While both the Solana price and XRP price might have peaked, Unilabs Finance (UNIL), a novel AI token, is just starting its run. After a 142% rally from its initial price of $0.004 in the first ICO round to $0.0097 in the sixth stage, a 415% gain is projected at the listing price of $0.05. Called the Solana and XRP killer, this might be the best new crypto to invest in this year.
Can the Solana Price Increase by 10X This Cycle?
Since its launch, according to CoinMarketCap, the Solana price has increased by over 20,000%. This means new retail investors aren’t early; they already missed the train. Earlier this year, during the meme frenzy, the Layer-1 coin reached a new ATH of $294 in January, with little room left to run.
After falling below $160 this week, the bulls have regained momentum, marked by a 30% surge in daily trading volume to $5.1 billion. The token price increased by 4% on the daily chart, soaring past $175. But at the current Solana price, can it pull a 10x gain?
As of press time, the coin’s market capitalization is over $90 billion, the sixth-largest cryptocurrency by size. Additionally, active addresses this past month have declined by 16%, suggesting dwindling interest and adoption of the smart contract platform. While a 2x increase in the Solana price cannot be ruled out, a 10x gain might be a stretch.
The XRP Price Retests $3; And So What?
After trading below $3 for most of the week, the bulls finally broke out with a 10% rally, pushing the XRP price above $3.3. However, smart investors are less concerned, as they are already doubling down on alternative altcoins with higher upside potential.
On the monthly chart, the XRP price has surged by 43%. However, technical indicators, notably the MACD and RSI, suggest it is in an oversold area. Some top analysts go so far as to say a bull trap is imminent, predicting a potential retest of its 30-day low of $2.20.
Meanwhile, the bulls losing momentum and the XRP price falling beneath $2.8 might be the start of its woes. Also, the token trading volume has skyrocketed by 180% to $230 billion over the past month, suggesting a potential pullback in the payment-based altcoin.
Unilabs Finance (UNIL) — New SOL and XRP Killer?
Unilabs Finance (UNIL) has quickly become the talk of the crypto community, hailed as the new SOL and XRP killer. Combining AI, DeFi and TradFi, it is backed by a strong narrative. Additionally, its upside potential as a new altcoin and top ICO is astounding, positioning it as the best new crypto to invest in this year.
As the world’s first AI-backed DeFi asset manager, industry experts believe massive adoption is inevitable. On track to capture at least 0.1% of traditional hedge fund capital, analysts have drawn a parallel with top DeFi protocols like Hyperliquid.
However, it could outperform HYPE, a leading DEX with a $14 billion market cap. Its key advantages include periodic airdrops to investors, yield-sharing (30% of total platform fees) and governance features. And with a massive 415% gain projected on the launch date at $0.05, it is no surprise experts have called it the best new crypto to invest in.
Closing Thoughts
With interest and demand skyrocketing, the UNIL presale has exploded past $12.1 million in funding. Despite the slight upside in the XRP price and Solana price, their long-term outlooks are not promising. Meanwhile, Unilabs Finance (UNIL) is considered the best new crypto to invest in due to its growth prospects and interesting blend of AI, DeFi and TradFi.
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.
