of Intelligence model. This approach rewards users for contributing meaningful work like data validation, on-chain activity, and computational support.

Unlike many tokens that rely on passive holding or speculation, Unstaked encourages users to actively engage with the protocol and generate yield from real activity. Its core features include decentralized governance, intelligent liquidity routing, and seamless cross-chain payments. These functions are not theoretical; they are being designed for practical use in real-world scenarios, positioning Unstaked as one of the most promising crypto platforms for payments and smart yield generation.

To build even greater momentum, the project has launched a $1 million giveaway. Twenty selected participants will each receive $50,000 in UNSD, paid out over five months. This initiative combines a large contribution with a focused approach, setting the stage for the next phase of growth for Unstaked.

With a unique structure, rising visibility, and real-world use cases, Unstaked is showcasing what next-generation crypto projects should look like. In an evolving market landscape, projects that provide utility, engage their community, and contribute to the broader crypto ecosystem will continue to gain traction with investors.