Instead of waiting for an XRP price breakout, a solid strategy might be investing in more high-potential altcoins. The HYPE coin and Unilabs Finance (UNIL) are on whales’ radars and on the list of the best cryptos to invest in, making them top picks. Moreover, UNIL combines diverse narratives (AI and DeFi), contributing to its appeal and upside potential.
Is an XRP Price Breakout Near?
The XRP price has been consolidating between $2.7 and $3 this week, signaling a potential breakout. The bulls regaining $3.2 will no doubt improve confidence and could ignite a rally toward its monthly high of $3.6.
On the other hand, a downswing toward $2.5 could spark a significant decline in the XRP price. Considering the dwindling momentum and trading volume, which is down by 20% over the past 24 hours, the token’s price outlook is somewhat bleak.
However, according to Messari, mindshare is high, suggesting a rebound in the XRP price. BTC’s next movement will be pivotal in the future trajectory of this payment-based altcoin, although bold price predictions haven’t stopped rolling in from the community.
Can the HYPE Coin Break Into the Top 5?
The HYPE coin is one of the top altcoins today. With a market cap of $12 billion, it ranks among the top 15, although it could break into the top 5—according to some experts, at least.
On the yearly chart, the HYPE coin price skyrocketed by 1,000%, showing strength. The Layer-1 coin created a new ATH in July after crossing $49, although it has since retraced back to $38. Nevertheless, a bounce is quickly unfolding and it is considered one of the best cryptos to invest in this year.
Meanwhile, DEX volume over the past 24 hours has surpassed $535 million. Further contributing to its bullish outlook is Messari’s “very high” mindshare. With the HYPE coin set for price discovery, it is a promising wave not to miss.
Unilabs Finance (UNIL) — Why This is One of the Best Cryptos to Invest In
Unilabs Finance (UNIL) has made headlines this year, notably for its unique narrative and its presale crossing the $10 million fundraising milestone in record time. Combining AI, DeFi and TradFi, the protocol is groundbreaking and is hailed by experts as the next big thing. At the same time, its upside potential as a top ICO is staggering.
As an AI-backed DeFi asset manager, it has emerged as an alternative to conventional financial markets. Unlike traditional platforms, the Unilabs Finance AI Launchpad will employ advanced machine learning algorithms and real-time analytics to scan the crypto market.
Instead of focusing on popular assets, thousands of early projects with exceptional potential will be identified, positioning users for optimal gains. This early identification will be one of its key advantages, drawing comparison to leading DEXs like Jupiter. While JUP has a market cap of $1.4 billion, UNIL could outperform and attract more users because a significant 30% of the fees generated by the platform will be redistributed to users.
Closing Thoughts
This post gives insight into the XRP price outlook and why the HYPE coin and UNIL token might be more promising alternatives. At $0.0097, UNIL is heavily discounted and undervalued, putting it on the list of the best cryptos to invest in. With over $11.9 million raised in funding and a 415% gain expected on the launch date, it is a promising play not to miss.
For more information about Unilabs Finance (UNIL) visit the links below:
This article is not intended as financial advice. Educational purposes only.
