
ETH ETFs recently garnered significant attention as net inflows exceeded $1 billion on Monday, with BlackRock's ETHA at the forefront. Despite this, a fast-rising AI-DeFi altcoin, Unilabs Finance (UNIL), steals the spotlight with a 142% rally in presale. Considered a top crypto to buy due to its bullish narrative and higher growth prospects, experts believe it is a better bet than the SUI coin.
It has been a great week not only for the underlying crypto asset but also for the US ETH ETFs. The U.S. spot Ethereum exchange-traded funds (ETFs) surpassed $1 billion in net inflows this week, showing significant interest among institutional players.
On Monday, BlackRock's ETHA led the way with $640 million in inflows, followed by Fidelity's FETH at $276 million. Amid Wall Street's growing convictions in the ETH ETFs, we could see a higher uptrend in the Ethereum price.
At the time of this writing, the Layer-1 token has surpassed $4,600, which can be largely linked to rising demand for ETH ETFs. Next could be a breakout above its all-time high of $4,890 and price discovery. Moreover, considering the 25% increase in daily trading volume to $59 billion, a new peak price could play out sooner rather than later.
The SUI coin witnessed a 15% gain over the past seven days, pushing the Layer-1 crypto above $3.85. Despite a modest 7% increase in daily trading volume to $1.6 billion, further upswings cannot be ruled out, with the market cap exploding by 5% to $13.6 billion.
Although the altcoin price is below its 30-day high of $4.4, sustained momentum could ignite a significant rally. Leader Alpha, banking on a BTC outperformance, sees the SUI coin price ranging between $8 and $12 in the next 6 weeks.
However, given its significant market size, experts don’t consider it a top crypto to buy, especially for retailers. At the current SUI coin price, its value could increase two or three times, which pales compared to new altcoins with staggering upside potential.
Unilabs Finance (UNIL) has made significant strides in the crypto space, marked by a 142% rally in presale. Additionally, its offering is unique, bordering on a combination of AI, DeFi and TradFi. Aiming to become a strong alternative to traditional financial markets, its novel AI-driven asset manager has been called a game-changer.
At the heart of the DeFi ecosystem will be an AI launchpad, which works in three simple steps. First, the proprietary AI engine will scan the crypto market and identify high-potential assets across emerging narratives such as DePIN and RWAs. Once promising altcoins are flagged, the next step is intensive due diligence, which includes analyzing the tokenomics, technology and team.
After this exhaustive vetting process, gains will be automatically and transparently distributed to users through a blockchain-based profit-sharing model. In addition, 30% of the total fees generated by the platform will be distributed to users, giving it an edge over BNB, an exchange protocol with a $116 billion market cap.
While ETH ETFs are in the spotlight following $1 billion in net inflows on Monday and the SUI coin price increased by 15%, experts are more optimistic about the UNIL token. In the sixth ICO stage, funding has surpassed $12.8 million, with a token costing only $0.0097. With a projected 415% gain at its listing price of $0.05, it is considered a top crypto buy, further contributing to its bullish outlook.
For more information about Unilabs Finance (UNIL) visit the links below:
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