Investing at the current ADA price or XLM price can be likened to buying BTC at $120,000. Retailers aren’t only late but are backing the wrong horse, especially when there are more promising alternatives. One such is Unilabs Finance (UNIL), a novel AI-backed DeFi asset manager and one of the best new cryptos to invest in.
How High Can the ADA Price Go This Cycle?
The ADA price witnessed a 30% gain over the past 30 days, reaching $0.75. Also impressive is its monthly high of $0.92, although it currently trades significantly lower amid profit-taking among investors.
However, trading volume is increasing, growing by 20% to $882 million over the past 24 hours. This gives an optimistic token price outlook, with a retest of $0.9 expected to push the ADA price toward its 2021 peak of $3.0.
At the same time, according to Messari, mindshare is “high,” and FDV has surpassed $34.12 billion, indicating rising adoption of the smart contract platform. However, while a new ADA price ATH is feasible this cycle, a 10x gain might be a reach considering its large market cap of $26.7 billion.
Can the XLM Price Explode by 10X?
Following a 75% gain in the last thirty days, rookies might think the XLM price will always go up. However, a significant pullback is anticipated, which could push the altcoin from the current price of $0.41 toward its 30-day low of $0.23.
Meanwhile, interest is declining. According to Messari, mindshare is “medium,” giving a bearish token price outlook. Additionally, the XLM price is in the red on the weekly chart. Losing the $0.40 support could spark a decline toward $0.30 before an even bigger sell-off.
At the same time, technical indicators, notably the MACD and 20-VWMA, highlight rising selling pressure. While a rebound or a new XLM price ATH cannot be ruled out, the payment-based altcoin isn’t the best crypto to invest in due to its significant market size ($12.9 billion).
Unilabs Finance (UNIL) — Is This The Next 10X Crypto Play?
Unilabs Finance (UNIL) isn’t one of the top altcoins with limited upside potential, but a new and high-potential cryptocurrency. In just the sixth stage of the presale, it has surpassed $10.8 million in funding, positioning it among the top ICOs.
Currently, a token is significantly discounted at $0.0097 and is projected to skyrocket by 415% at the listing price of $0.05. Unsurprisingly, seasoned investors have been loading up the UNIL token and positioning themselves in what experts believe to be one of the best new cryptos to invest in.
Aside from its upside potential, Unilabs Finance’s novel AI Launchpad has been called a game-changer. This pioneering platform is designed to identify unconventional and early investment opportunities across promising narratives, such as AI, RWAs and DePIN. Despite its similarities to Virtuals Protocol, an AI launchpad with an $817 million market cap, UNIL has a competitive advantage due to its yield-sharing and governance features.
Closing Thoughts
Poised to explode after its much-anticipated debut, UNIL is one of the best new cryptos to invest in. Its appeal spans diverse narratives, notably AI and DeFi, making it more attractive. Meanwhile, at the current price of $0.085, UNIL is significantly discounted compared to the ADA price and XLM price.
For more information about Unilabs Finance (UNIL) visit the links below:
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Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
