Invezz
2026-08-04 08:55:16

Unibase price surges 11% as AI memory hype fuels a breakout near $0.20

Unibase (UB) has climbed more than 11% over the past 24 hours to trade near $0.19, extending its weekly gains as traders responded to the launch of a new decentralized AI product and fresh ecosystem developments that have increased activity across the network. According to CoinGecko, UB traded around $0.1923 at the time of writing after gaining roughly 11% in the previous 24 hours, taking its seven-day advance to nearly 60%. The move pushed the token close to the psychological $0.20 level, where buyers continued to defend recent gains despite periods of profit-taking. The latest rally coincided with the official launch of Unibase Memory, a Chrome extension designed to unify conversations and browsing history across multiple AI platforms into a single encrypted memory layer owned by the user. The release represents one of the project's largest product launches to date and introduces a new use case for the protocol's decentralized storage infrastructure. Unlike conventional AI tools that store conversations inside individual platforms, Unibase Memory combines chats from ChatGPT, Claude, Gemini, and general web browsing into one searchable knowledge base. Every memory is encrypted end-to-end with the user's wallet credentials while data is stored through the Unibase Storage and Data Availability (DA) network, allowing users to retain ownership of their information instead of remaining tied to one AI provider. Several features introduced with the extension have also expanded the practical utility of the ecosystem. Users can automatically archive AI conversations and webpages across devices, search previous interactions using natural language, and send selected context into any supported AI conversation with a single click. Collectively, those capabilities allow users to carry persistent memory between AI applications instead of rebuilding context every time they switch services. The extension launch arrived as the project continued expanding its AI infrastructure. Recent updates surrounding Unibase's AI Agent Ranking initiative have also attracted attention from market participants following developments across the AI crypto sector. Because the protocol focuses on decentralized memory layers and interoperability for autonomous AI agents, product announcements linked to AI infrastructure have become an important catalyst for investor interest. Market positioning has strengthened alongside the product announcements. Project information shared by the Unibase team showed that the extension launch coincided with a surge in spot trading activity while open interest increased by more than 25%, indicating fresh derivatives positions entered the market instead of the rally being driven solely by existing holders. At the same time, on-chain data cited by the project indicated exchange netflows remained negative, suggesting more UB tokens were moving from exchanges into private wallets. Such movements are commonly associated with users preparing to interact with ecosystem applications or holding assets outside centralized trading venues rather than immediately selling them. UB price analysis According to the 4-hour chart, UB is currently trading in a sustained uptrend. UB/USDT 4-hour price chart. Source: TradingView. Since recovering from its July lows, the token has continued printing higher highs and higher lows while holding above the 20, 50, 100, and 200 EMAs, indicating buyers have remained in control throughout the rally. The positive alignment of those moving averages points to continued bullish momentum, with the 20 EMA acting as the nearest dynamic support during recent pullbacks. Volume has also supported the advance. The On-Balance Volume (OBV) indicator has continued climbing alongside price, suggesting fresh buying has accompanied the rally instead of weakening participation. Rising OBV during an uptrend is commonly viewed as a sign of accumulation rather than a short-lived speculative spike. UB is also trading above its VWAP after the recent extension launch, showing buyers have largely maintained control despite bouts of profit-taking. UB/USDT 4-hour price chart. Source: TradingView. At the same time, the Relative Strength Index (RSI) is holding around 64, keeping momentum in bullish territory while remaining below the traditional overbought threshold of 70. The latest 24-hour price action supports that technical picture. After climbing from roughly $0.176 to nearly $0.197, UB saw moderate selling before buyers defended the $0.185-$0.188 area. The token later recovered toward its session highs, forming another series of higher lows while holding around the $0.19 level. From a technical perspective, $0.20 remains the immediate resistance to watch as both a psychological level and the recent intraday high. A convincing breakout above that area could allow UB to test the $0.21-$0.22 region if buying volume, open interest, and momentum indicators continue strengthening. On the downside, initial support has formed around $0.185-$0.188, followed by the 20 EMA, which has acted as dynamic support throughout the recent advance. Holding above those levels would keep the current bullish structure intact, while a break below them, especially if accompanied by weakening volume and lower open interest, could indicate the product-driven momentum is beginning to cool. The post Unibase price surges 11% as AI memory hype fuels a breakout near $0.20 appeared first on Invezz

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.