The SEC dropping its appeal to the Ripple case last week saw the XRP price shoot up. Traders flocked in to take advantage of the momentum. Nevertheless, the uplift did not last long as the XRP price fell down the chart.
In the meantime, Unilabs is taking the spotlight as the best crypto to invest in. With AI-driven features, earning opportunities, and a $30M AUM, Unilabs offers unmatched upside potential. The value of its native token, UNIL, has risen to $0.0097 and could climb further in the coming days.
Ripple (XRP) Whales Buys 320M XRP
Since the 4-year-long legal battle between the SEC and Ripple ended, there has been a massive spike in whale interest. As a recent tweet by on-chain chartist Ali Martinez indicates, these large investors have purchased more than 320 million XRP within 72 hours.
This accumulation is an indicator of favorable institutional interest, which could drive the XRP price to a new high in the near future. In the meantime, the XRP price is consolidating within a narrow range, $3.10-$3.35 on the 7D timeframe.
Bullish momentum appears low at the moment. According to CoinMarketCap, the value of Ripple has increased by only 1.4% in the past week. A look at the 24H timeframe shows the XRP price has dipped by 5.0%.
Whales might be taking advantage of this decline to increase their Ripple holdings. On the technical side, the RSI is at 59, signaling a neutral market. However, the ADI flashes a sell sign, which means bullish momentum is weak.
So, the XRP price could drop lower in the coming days, with the 50-SMA ($2.87) being a potential target. On the flip side, analysts expect the XRP price to pull off a rebound. A trader, Tryrex, has taken a long position on Ripple.
He believes the recent pullback will not last and expects the Ripple coin price to rally towards $3.48. In the meantime, the crypto community thinks that a Ripple spot ETF may be approved by the US SEC in September. If approved, the XRP price might see more upside movement.
Unilabs (UNIL) Leads AI-Driven Growth in the DeFi Sector
Unilabs is one of the most promising AI-powered asset management platforms in the DeFi market right now. The project is receiving a lot of investor interest with its presale generating more than $12.8 million. Statistics reveal that the DeFi market might be worth $231.19 billion by 2030.
To take advantage of this potential, Unilabs has AI-driven tools that allow users to identify profitable opportunities with just one click. Such tools make the protocol appealing to both seasoned and novice investors.
Standout Features Driving Investor Interest
The Early Access Scoring System (EASS) and Memecoin Detection are two of the most powerful features in its arsenal of advanced tools. EASS uses AI technology to assess and rank new crypto projects according to liquidity, market sentiment, and credibility of the development team. This assists investors to identify high potential opportunities before they go mainstream.
In the meantime, the Memecoin Detection tool searches the market to identify promising meme tokens at an early stage based on liquidity, virality, and listing opportunities. At a time where memecoins can produce exponential returns in a matter of days, having AI-powered identification gives Unilabs users a competitive edge.
Compared to Ripple, Unilabs’ UNIL offers strong upside potential. Backed by AI-driven tools, up to 122% APY staking, and referral rewards, it is positioned as a high-growth DeFi asset for investors seeking innovation and profits.
Final Thoughts On Why Unilabs Might Be The Best Crypto To Pick
The XRP price is currently on a short-term loss, making Unilabs the crypto to watch. The protocol’s solid fundamentals, AI-based funds and explosive growth potential could push it above competition. So, investors looking for the next blue-chip crypto could join Unilabs’ ongoing cryptocurrency ICO to get in at a low price.
Discover the Unilabs Presale:
Presale: https://www.unilabs.finance/
Buy Presale: https://buy.unilabs.finance/
Telegram: https://t.me/unilabsofficial
Twitter: https://twitter.com/unilabsofficial
This article is not intended as financial advice. Educational purposes only.
