Most Viral Meme Coin in May - SHIB Losing Race to Pepe Coin

Shiba Inu (SHIB) fails to break through key resistance levels with sluggish price performance. Meanwhile, Pepe coin dominates the market with impressive gains, even advancing to the top of the May meme coin rally.

On the DeFi side, a new project called Unilabs is quietly generating attention. This AI-powered asset management platform gets people talking with its advanced investing strategies and utility.

Shiba Inu Struggles Despite Huge Token Burn

Shiba Inu, also known as the Dogecoin Killer, has been a popular fan-favorite meme coin. However, its recent price action doesn't look as good in the ongoing meme coin rally. At the time of writing, the SHIB token is trading around $0.00001450 after plummeting nearly 10% on May 23 due to Bitcoin's correction.

Despite the dip, the SHIB burn activity is growing. Shiba Inu recently saw a 180.85% jump in its burn rate, with over 38 million SHIB tokens removed from circulation in just 24 hours.

However, technical indicators are pointing towards caution. The Relative Strength Index shows neutral momentum, while the SHIB token struggles against resistance at the 200-day EMA. These metrics and increasing competition from major rivals, like Pepe coin, could seriously hamper Shiba Inu’s chance of becoming a viral hit in May.

Pepe coin shines with Massive Monthly Gains

The Pepe coin showed strong bullish momentum in the recent meme coin surge, going head-to-head with Shiba Inu in a contest for supremacy. At the time of writing, the Pepe coin is trading around $0.00001396 with massive monthly gains of over 60%, eclipsing the SHIB token gains.

Several key factors are behind this phenomenal Pepe coin surge, like huge whale accumulations, high trading volumes and rising open interest in the derivatives market. Analysts also took notice, with many pointing to a bullish flag breakout and a golden cross pattern emerging on the charts.

Further, the MACD remains in a strong uptrend, while the RSI, just below the overbought zone, leaves room for further gains. Some experts predict Pepe coin could even hit $0.000027 in the short term if momentum holds.

With such renewed investor interest and bullish momentum, the Pepe coin could become the hottest meme coin, potentially surpassing SHIB in terms of market cap and popularity.

Unilabs Offers AI-Powered Fund Management with Passive Income

While Shiba Inu could be out of the meme coin race, Unilabs is turning heads in the DeFi space. The project uses AI to analyze market data, evaluate trends and generate optimized portfolio allocations that simplify investing for both novices and seasoned investors.

With over $30 million in Assets Under Management (AUM), Unilabs offers exposure to four diversified funds, each targeting key growth areas in the crypto ecosystem:

• AI Fund: Focused on the artificial intelligence sector and related projects.

• A BTC Fund that tracks Bitcoin and its derivatives.

• RWA Fund for participating in real-world asset tokenization opportunities.

• A Mining Fund that provides funding to crypto mining ventures.

This structure gives users a balanced and risk-adjusted approach to investing.

Alongside sophisticated analytics, the fund allows users to earn passive income through staking the native UNIL token. The more users hold, the higher your profit, making it a consistent reward model in otherwise volatile markets.

Meme Coin Identification Tool: Catching the Next Pepe coin or SHIB

As the meme coin craze takes off, Unilabs’ meme coin identification tool could come in handy for users looking to spot the next big meme coin star. This feature can scan new meme projects, evaluating them based on community engagement, social media traction and listing opportunities.

All this is done with cutting edge AI to assess virality, volatility and market potential. This would make it easier for users to identify tokens with high potential, or even the next Shiba Inu or Pepe coin prior to their explosion without having to sort through thousands of inferior coins manually.

Conclusion

The price performance of Shiba Inu (SHIB) has disappointed investors despite high token burn and a sluggish technical outlook. Pepe coin, on the other hand, has seen a huge price spike and traders are betting big on it as it could lead the meme coin race in May.
However the novel concept of Unilabs is gaining traction. The project is currently holding a presale where users can buy UNIL tokens for just $0.005. This could be a chance for investors who want something beyond hype.

Get to know more about Unilabs by visiting the official site and Telegram