SHIB Set for Next Leg Up as ETH Nears Breakout; This Protocol Sparks Excitement as The First AI-Backed DeFi Asset Manager
3 min read
While current market conditions favor Bitcoin, an altseason is just around the corner. The Shiba Inu coin is set for its next leg up after a slight decline, positioning it among the altcoins to watch. At the same time, the Ethereum price is approaching a breakout. Also at the heart of the current market buzz is Unilabs (UNIL) . As the first AI-backed DeFi asset manager, UNIL has been dubbed the future of decentralized finance. It will employ advanced machine learning models, optimizing portfolio allocation and yield generation to provide retailers with institutional-grade asset management. As the presale kicks off, experts believe it is among the best AI coins to buy now. Unilabs (UNIL): The First DeFi Asset Manager Backed By Artificial Intelligence Unilabs (UNIL) is a new DeFi protocol at the heart of the current market buzz. It will be different from conventional platforms as it will integrate artificial intelligence—the first AI-backed DeFi asset manager with over $30 million in AUM (asset under management). At its heart will be the UNIL token, currently in presale but selling out fast. Unlike existing DeFi protocols, Unilabs will be a gamechanger as it will intersect with traditional finance and be backed by artificial intelligence. Its utility coin, UNIL, will perform several functions within the ecosystem, notably governance and staking. Other perks of holding the token are tiered rewards, dividends and yield sharing (holders will receive a share of platform-generated profits) and periodic airdrops of tokens from projects launched on the launchpad. Meanwhile, as a low-cap, its upside is higher than large caps like the Shiba Inu coin, not to mention its budget-friendliness compared to the current Ethereum price. Following a surge in demand, early funding has crossed $600,000, with a token priced at $0.0051 in stage 2 of the ICO. Given the growing interest in AI and the intersection between decentralized and traditional finance, Unilabs is among the top DeFi tokens to buy. Shiba Inu (SHIB) Gathers Momentum For Next Jump The Shiba Inu coin retails around $0.000014, recording a 15% gain on the 30-day chart. It registered a monthly peak of $0.000017 in the past week, suggesting the start of a market shift. The evident bullish indicators, like the neutral RSI and Ultimate Oscillator, hint at a future rally in the Shiba Inu coin price. At the same time, experts believe the leading ETH memecoin is set for its next leg up—one of the altcoins to watch. CW8900, popular on Crypto Twitter, believes SHIB is on the verge of a short-term convergence breakout: $0.000017 as their next target. A similar sentiment is shared by Ssistar59, highlighting a Shiba Inu coin price rally toward $0.00002. Given the above, it is among the best altcoins to buy, not to mention its budget-friendliness. However, considering the rising demand for utility-based tokens and new cryptos with potential, Unilabs could be a better alternative. As an emerging AI token, UNIL hitting billions in market cap means early investors would make a substantial gain. Ethereum (ETH): Approaching a Breakout Above $3,000 After an underwhelming performance this quarter, the Ethereum price jumped 50% in the past month. At the time of writing, it trades above $2,300, with a retest of its 30-day high of $2,700 expected soon. A breakout above $3,000 is also on the cards, making the current Ethereum price a good entry. At the same time, the MACD Level and Bull Bear Power suggest a significant jump in the value of the DeFi protocol. Also, optimistic Ethereum price predictions have been making the rounds, boosting investor confidence. Crypto_Scient, a trader and analyst on X (formerly Twitter), targets a push above $3,000 before any downturn. Meanwhile, Bitt_Belle sees the Ethereum price soaring as high as $4,000, closer to its 2021 all-time high of $4,800. However, as the largest altcoin by market size, ETH’s upside is limited, making Unilabs, a new DeFi project, more attractive. Unilabs (UNIL): A Top DeFi Project Alongside Ethereum (ETH) and Shiba Inu (SHIB) Unilabs, the first AI-backed DeFi asset manager, could potentially reshape the decentralized finance scene. Its utility coin, UNIL, an ERC-20 compatible token, has been considered by experts among the best altcoins to invest in. Despite the anticipated jump in the Shiba Inu coin price and key indicators hinting at a bounce in the Ethereum price, UNIL could outperform. For more information about Unilabs (UNIL) visit the links below: Buy Presale Website Telegram The post SHIB Set for Next Leg Up as ETH Nears Breakout; This Protocol Sparks Excitement as The First AI-Backed DeFi Asset Manager appeared first on TheCoinrise.com .

Source: The Coin Rise