The ETH price is one green candle away from a new high, potentially igniting a bull run. And how best can you make the most of the market? Crypto analysts suggest loading up the Shiba Inu coin, the biggest memecoin on the Ethereum blockchain and Unilabs Finance (UNIL), the first AI-driven DeFi asset manager. As a presale and fast-rising AI token, UNIL is considered one of the best cryptos to invest in.
New ETH Price ATH Soon?
Following a 30% rally over the past seven days, the ETH price is just a hair’s breadth away from a new high. Even more impressive is the 55% surge on the monthly chart, pushing the Layer-1 coin above $4,700.
With the daily trading volume increasing by 10% over the past 24 hours to $63 billion, the bulls reaching a new ATH might happen sooner rather than later. Breaking out above $4,800 could push the ETH price above the 2021 peak of $4,891, potentially igniting a bull run and altseason.
Moreover, generated revenue in the past month has increased by 45% to $23 million, signaling growing adoption of the smart contract platform. Additionally, the number of active addresses over the past 30 days has surged by 22% to 9.1 million, suggesting rising investor interest and presenting a bullish ETH price outlook.
Is the Shiba Inu Coin a Promising Bet This Year?
As the biggest memecoin on the Ethereum blockchain, only a few beat the Shiba Inu coin in terms of potential. Further contributing to its bullish outlook is the 80% decline from its 2021 high of $0.000088, suggesting plenty of room to run.
Meanwhile, the dog-themed cryptocurrency witnessed a 10% gain on the 30-day chart, trading at around $0.00014. Recording a 35% surge in daily trading volume, next on its list might be a retest of $0.000015, its monthly high, placing the Shiba Inu coin among the altcoins to watch.
At the same time, RichXCult, a leading expert on Crypto Twitter, targets a run toward $0.0000147 and $0.000016, citing strong RSI and volume. With ETH primed for a breakout and price discovery, the Shiba Inu coin is among the best cryptos to invest in.
Unilabs Finance (UNIL) — An Undervalued AI-DeFi Gem Below $0.01
Unilabs Finance (UNIL), a new ERC-20 and AI-DeFi token, intersects with TradFi. Aiming to challenge the traditional financial markets, it will be the first decentralized asset management platform driven by artificial intelligence.
Given its solid fundamentals and real-world applications, analysts consider it primed for adoption, positioning it among the best cryptos to invest in this year. Moreover, at $0.0097 in the sixth stage of the ICO, it is ridiculously underpriced and a steal.
Meanwhile, early funding has surpassed $12.8 million in record time as investors stack up what might be the next big thing. Although a parallel has been made with Supra, a DeFAI protocol with a $73 million market cap, Unilabs Finance (UNIL) could outperform due to its governance features, staking rewards and periodic airdrops to users.
Closing Thoughts
As the ETH price nears a new high, high-potential altcoins worth stacking up are the Shiba Inu coin and UNIL token. Trading significantly below its 2021 peak, SHIB has plenty of room to run. Meanwhile, UNIL is programmed to skyrocket by 415% upon launch at the listing price of $0.05, making it one of the best cryptos to invest in.
For more information about Unilabs Finance (UNIL) visit the links below:
Keywords: best cryptos to invest in, ETH price and Shiba Inu coin.
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