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The Ethereum price surged by over 50% in the past month and the Solana price hit a 30-day peak of $200, but this isn’t the full story. Despite this jump in demand and upswing, retail investment now doesn’t offer much.
However, smart money has been quietly accumulating a new AI coin, Unilabs Finance (UNIL), promising a higher return on investment and dubbed one of the best cryptos to invest in. Combining artificial intelligence with decentralized finance and traditional finance, it is backed by a solid narrative, sparking massive demand for the ongoing presale.
After an underwhelming performance, the Ethereum price surged, hitting a 30-day high of $3,800. This price movement, unsurprisingly, has sparked conversation about the start of altseason, especially with the dwindling Bitcoin dominance.
Besides the 50% jump in the Ethereum price in the past 30 days, its performance in the short term has also been impressive. The Layer-1 coin hovers above $3,800 at the time of writing, recording a 3% gain in the past seven days. Within the past month, the number of active addresses rose by 7% (7.8 million) and mindshare is "very high".
While the above shows conviction in ETH, its large market cap—over $465 billion as of press time—means it has little room for growth. If, per adventure, the Ethereum price surpasses its all-time high of $4,890, it is closer to hitting a ceiling than being at the bottom. So, instead of betting on the Layer-1 crypto, why not one with greater upside? Unilabs Finance?
Reflecting rising interest in the altcoin market, the Solana price registered a 30-day peak of $205, which is a 30% upswing. Buoyed by rising demand in memecoins and blockchain adoption, the Layer-1 coin rose from a monthly low of $140 and currently trades above $180.
However, technical indicators signal a potential drop in the Solana price. Besides the neutral 14-day RSI data showing bearish signs, Momentum (10) is at 12.26, giving a strong sell signal. Also, the significant Solana market cap, currently above $100 billion, leaves little room for growth.
Despite the surge in the Solana price and trading volume, $4.65 billion in the past 24 hours (a 20% increase), crypto analyst Stocksandalpha sees the altcoin retesting $150. As the sixth-largest cryptocurrency by market cap, there are undoubtedly more promising altcoins than SOL—it isn’t among the best cryptos to invest in for higher returns.
Unilabs Finance (UNIL) isn’t just another cryptocurrency, considering it blends decentralized finance with traditional finance. Standing at this crossroad, it is a perfect blend between DeFi and TradFi, with its unique offering being the world’s first AI-backed decentralized asset management platform.
This protocol, while being one of a kind, shares similarities with platforms like Binance (BNB) and Hyperliquid (HYPE). However, while BNB has a market size of $117 billion, Unilabs (UNIL) edges it out with its Memecoin Identification Tool, which analyzes meme characteristics like virality, liquidity and risk assessment.
In addition, Hyperliquid, with a TVL of $543 million, is being overlooked for UNIL for its profit redistribution strategy. 30% of the total platform-generated fees will be shared among users, alongside staking rewards and governance rights. With the ongoing presale in its early stages and with staggering upside, it is considered one of the best cryptos to invest in by experts.
While the Ethereum price might be close to its peak and the Solana price could retrace, UNIL is on course for explosive growth. Considered one of the best cryptos to invest in by experts, it costs just $0.0074 in the 4th ICO stage, with a whopping $7 million in funding showing massive investor interest.
For more information about Unilabs Finance (UNIL) visit the links below:
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.
