The crypto markets have been pumped up since mid-August, and some altcoins are showing some improvement, once again gaining some momentum, with the XRP price outperforming top cryptos like Bitcoin and Ethereum. Ripple is one such rising coin and has risen by 1.15% to cross the psychological threshold of $3 and is currently trading around $3.01.
Some experts are sure that the XRP price could touch a new high of $3.50 by the end of September. However, some other market analysts are turning their attention to Unilabs Finance (UNIL), a new altcoin with significant utility and a strong gain potential, which is quickly helping its presales sell out.
A new digital asset management platform, Unilabs, has raised more than $13.8 million within months of its presale launch. In this article, we break down Ripple’s latest price gain while assessing if the UNIL token can outperform the XRP price rise and the broader market in the long term.
XRP Price Rises 1.21% In Bear Markets, Sparking Predictions Of A Jump To $3.50
Ripple has been going through a period of volatility, rising to a high of $3.3 in July from just $0.50 in November last year. The XRP price is facing strong forces due to its regulatory issues, as well as the potential launch of its ETF once the SEC gets around to reviewing all applications.
Source: CoinMarketCap
The XRP price is now trading at $3.01 per token, and its technical indicators are showing further gain potential. Trading experts believe this could be the beginning of a larger rally. Short-term momentum is trending towards bullish as bear factors failed to push the XRP price below the key $2.90 support.
With chronic turbulence and regulatory uncertainty, some investors are opting to diversify by adding on smaller projects with higher growth potential. One top project that has been gaining support is Unilabs Finance.
Unilabs Finance Aims to Offer Strong Utility
Unilabs Finance is the first-ever DeFi asset investment platform. The platform cashes in on the technical advances of AI and machine learning programs to design market analysis tools. It also offers four distinct funds that cater to varying risk preferences as well as cover diverse crypto projects.
The platform’s feature list includes access to exclusive, high-gain projects, transparent investments, and strong returns are helping it grow exponentially. Investors are flocking to get easy access to crypto launches that were previously reserved for institutional players.
Newer projects like Unilabs are stealing the spotlight for their innovation. With new speculation and shifting sentiment, these cryptos could be on the verge of a breakout rally.
Experts Back Unilabs As A High-Gain Option
Unilabs Finance is already getting attention from crypto investors and whales alike. Due to the project’s innovative features, Unilabs Finance is one of the top altcoins that could explode in the coming months. Many traders are also highlighting Unilabs Finance’s impressive passive income options that include staking, mining, as well as a multi-tiered referral mechanism.
Investors can currently stake UNIL tokens for a live APY (annual percentage yield) of up to 40%. Nearly 1.94 billion tokens have already been sold as investors showcase their confidence in the project’s future. Interested investors can purchase UNIL tokens for just $0.01 per token through the official Unilabs Finance website.
While Ripple may offer steady growth potential, Unilabs Finance’s smaller market cap and forward-looking use cases give it the kind of upside that could far surpass a simple 2x move, making it especially appealing to investors seeking bigger returns.
For more information about Unilab Finance, visit the links below:
Website: https://www.unilabs.finance
Social: Unilabs Telegram
Disclaimer: This media platform provides the content of this article on an "as-is" basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.
/div>