Following recent market downturns, analysts’ Cardano price predictions are mixed, while the Ethereum price is experiencing a bounce. Meanwhile, investors are shifting to the ETH ecosystem, with Unilabs Finance (UNIL) one of the DeFi protocols in the spotlight.
Designed to compete with conventional financial markets, UNIL is a novel asset management platform for digital assets. The platform is also powered by artificial intelligence and is tipped to capture a significant share of traditional hedge fund capital, making its native altcoin one of the best AI coins to invest in.
Unsurprisingly, the Cardano price plummeted early Friday, tumbling by over 5%. The price hovers around $0.6 at the time of writing, with a faction of analysts expecting a bounce and another predicting further downswings.
For the bulls, a Cardano price prediction making the rounds is by AwilMowliid—$8 before the year’s end. However, bears are expecting a drop below $0.5, which could trigger more sell-offs.
Nevertheless, technicals suggest the Cardano coin is oversold—the MACD and 20-VWMA are bullish indicators. Investor sentiment points toward a rebound in the Cardano price, positioning it among the altcoins to watch. However, the growing interest in artificial intelligence makes UNIL a more promising alternative—one of the best AI coins to invest in.
The Ethereum price is quickly recovering after the latest scare—a brief fall below $2,400. With bulls regaining confidence, a retest of its 30-day high of $2,780 could play out in the coming days.
Moreover, technical indicators suggest a bounce in the Ethereum price; the Bull Bear Power and Williams Percent Range are examples. In addition, optimistic price forecasts are making the rounds, positioning ETH among the top DeFi coins to buy now.
John Morgan’s $5,000 Ethereum price prediction is at the heart of the current market buzz, highlighting its potential. Although ETH has significant upside potential, experts consider UNIL as a better bet due to its small market size—one of the best AI coins to invest in.
Unilabs Finance (UNIL) is among the new DeFi protocols in the spotlight, standing out for its intersection with traditional finance and artificial intelligence. Its native utility token, UNIL, which is also a governance token, is considered one of the best AI coins to invest in.
Compared to top altcoins like ADA and ETH, this new ERC-20 token costs only $0.0062 in the third stage of the ongoing presale. Significantly undervalued, whales have been trooping in, pushing early funding past $2.4 million in record time. Besides its short-term and long-term outlook, other perks for holding include staking, periodic airdrops and redistribution of 30% of the total fees generated by the platform to holders.
Also driving interest is the protocol’s novelty—the first AI-powered DeFi asset manager. It presents a strong alternative to conventional financial markets, tipped to attract a modest share of traditional hedge fund capital. This further paints a bullish picture for its native utility coin, UNIL, considered one of the best AI coins to invest in this year.
While the Cardano price tumbled by 5% in the past week, the Ethereum price has regained momentum. Meanwhile, UNIL, a low-cap token at the heart of an AI-powered DeFi ecosystem, is considered one of the best AI coins to invest in.
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