AI Hedge Fund Hits $31M AUM While Cardano Stalls Below $0.75—Algos Eating Traders’ Lunch Again?

Another day, another hedge fund letting algorithms do the heavy lifting. This one just crossed $31 million in assets under management—proof that machines still trust crypto more than most humans do.

Meanwhile, Cardano’s ADA can’t seem to bust through the $0.75 resistance level. The ’Ethereum killer’ keeps getting killed by its own sluggish momentum—maybe it should’ve hired those AI traders too.

Funny how the ’disruptive’ crypto market now relies on Wall Street-style fund structures to prove its legitimacy. The more things change...

Unilabs Crosses $31M AUM: The AI Hedge Fund That’s Going Viral

With almost $700,000 already raised within two stages of presale, Unilabs is all set to be the next leading asset manager in the market, leveraging AI. Using high-end technology, it combines the power of artificial intelligence and the structure of a traditional exchange, offering investors all the tools and features they need under a single roof.  

One of the leading features of this AI-driven asset manager is AI Market Pulse. This tool uses AI to scan the crypto market 24/7. It finds the latest market trends and new opportunities for investors to capitalize on by tracking micro movements in the market. 

Another of its leading features is the Early Access Scoring System (EASS), which ranks upcoming crypto projects using AI. It checks different parameters like the team, token details, HYPE level, and more, then gives each project a score. With it, even beginners can quickly identify promising projects before they hit the mainstream market. 

They not only track utility projects but also meme coins. Using its Memecoin Identification Tool, Unilabs tracks the fastest-growing meme coins, looking at virality, liquidity, and the potential new listings. Lastly, this AI-powered platform lets users earn by referring others to the platform. Holders can earn up to 30% of the platform’s profit. This offers an extra and simple way for holders to earn profits just by sharing the platform with friends and followers.

Cardano Price Stuck at $0.75: Is the ADA Bull Run Over?

Santiment’s Daily Active Addresses index, which analyzes network activity over time, offers a bearish picture of Cardano’s ADA. Additionally, Cardano’s chain DEX trade volume has been steadily declining since early December, according to DefiLlama data, and as of Tuesday, it stands at $3.06 million. This decline in volume suggests a bearish outlook by showing a decline in user activity and liquidity on the ADA blockchain.

On a technical level, the Cardano price seems to be in a period of consolidation rather than a prolonged collapse. The cryptocurrency is trading above its 50-day moving average of $0.7199, which has served as a short-term support level since early May. Regaining bullish momentum requires a daily closing above the 7-day simple moving average at $0.7702, which is the next significant resistance level. 

The Parabolic SAR indicator, which cautions momentum traders, became negative on May 17 and is still printing above the current cardano price at $0.8558. According to experts, ADA may break over $0.85 and move in the direction of $1 soon if it can recover the $0.78 level and turn it into support. 

Unilabs Presale: Why UNIL Token Is Turning Heads

The Unilabs (UNIL) ecosystem is powered by its native token UNIL, which is currently in its presale phase. The presale has recently started and is off to a strong start, providing early adopters a low-cost entry point to this high-potential project. Currently, each UNIL token is available for $0.0051 only, which is expected to surge to $0.0062 in the subsequent presale round. 

These profits are alone from the price surges within the presale rounds, once the UNIL token is listed on major DEXs and CEXs, it is expected to give a massive ROI to all its early investors. Top analysts and investors are all bullish on UNIL as it presents as a high-quality, AI-powered asset management protocol that is here to make an actual difference through its offerings. 

Discover More About Unilabs:

Presale: https://www.unilabs.finance/

Buy Presale: https://buy.unilabs.finance/

Telegram: https://t.me/s/unilabsofficial

Twitter: https://twitter.com/unilabsofficial