The Solana price might be bound for further downturns, but don’t fret: there are still plenty of market opportunities. While the RSI data suggests a downturn in the SOL price, Unilabs Finance’s UNIL is rallying behind the scenes and the Shiba Inu price is primed for a significant gain. Time to pivot?
Unilabs Finance (UNIL), a novel DeFi protocol that intersects with traditional finance and integrates AI, might be this year’s biggest breakout project. As the first DeFi asset management platform, adoption is imminent, positioning its utility token, UNIL, among the best new cryptos to invest in.
Will the Solana Price Tumble Further?
The past few weeks have been a wild ride for SOL holders. On the monthly chart, the Solana price registered a high of $205 but hovers around $180 at the time of writing. The market cap maintains the $100 billion level, but with a notable 6% decline in trading volume.
However, the neutral 14-day RSI data signals a potential decline in the Solana price. Further adding to this bearish SOL forecast are the 10-EMA and 10-SMA, giving strong sell signals.
Nevertheless, Token Terminal reports a token trading volume (weekly) of $2 trillion and over 70 million monthly active addresses. These indicators paint a bullish SOL trajectory despite the recent decline in the Solana price.
The Shiba Inu Price Could Hit New ATH This Cycle
There won’t be an altseason with no meme frenzy, with the Shiba Inu price primed to explode. Although the meme token isn’t among the best new cryptos to invest in—it is an OG after all—its retail appeal and budget-friendliness make it a good pick.
Alongside other top DeFi tokens and memcoins, the SHIB price saw a slight 10% increase. However, on the yearly chart, it is down over 15%, highlighting room to run. Despite the substantial 15% decline in trading volume and the SHIB market cap falling to $7.8 billion, bold Shiba Inu price predictions have been flying.
JavonTM1, popular for their bullish stance on the leading ETH memecoin, identified a large inverse head and shoulders pattern. Signifying notable strength, they predict a 5x jump and a rally to $0.000081, dubbed a bold Shiba Inu price prediction.
Unilabs Finance (UNIL) – A Novel AI-Backed DeFi Asset Management Platform and Crypto Alpha
Unilabs Finance (UNIL) isn’t just a DeFi platform; it is pioneering the next evolution of projects at the intersection between traditional and decentralized finance. Backed by artificial intelligence, it will be the first AI-backed DeFi asset management platform in the world.
As a pioneer, it has no peer, although its DeFi and AI features draw comparisons to Hyperliquid and NEAR Protocol, respectively. While Hyperliquid has a TVL of $517 million according to DeFiLlama and NEAR has a 36% monthly increase in trading volume ($7.5 billion), Unilabs Finance (UNIL) edges out with its governance features.
In addition to having a voice on key decisions like project listings and fund strategies, holders can maximize gains via staking and redistribution of profits generated by the platform.
Meanwhile, to accommodate diverse investor profiles, the DeFi protocol will feature four distinct fund options: AI, BTC, RWA and Mining.
Closing Thoughts
The potential decline in the Solana price due to the neutral 14-day RSI data shifts focus to more promising altcoins. UNIL, a presale token in the fourth ICO stage at $0.0074, is among the best new cryptos to invest in. Another smart pick might be the leading ETH memecoin, with experts throwing out bold Shiba Inu price predictions.
For more information about Unilabs Finance (UNIL) visit the links below:
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