Dogecoin price prediction has worsened, even with the bullish DOGE news Elon Musk shared recently.
A wave of liquidations and heavy whale selling hit the memecoin hard, turning sentiment negative. As DOGE stumbles, Unilabs is gaining attention. This AI-powered hedge fund already manages over $30 million and is quickly becoming a top pick in crypto.
While many altcoins dropped, Unilabs’ token, UNIL, climbed over 25%. It now trades at $0.0051 and looks ready to break $0.0061 as demand grows fast.
Dogecoin Price Prediction: Did This DOGE News Cause the Crash?
Dogecoin is facing heavy selling pressure, dropping 11% on May 30 to $0.204 – its lowest since May 10. The fall came after $21 million in long liquidations and a major whale sell-off.
In two days, wallets holding 100 million to 1 billion DOGE dumped 60 million tokens worth $12 million. This sell-off lines up with a broader market dip that wiped out over $700 million in 24 hours, according to the latest DOGE news.
Source | TradingView
The drop breaks Dogecoin’s three-week range between $0.21 and $0.24. That range held as traders waited for market direction after Bitcoin’s highs. Now, the 20-day EMA has crossed below the 200-day EMA, confirming a bearish trend. Trading volume surged 50%, showing strong sell pressure.
On the charts, the Awesome Oscillator shows steady red bars, a sign that bears are still in control. If the slide continues, $0.17 is the next key support – seen as a needed reset before any shot at $1.
Whale behavior also points to more downside for Dogecoin’s price prediction. These large holders often sell before or during crashes and only re-enter once the bottom nears. Until buying resumes, Dogecoin may keep sliding.
Elon Musk Shares Bullish DOGE News
Dogecoin is under pressure, but Elon Musk may soon change the game with some great DOGE news. He just revealed that X Money – his new payment and banking app – has entered limited beta testing. Set for a 2025 launch, the app already holds 41 U.S. money transmitter licenses. Musk says it’s being built with “extreme care.”
This isn’t just another payment app. It could be a huge step forward for Dogecoin. Musk has a long history with DOGE, and speculation is rising that X Money might include the token for microtransactions. While nothing is confirmed, his interest keeps the buzz alive.
If Dogecoin becomes part of the platform, it could gain a major use case. That kind of integration would boost its real-world value and likely increase Dogecoin’s price prediction. For now, all eyes are on Musk. If he delivers the bullish DOGE news, Dogecoin might move from meme status to a true utility token – and that could spark the next big rally.
Want to Find the Next DOGE? Call Unilabs!
Unilabs wants to change how people find the next big memecoin. Instead of guessing, it uses AI to spot winners early. In memecoin trading, timing is everything. Those who bought Dogecoin at $0.00001 made massive gains. Many called it luck, but in truth, they acted fast and smart on any DOGE news.
Unilabs makes that kind of precision possible for everyday investors. It’s an AI-powered fund managing over $30 million, spread across four key portfolios – AI, Bitcoin, RWAs, and Mining. Each one is built to spot trends early and manage risk smartly.
For memecoins, Unilabs created the Memecoin Identification Tool. This AI system tracks platforms like PumpFun, scanning for tokens gaining early traction. It watches liquidity, momentum, and market signals to flag coins with breakout potential – often before they reach big exchanges like Binance or Coinbase.
With this tool, investors get a real edge. Unilabs has already raised $1.6 million, and its token, UNIL, trades at just $0.0051. If exchange listings follow the presale, many expect it to hit $1. With rising interest and strong AI tools, Unilabs is ready to break into crypto’s top 50.
Learn More About Unilabs
