Recently, the price of ETH and the price of SOL have been stalling after going up on the monthly charts. This movement could turn some heads away from top
Recently, the price of ETH and the price of SOL have been stalling after going up on the monthly charts. This movement could turn some heads away from top crypto coins like Ethereum and Ripple to newcomers like Unilabs (UNIL).
This crypto coin is now in its second presale round and has already raised over $2M in just two weeks. Projections indicate this number could reach $3M before June ends. Since this coin is also tied to the AI market, as Unilabs is the first DeFi asset manager fueled by AI tech, many investors consider it a good crypto to buy for long-term gains.
Unilabs (UNIL): DeFi Meets TradFi and Attracts Over $2M
While the price of ETH and the price of SOL seem to be in a stagnant phase, Unilabs (UNIL) is gaining speed very fast. The ongoing crypto ICO event has been going great as it crushed a major milestone – over $2M raised in just two weeks. This number is projected to reach $3M before the end of this month.
Interest in Unilabs was already high as it introduced the first AI-driven DeFi asset management platform. On it, users can find the Unilabs Launchpad, which uses AI-powered insights to locate the best new crypto coins regarding growth potential. This Launchpad has been a hit as it integrates both DeFi and TradFi, which could lead to a broader market appeal.
People who want to get up to 122% APY staking rewards or governance voting rights are now rushing to buy the UNIL crypto coin. Currently, UNIL is worth just $0.0051, a 30% increase from its starting value of $0.004. But, this price will soar to $0.0062 after the third presale round begins. Additional growth is guaranteed to come once a Tier-1 CEX lists UNIL – potentially making it one of the best cryptos to invest in for fast returns.
CryptoGoos: The Price of ETH May Reach $3,000 Minimum
Ethereum (ETH) is one of the best cryptos, but its bullish momentum appears to have slowed down. Although the monthly chart shows that the price of ETH jumped over 40%, its growth has stalled in the past week. During that time, the Ethereum value went as high as $2,700 to its lowest point of $2,400.
Nevertheless, market expert CryptoGoos remains bullish for Ethereum (ETH). According to his X post, this crypto coin has broken back into an ascending triangle pattern. This is bullish as it could bring the price of ETH to $3,000 minimum, as per CryptoGoos. With Vitalik Buterin stating that Ethereum could scale 10x next year, this forecast could come.
Despite this bullish Ethereum price prediction, some traders are still cautiously optimistic. Given that it has a high market cap of around $310B, the price of ETH needs to see a lot of new money for a big pump. Therefore, traders are focusing on UNIL instead of Ethereum right now.
Analyst Foresees the Price of SOL Soaring to $200
Solana (SOL) is another crypto coin that is seeing some dips on the charts. For instance, the price of SOL decreased from around $175 to below $160 in the past seven days. In other words, nearly a 10% drop in the Solana value in a short time.
However, the community is still watching this token because of a bullish Solana price prediction from analyst CryptosRus. In a recent post, he told his X followers that Solana is testing its $160 support in an ascending broadening pattern. If this movement is confirmed, a bounce to $200 is possible for the price of SOL.
Despite this statement, many traders sidestepped Solana (SOL) for UNIL. Since the price of SOL has dipped nearly 5% in the past year, it may have trouble maintaining a bullish momentum in the long run.
What Gives Unilabs (UNIL) the Upper Hand over Ethereum (ETH) and Solana (SOL)?
Although the price of ETH and the price of SOL might see some growth, the focus in the crypto market seems to be mostly on Unilabs (UNIL). This attention is primarily because of its opportunities for passive income. Not just the staking rewards, but Unilabs announced that 30% of its platform fees will be redistributed among all UNIL crypto coin holders.
This attractive feature is drawing a lot of traders to buy UNIL tokens at a cheaper price. Hence, UNIL is being seen as a more beneficial crypto coin than Ethereum and Ripple.
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