Shiba Inu (SHIB) is flashing a warning sign after forming a bear flag pattern. Meanwhile, 2 trillion SHIB tokens have flooded exchanges in one month, highlighting growing bearish pressure towards Shiba Inu price. SHIB trades at $0.0000143 at press time with $180M in daily trading volumes and an $8.44 billion market cap. In 24 hours, SHIB has fluctuated between a daily low of $0.0000141 and a daily high of $0.0000146 per data from CoinMarketCap. Shiba Inu Price Flashes Warning Sign as Bear Flag Emerges Shiba Inu price has flashed a warning sign on the weekly chart after a bear flag pattern emerged. A bear flag usually indicates a brief pause in the downtrend before the bearish momentum continues to push SHIB lower. This bear flag will be deemed valid if the price of SHIB falls below the lower support level and extends the downtrend. In this case, this meme coin… Read More at Coingape.com
Decentralized perpetual exchange (DEX) Hyperliquid (HYPE) has reached a significant milestone, surpassing $1 trillion in total perpetual contract (perps) trading volume.
This achievement comes despite a broader market downturn, where major sectors have posted losses. While there has been slight growth today, it remains minimal, highlighting the market’s challenges.
Hyperliquid Dominates Perps Market
According to data from DeFiLlama, Hyperliquid perps’ cumulative trading volume has surged to $1.1 trillion. This rise in activity highlights its growing appeal among traders.
Besides its market dominance, Hyperliquid has made headlines for being central to a major development. As BeInCrypto reported, the platform gained widespread attention after a whale trader opened a 40x leverage BTC short position worth $423 million, triggering a “whale hunt.”
Nonetheless, the developments have not done much for the platform’s native token, HYPE. Instead, it has been underperforming, maintaining a consistent downtrend.
Over the past day, it has depreciated by 3.4%. At press time, it traded at $12.9, marking lows not seen since December 2024. Moreover, the platform has faced increased scrutiny following concerns about potential money laundering.
Analyst Forecasts: Will HYPE Reach $100?
Despite these struggles, an analyst predicted that HYPE could reach $50-$100, citing its status as the leading crypto DEX and its high-throughput Layer 1 blockchain.
In the latest X (formerly Twitter), he highlighted Hyperliquid’s impressive growth. The platform averages $6.7 billion in daily volume, a significant increase from $1.1 billion in October. This surge has increased its market share relative to Binance, jumping from 2% to 9% in just six months.
“If Hyperliquid can maintain just a fraction of its growth rate, we could see it reach ~20% of Binance’s volumes by the end of the year,” the post read.
Hyperliquid Growth Compared to Binance. Source: X/Duncan
According to the analyst, this expansion could significantly boost the HYPE token’s valuation.
“If Hyperliquid is able to reach 20% of Binance’s volume, I think we could easily see $40-50 HYPE with the uptick in earnings and a slight multiple expansion,” he said.
He also highlighted several factors that could fuel Hyperliquid’s continued success. The recent addition of native spot Bitcoin (BTC) trading, coin margin functionality, and the possibility of launching a delta-neutral stablecoin are seen as major catalysts for future growth.
Another key development is the evolution of Hyperliquid’s Layer 1 blockchain ecosystem. The platform has attracted over 50 projects and holds over $2.3 billion in USDC and BTC deposits.
The analyst added that Hyperliquid has a strong potential to establish itself as the third most used blockchain, following Ethereum (ETH) and Solana (SOL), within the next few years.
“Given ETH and SOL are worth $230 billion and $75 billion, respectively what does that make Hyperliquid’s potential L1 valuation? Even at 15-25% of ETH or SOL, that adds another $10-50 to the token price. $50 for the perps/spot/stablecoin product + another $50 for the L1 and $100 HYPE seems possible,” he predicted.
Solana (SOL) and SUI have experienced impressive market growth, each carving out its place with unique features and strong performance. Solana’s scalability and speed, alongside SUI’s focus on high efficiency, have made them stand out as projects from which early adopters have benefited.
Platforms like Unilabs (UNIL) aim to offer the same kind of early access to emerging crypto projects. It assists investors in spotting the next big opportunities before they gain mainstream attention.
By prioritizing the next wave of blockchain innovations, Unilabs offers savvy investors the opportunity to stay ahead in the fast-paced world of crypto investment.
Unilabs: Discover Tomorrow’s Top Cryptocurrency Today
Unilabs is transforming how investors invest in DeFi, thanks to its first asset manager, which leverages artificial intelligence to assist retail traders in managing their portfolios efficiently and increasing profits.
The asset manager currently holds over $30 million in AUM, enabling users to access sufficient liquidity to rebalance their portfolios or swap assets. Unilabs has distributed these funds across various investment vehicles, including Bitcoin, real-world assets, AI, and crypto mining.
Each specialized fund offers investors a balanced exposure to the decentralized finance market. Even more interesting is the meme coin identification tool that enables investors to identify early-stage meme tokens with high potential growth by tracking exchange listing, liquidity, and market trends.
This tool assists users in spotting promising meme coins early to maximize potential returns. In addition, Unilabs features an AI Market Pulse, which scans the market for on-chain and off-chain data. With this, Unilabs can track the performance of the Solana price or even SUI, to give a clearer, data-driven insight into the market.
UNIL Presale Gains Momentum
Unilabs’ presale has drawn investor interest, raising over $859K, with stage two presale tokens almost selling out, with over 165 million UNIL tokens sold.
Crypto whales are quietly accumulating more tokens and taking advantage of the low entry point of just $0.0051, which could soon increase to $0.0062. This could mark a 55% return on investment for investors who bought the token at its initial offering of $0.004.
The explosive presale momentum has sparked experts to forecast potential gains of up to 100x. It has caused traders to shift focus from tokens like SUI and SOL to UNIL.
Solana Price Prediction: SOL Could Retrace to $120
Solana price has been in the headlines again, with many analysts forecasting it could drop to $120 soon. Afterwards, the Solana price could skyrocket even higher to new all-time highs. SOL is now testing support near the 200-day EMA around the $162.42 level.
Some market insiders have suggested that a sustained close below the $160 level could spark a significant decline that would drop the Solana price to $141.41 or even $120. This reflects an increasingly bearish sentiment for SOL in the market.
Source: CoinMarketCap
Meanwhile, technical indicators are flashing red, further cementing this Solana price prediction. SOL’s relative strength index hovers near the neutral area as the MACD nears a bearish crossover.
Per Coinglass’ insights, the long-to-short ratio for SOL has declined, marking the lowest level in a month. However, MetaMask’s upcoming native support for SOL could shift the narrative and attract broader adoption.
SUI Price Eyes New All-Time High
With the pioneer crypto trading above $106K, SUI is preparing for a bounce back. Backed by an ongoing network expansion, SUI price has been trading within a rising channel and now targets the $6 level and a new all-time high.
The token has recently broken out of a falling wedge pattern that has sustained the uptrend. SUI is now forming higher lows in the rising channel. This bullish recovery has sparked a golden crossover.
Source: TradingView
Moreover, the altcoin has showcased a positive crossover between the 50-day and 100-day EMAs, cementing its bullish momentum.
Adding to the bullish continuation, SUI’s daily RSI line has signaled a hidden bullish divergence. The divergence has formed a lower low while the SUI price continues to rise inside the channel. As such, SUI could be gearing up for further upside.
Conclusion
SUI and Solana prices continue to benefit from network developments and broader adoption, driving bullish sentiment. Yet Unilabs draws investors with explosive presale momentum, rewarding community incentives, and innovative AI tools.
With its ICO scaling upwards and a protocol that can spot the next SOL or SUI, Unilabs is positioning itself as a notable contender for significant upside in the DeFi market.
The post Unilabs Offers Unique Crypto Early Investment Platform, Could Identify the Next Solana & SUI in 2026 appeared first on Coinpedia Fintech News
Solana (SOL) and SUI have experienced impressive market growth, each carving out its place with unique features and strong performance. Solana’s scalability and speed, alongside SUI’s focus on high efficiency, have made them stand out as projects from which early adopters have benefited. Platforms like Unilabs (UNIL) aim to offer the same kind of early …
The trade war between the United States (US) and China is heating up, which is threatening to tumble the global markets, including the crypto market. Specifically, the US has announced that a 104% tariff rate on China will begin on April 9, while the Asian country is already making moves to retaliate.
Crypto Market Risks More Downside With US Set To Impose 104% Tariffs On China
The crypto market risks a further crash as the trade war between the US and China heightens. According to a Bloomberg report, US officials revealed that the country will proceed with a 104% tariff on Chinese goods, which takes effect from April 9.
As Coingape reported, US President Donald Trump threatened an additional 50% tariff on Chinese goods if the country fails to lift its 34% counter-tariffs by April 8. However, China has made it clear that it has no intention to lift the 34% tariffs.
As such, the 104% tariffs are a cumulative of all earlier tariffs that Trump imposed, plus the 50% that he threatened to impose yesterday. China is also expected to retaliate with further tariffs as the country has promised to fight till the end.
The crypto market is reacting to the news of the 104% tariffs on China, with the Bitcoin price sharply dropping below $77,000. Coinglass data shows that the market has recorded almost $50 million in liquidations in the last one hour. Long positions have suffered the most, with almost $40 million in long positions wiped out.
Crypto analyst Mikybull Crypto revealed that the total cap has just flashed on the sell signal, providing a bearish outlook for the market. The analyst noted that this same thing happened in 2018 and 2022, which began the bear market. He added that 2019/2020 was the outlier due to the pandemic.
BTC Could Still Drop To As Low As $70,000
Crypto analyst Rekt Capital has predicted that the Bitcoin price could bottom at around $70,000 amid the US-China trade war. The analyst noted that whenever Bitcoin’s daily RSI crashed into the sub-28 RSI level, it wouldn’t necessarily mark out the price bottom.
Rekt Capital stated that, historically, the actual price bottom would be -0.32% to 8.44% lower than the price when the RSI first bottomed. He revealed that BTC is currently forming its second low, -2.79% below the first low. The analyst claimed that a repeat of -8.44% below the first low would see the Bitcoin price at around $70,000.
In line with this, the crypto market could witness a massive crash as Bitcoin drops to $70,000. The Ethereum price has again dropped below $1,500, while other altcoins risk dropping to new lows.
