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A new BTC ATH of $124,450 was recorded earlier this week; what does it mean for your portfolio? With profits set to rotate to altcoins, experts' top picks are the Shiba Inu coin, Cardano crypto and the new AI-DeFi token Unilabs Finance (UNIL). On the list of the best cryptos to invest in, these are must-have coins, especially UNIL, the novel AI-backed asset manager for digital assets.
While the Shiba Inu coin has been underwhelming since its last bull run, evident in the 85% decline from its 2021 ATH of $0.000088, experts believe it could reach a new high. A popular price prediction by Cryptoshibs suggests the dog-themed token could reach $0.0003 and $0.004.
With a market cap of $7.6 billion, the Shiba Inu coin is set for a major reversal, especially given its substantial decline from its peak. Meanwhile, momentum has been rising of late, as shown by the 20% increase over the past 24 hours to $421 million.
Regarding recent price actions, the leading ETH memecoin is in the green on the weekly chart, trading above $0.000012. A bounce above $0.000015, its 30-day high, is expected to send the Shiba Inu coin higher, positioning it among the best cryptos to invest in.
If the words of Jamers are to be believed, the Cardano crypto could range between $8 and $10 this cycle. The Layer-1 coin has been among the top performers this year, surging by 20% over the past 30 days to $0.92.
A hair’s breadth away from $1, a strong volume could propel the Cardano crypto price higher. Moreover, daily trading volume has skyrocketed by over 170% in the past 24 hours, signaling rising demand and interest among investors.
Additionally, Token Terminal highlights a 100% surge in trading volume over the past month to $45 billion. Also worth mentioning is the 35% increase in fees over the past month to $306,000. This indicates growing adoption of the smart contract platform and presents a bullish Cardano crypto price outlook.
Unilabs Finance (UNIL) has been the talk of the crypto community for its novelty and staggering growth prospects. To begin, it combines the biggest and hottest narratives: AI, DeFi and TradFi. Its upside potential as a presale token is equally important, currently in its sixth stage and priced at $0.0097.
Primed for a 415% gain at the listing price of $0.05, this new AI-DeFi token is among the best cryptos to invest in this year, set to outperform established coins. Set for an even bigger leap after its market debut, savvy investors consider it a no-brainer, propelling funding past $12.9 million.
Even more impressive than its projected growth is its unique value proposition. Unlike existing players, Unilabs Finance (UNIL) will be the world’s first AI-backed DeFi asset manager. Despite drawing similarities to HYPE, a DeFi protocol with a $15 billion market size, it has a competitive edge due to its yield-sharing strategy (redistribution of 30% of fees to users).
Following a new BTC ATH, investors are expected to rotate to high-potential altcoins like the Shiba Inu coin, Cardano crypto and UNIL. On the list of the best cryptos to invest in this cycle, courtesy of their bullish narrative and upside potential, these are must-haves.
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.
