Dogecoin’s recent ETF filing could help push its price above the $0.23 level. Unilabs also seeks to surge higher after recording a significant rise in trading volume.
The latest DOGE news confirms that Grayscale has submitted its new S-1 filing to the US SEC for a spot Dogecoin ETF. This comes at a time when the Dogecoin price has been stuck at $0.23 for some time now.
Meanwhile, Unilabs Finance, a new asset manager merging AI with DeFi, continues to outshine major altcoins within the market. The UNIL token has already registered a $1.8M in trading volume in just 2 days. This only proves that Unilabs has what it takes to mirror DOGE’s 2021 gains.
DOGE News of a New ETF Filing Triggers a Bullish Outlook
Dogecoin price has been correcting within the $0.23 level for some days. However, this could change with the latest DOGE news. One that confirms a new Dogecoin ETF filing by Grayscale to the US SEC. If approved, the fund will feature on the New York Stock Exchange, providing investors with regulated access to Dogecoin.
The filing information outlines that the trust will only store DOGE. The custodian will be Coinbase Custody Trust Company. This DOGE news also confirms that the filing marks the second attempt by Grayscale this year. Its March application still remains under review.
The SEC has also confirmed that all applications will be processed within a 240-day period. Dogecoin price reaction to the DOGE news of a new ETF filing has also been positive. Its price recorded a slight rally but still hovers within the $0.23 level. The surge in Dogecoin price points growing interest among traders.
Source: TradingView
It also confirms that an ETF approval will certainly pave the way for significant adoption. The filing also points to increased confidence among large institutions in diversifying crypto assets beyond just Ethereum and Bitcoin.
Unilabs Finance Targets Dogecoin’s 2021 Gains
With the Dogecoin price looking to overcome the $0.23 level backed by the recent Grayscale ETF filing, Unilabs Finance is also aiming to mirror DOGE 2021 gains. The UNIL token has already seen a significant surge in trading volume.
As the first project to merge AI and DeFi, Unilabs Finance allows retail traders to benefit from strategies that were only reserved for institutional investors. The platform utilizes AI tools to track thousands of emerging projects within the market. This helps investors capitalize on early opportunities confidently.
The AI-powered launchpad utilizes real-time data and machine learning to uncover high-yield projects with strong fundamentals. With over $32 million in AUM and a strong community base, Unilabs is set to mirror the Dogecoin price movement that saw the altcoin record major gains in 2021.
Key Drivers Behind Unilabs Finance Presale Momentum
DOGE news of a new ETF filing by Grayscale seems to have ignited a new bullish outlook. Similarly, Unilabs Finance’s presale momentum is also being driven by key factors that seem to sit well with investors.
To accommodate different profiles and market strategies, Unilabs features four distinct funds. Each fund leverages top-tier expertise and AI insights. The AI fund allows investors to easily adapt to the ever-evolving world of artificial intelligence.
This mainly targets projects that seek to revolutionize technology, including AI-driven dApps. This ensures investors are up-to-date with innovations that will shape the future. The RWA fund ensures investors are able to capitalize on transformative DeFi, Web3, and blockchain technologies.
The BTC fund helps bridge the existing gap between traditional assets and blockchain. This fund makes it possible for investors to acquire real-world assets. A move that offers a balanced approach to the volatile nature of crypto.
For the Mining fund, it guarantees better yields. Something that helps stabilize investors’ returns across the crypto market. These funds have seen the UNIL token raise over $13.4 million in funding. Its current price of $0.0097 now targets $0.0108. A move that ensures early investors enjoy massive gains.
Conclusion
DOGE news of an ETF filing by Grayscale could be a key trigger for Dogecoin price movement. This might see the altcoin break past the $0.23 level in the coming days.
Moreover, UNIL is set to hit key milestones on the ongoing presale. Already, the project has seen massive gains in trading volume and presale funding as more investors continue to join.
Discover the Unilabs Finance (UNIL) presale:
Buy Presale
Website
Telegram
This publication is sponsored. Coindoo does not endorse or assume responsibility for the content, accuracy, quality, advertising, products, or any other materials on this page. Readers are encouraged to conduct their own research before engaging in any cryptocurrency-related actions. Coindoo will not be liable, directly or indirectly, for any damages or losses resulting from the use of or reliance on any content, goods, or services mentioned. Always do your own research.
Kosta joined the team in 2021 and quickly established himself with his thirst for knowledge, incredible dedication, and analytical thinking. He not only covers a wide range of current topics, but also writes excellent reviews, PR articles, and educational materials. His articles are also quoted by other news agencies.
Source: https://coindoo.com/dogecoin-remains-stuck-at-0-23-while-unilabs-trading-volumes-hit-record-1-8m-in-48-hours/