XRP Fell Below $3 as Whales Accumulate TRX and UNIL for Hedge

If whales are looking beyond the payment-based cryptocurrency as the XRP price fell below $3, you should too. Instead, their attention has shifted to the TRX coin and Unilabs Finance’s UNIL token, which are considered a great hedge and the best cryptos to invest in.

Despite bold XRP price predictions making the rounds, the Layer-1 coin TRX and UNIL, a new AI token, are on whales’ radars. Combining key elements of AI, DeFi and TradFi, Unilabs is a game-changer. It will be the first decentralized asset manager for digital assets backed by artificial intelligence, sparking significant interest and demand.

Is an XRP Price Rebound on the Cards?

The past week has been a forgettable one, marked by a significant dip in the XRP price. A 9% downturn is evident on the 7-day chart, pushing the payment-based crypto below $3.0 and its 30-day high of $3.65.

While a rebound cannot be ruled out, whales have been shifting attention to other high-potential altcoins. Moreover, the MACD gives a bearish outlook, suggesting a decline in the XRP price. 

Nevertheless, crypto analyst Joey Dev targets $3.50 during the next leg up. In addition to this bold token price prediction, volume picking up, which is currently down by 18% in the past 24 hours to $5.5 billion, could push up the XRP price. Meanwhile, according to Mesari, mindshare is very high, presenting a positive token price outlook.

What’s Next for the TRX Coin?

While top altcoins nuked, the TRX coin trades upward. Over the past seven days, the price has increased by 2%, defying broader market trends and sentiments. At the time of writing, it hovers above $0.32, aiming for a retest of its monthly peak price of $0.34.

Meanwhile, according to Token Terminal, the trading volume has increased by 255% in the past 30 days to $69.4 billion. That isn’t all. Generated fees and revenue have increased by 10% over the past month, surpassing $383 million and highlighting growing adoption of the smart contract platform and Layer-1 token TRX coin. 

The above paints a bullish token price outlook and a new ATH—a jump from 2024’s high of $0.44—is inevitable. Additionally, a bold price prediction was made by WebThreeAI, a top analyst on X. According to them, the TRX coin could hit $3.0 this cycle, positioning it among the best cryptos to invest in. 

Unilabs Finance (UNIL) — This Year’s Best Crypto Investment?

Since making its debut via an initial coin offering, Unilabs Finance (UNIL) has been an investor favorite. Over 1.5 billion tokens have been sold and the presale has surpassed $10 million in funding. Meanwhile, early investors have achieved a gain of over 110% since its ICO debut, soaring from $0.004 in the first presale stage to $0.0085 in the fifth round.

What’s more, it is primed for a parabolic run post-launch and considered by experts as one of the best cryptos to invest in this year. Other advantages of holding include staking rewards, governance rights and the redistribution of 30% of fees to holders via a five-tier system (the higher your presale entry, the greater your share of the fee pool). 

Beyond its price outlook and future bullish trajectory, Unilabs Finance (UNIL) is fundamentally solid. Compared to others, this DeFi protocol will blend with traditional finance. It will be the world’s first decentralized AI-backed asset manager for digital assets. As a result, it has similarities to Hyperliquid (HYPE), a DeFi protocol with over a $12 billion market cap. However, it could outperform and attract more users because of its dividends and yield-sharing system.

Closing Thoughts

While the XRP price nosedived, whales have been accumulating the TRX coin and UNIL. While analysts predict a rebound in the payment-based crypto Ripple, TRON, a Layer-1 coin and UNIL, a unique DeFAI token, have higher growth prospects. According to experts, these are some of the best cryptos to invest in this year.

For more information about Unilabs Finance (UNIL) visit the links below:

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