A press release on August 10 announced the closing of a $500 million private placement offering, which supports a BNB-focused treasury strategy and is bullish for the BNB coin. Meanwhile, whales are stacking up Hyperliquid and Unilabs Finance (UNIL), indicating an expected surge in the HYPE price. UNIL, a new AI token, also stands out as one of the best DeFi coins to invest in.
Is a New BNB Coin ATH on the Radar
After recording an all-time high of $859 in July, the BNB coin might be set for another high following news of a BNB reserve. In recent development, the closing of a $500 million private placement offering, spearheaded by YZi Labs, supports a BNB-focused treasury strategy.
With a new all-time high on the horizon, this DeFi token is one to watch. The BNB coin has seen a significant increase in value, rising by 6% over the past week and 18% in the last month, reaching a price of $813.
The bulls pushing the BNB coin above $850, toward its 30-day high, plus strong volume, could ignite price discovery. Furthermore, a 20% increase in trading volume over the last 24 hours, reaching $2.7 billion, indicates growing momentum.
Can the HYPE Price Reach $100 This Year?
Surprisingly, the HYPE price has outperformed this year. And with demand growing and a “very high” mindshare, it is poised for an even more significant uptrend this bull cycle. On the yearly chart, the Layer-1 token exploded by over 1,200% and is up by almost 15% over the past seven days.
Meanwhile, according to DeFiLlama, the TVL has risen to $587 million and fees in the past 30 days have surpassed $100 million, signaling growing adoption of the decentralized perpetual exchange. Amid growing interest, the HYPE price could surpass July’s ATH of $49.86.
Holosas, strong in their conviction, see the Layer-1 coin ranging between $125 and $128—a “fair value” according to them. At the current HYPE price, investors might be getting a good entry.
Unilabs Finance (UNIL) — How High Can It Go Post-Launch as Early Funding Crossed $12.7 Million?
Unilabs Finance (UNIL) has been among the best performers since its debut on the ICO block. With over 1.8 billion tokens sold in presale and $12.7 million raised in funding, this massive investor interest could be a major catalyst for explosive growth.
At the same time, its DeFAI narrative also presents a bullish outlook. While it shares similarities with AITECH, a Web3 AI infrastructure with a $63 million market size, Unilabs Finance (UNIL) has several key advantages. It could outperform due to its integration of TradFi, as experts predict it could attract substantial traditional hedge fund capital.
In addition, a whopping 30% of the total fees generated by the platform will be shared among token holders, alongside periodic airdrops. As the pioneering AI-backed decentralized asset manager, its immense upside potential makes it one of the best DeFi coins to invest in.
Closing Thoughts
The UNIL token is programmed to skyrocket by 415% at the listing price of $0.05, making the current price of $0.0097 in the sixth ICO stage a good entry. Considered one of the best DeFi coins to invest in, its AI integration and blend with TradFi further add to its bullish outlook. Although the BNB coin price and HYPE price are set to soar higher, this AI token is a more promising alternative.
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