Unstaked Soars as Meme Coins Falter: A Look at the Emerging DeFi Project

The cryptocurrency market is seeing a mixed bag of activity this week, with meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE) struggling while Unstaked, a rising DeFi platform, gains traction. While SHIB attempts a rebound near its oversold zone, DOGE faces pressure at key support levels. In contrast, Unstaked’s unique mechanics, real-world functionality, and robust funding have positioned it as a potential long-term investment for many. Its presale has already raised over $9.6 million, offering potential investors an upside of 27x with its token priced at $0.011397. The project stands out by using a Proof of Intelligence (PoI) model to reward users for active participation. This contrasts sharply with meme coins that rely on hype and sentiment.