$0.60 slump could wipe billions for bulls

As Cardano is struggling to maintain its price, Unilabs is going full speed towards $1. How? Take a look at this article to find out more about UNIL’s presale.

Cardano’s price keeps slipping, with analysts eyeing a possible drop to $0.60 by June’s end. Confidence in older altcoins is fading, and many investors are looking elsewhere, straight at Unilabs.

Unilabs launched its presale just weeks ago and has already pulled in over $1.8 million from more than 25,000 investors. The project stands out with a fresh approach, blending AI and DeFi to reshape crypto asset management. 

It’s not trying to fix broken systems. It’s building something new, smart, fast, and ready to scale in a $500 billion industry. This isn’t just another token. 

Unilabs is gaining traction as a full platform with real-world use and growing demand. Investors see the momentum and are jumping in early, hoping to catch the next major breakout.

Can ADA recover despite massive whale selloff?

Cardano (ADA) is sliding fast, down 21% from May highs and now stuck near $0.65, its lowest in three weeks. It’s had five straight red days, breaking key support and deepening market fear as Cardano’s price prepares for the worst.

Santiment data shows holders are leaving. ADA coin wallets fell from 4.55m to 4.49m in weeks. Whales dumped over 380m tokens, and mid-sized holders sold another 300m. Profitable tokens dropped from 27b to 22.69b, a sharp sign of pain.

The chart looks rough. A double-top just confirmed with a neckline break at $0.71. ADA coin now trades under its 50-day and 200-day averages, and a death cross is on the radar. If Cardano’s price breaks below $0.65, $0.50 could be next, a further 25% drop.

Drama adds pressure. Charles Hoskinson faces accusations of misusing 318m ADA during the 2021 Allegra fork. He denies it, but a pending audit could change the mood fast.

Cardano’s DeFi isn’t helping. TVL sits at $391m, far behind rivals like Unichain at $700m+. Hopes around a Bitcoin integration exist, but others like SolvProtocol already offer similar tools.

Right now, ADA coin is in a tough spot. $0.65 must hold, or things could get uglier for Cardano’s price.

While Cardano’s price weakens and its DeFi growth stalls, Unilabs is gaining ground fast. Built for ease of use, Unilabs makes DeFi simple for everyone, no matter their background.

Active traders can tap into its Cross-Chain Trading Hub. It removes the need for risky bridges and lets users trade across networks quickly and safely. No delays, no confusion, just smooth swaps.

For those after stability, the Stablecoin Savings Account offers steady returns. Users deposit stablecoins and earn passive income without riding the crypto rollercoaster. It’s built for long-term investors who value consistency over hype.

Advanced users get access to the Flash Loan Accelerator. It provides instant, collateral-free loans that must be repaid in the same transaction. Perfect for arbitrage and other fast, smart trades once reserved for big institutions.

Can UNIL outperform ADA?

Unilabs is picking up speed. In just weeks, over 25,000 investors joined its presale, pushing the raise to $1.8 million. As AI and DeFi merge, Unilabs is stepping up as a real web3 contender, with the potential to rival giants like ADA coin.

Its standout feature is revenue sharing. Unilabs gives 30% of platform earnings to UNIL holders, split into 12 tiers. The more users hold, the more they earn. This setup rewards loyalty and links token value to real results.

But there’s more. UNIL holders get lower trading fees, early access to new projects, exclusive airdrops, and VIP support. It’s not just a token, it’s a growing ecosystem built for active users and long-term holders.

Analysts are watching closely. Some predict UNIL could hit $3 this cycle, matching bullish Cardano price predictions. If Unilabs captures even 0.2% of the $500b asset management market, it could pay over $100m a year in dividends. That’s why smart money is already moving in.

To learn more about Unilabs, visit the website and Telegram.