Dogecoin News Today: Dogecoin Stuck at $0.23 as Unilabs Hits $1.8M in 48-Hour Trading Volume

Dogecoin remains range-bound near $0.2286, consolidating within a $0.21–$0.30 range as traders await a decisive break above the $0.23 level [1]. Despite the recent Grayscale filing for a spot Dogecoin ETF, which marks its second attempt this year, the price has not shown significant movement beyond this threshold [1]. The ETF filing, which would allow institutional and retail investors to access Dogecoin via a regulated vehicle, has generated optimism, though the market remains cautious. The SEC has indicated it will process the application within 240 days, and the approval could pave the way for broader adoption beyond Bitcoin and Ethereum [1].

Meanwhile, Unilabs Finance has seen a surge in market activity, with its UNIL token recording $1.8 million in trading volume over a 48-hour period [1]. This performance positions Unilabs as a notable altcoin in the current landscape, with its AI-driven DeFi strategy drawing attention from both retail and institutional investors. The project, which aims to mirror Dogecoin’s 2021 price trajectory, is leveraging artificial intelligence to track and identify high-potential projects in real time, offering a new approach to DeFi investment strategies [1]. Unilabs has raised over $13.4 million in its ongoing presale and is currently priced at $0.0097, with analysts anticipating a move toward $0.0108 [1].

The broader market is showing signs of shifting focus, with projects like Unilabs Finance and Remittix capturing investor interest alongside Dogecoin [1]. Remittix, a PayFi-focused token priced at $0.0969, has also seen bullish momentum, with predictions of reaching $5 before Dogecoin hits $1. The token’s utility in offering instant, fee-free crypto-to-fiat conversions across 100+ assets has contributed to its growing appeal [1]. With over 608 million RTX tokens sold and a confirmed listing on BitMart, the project’s roadmap includes upcoming wallet launches, further fueling speculative interest.

The recent developments underscore a market that is becoming more nuanced, balancing hype-driven assets like Dogecoin with utility-focused tokens that offer real-world applications. While Dogecoin’s ETF filing could be a catalyst for a price breakout, the performance of altcoins like Unilabs and Remittix suggests that investors are diversifying their exposure within the meme coin narrative and beyond [1].

Source:

[1] Dogecoin Remains Stuck at $0.23 While Unilabs Trading Volumes Hit Record $1.8M in 48 Hours. Coindoo. https://coindoo.com/dogecoin-remains-stuck-at-0-23-while-unilabs-trading-volumes-hit-record-1-8m-in-48-hours/