Ethereum Foundation Sells $31.5M ETH; Analysts Look Beyond Possible Fluctuation to These 2 High-P...

The Ethereum Foundation doesn’t seem to be easing off its ETH sell-off; the latest was a $31.5 million sale, which could impact the Ethereum price. Without ruling out a possible fluctuation, analysts have been doubling down on DOGE and Unilabs Finance (UNIL). While the Dogecoin price could go parabolic soon, UNIL is considered the best new crypto to invest in due to its blend of AI, DeFi and TradFi

Is the Ethereum Price Poised for a Pullback?

The Ethereum price crossed $4,700 this week, but the Ethereum Foundation has been quietly selling off ETH. According to recent reports, $31.5 million in ETH was sold this week, coinciding with Monday’s record $1 billion in ETF inflows

Is a pullback on the horizon? Following the 30% Ethereum price rally on the weekly chart and a 60% gain over the past 30 days, a correction can’t be ruled out. Moreover, momentum has been declining, as shown by the unimpressive daily trading volume

Additionally, according to IntoTheBlock, there has been a decreasing netflow of $296 million over the past seven days, signaling increasing sales. While the Ethereum price is bound to break out above the 2021 high of $4,891, we might witness a pullback first before a bounce

Is the Dogecoin Price Ready for Its Big Leap?

The Dogecoin price soared by 30% over the past month, hovering above $0.25 from a 30-day low of $0.18. Momentum has been rising, evident in the 50% increase in the daily trading volume to $4.28 billion

JMarks, unrelenting in their optimistic Dogecoin price prediction, eyes $1.20 this cycle. If this forecast plays out, the dog-inspired crypto will trade significantly above its 2021 ATH of $0.73, making it a top pick this year

Meanwhile, according to Messari, mindshare is high, suggesting growing investor interest. A retest of $0.28 is expected to push the Dogecoin price above $0.35, a move experts believe could play out in the coming days

Unilabs Finance (UNIL) — What Makes it the Next Big Thing?

Unilabs Finance (UNIL) is unique in the sense that it combines three of the most bullish narratives: AI, DeFi and TradFi. At this crossroads, it has been hailed as a game-changer, with its unique offering revolving around a novel AI-backed DeFi asset manager

Moreover, as a presale token, it is significantly undervalued and heavily discounted, currently available at $0.0097 in its sixth ICO stage. With a 415% gain programmed at the listing price of $0.05, it is arguably the best new crypto to invest in—a better alternative than top altcoins with large market caps

Moreover, over $12.8 million has been raised by the team in funding, highlighting massive investor interest. Key features of this decentralized asset manager include a self-custodial asset vault and a cross-chain trading hub (users can trade across multiple blockchains). Hence, it edges out Uniswap, a leading DEX on Ethereum with a $7.5 billion market size and stands out more thanks to its yield-sharing strategy and periodic airdrops

Closing Thoughts

While the Ethereum price faces a potential downtrend, the Dogecoin price is poised to explode amid rising momentum. At the same time, UNIL, a fast-growing AI token, is seen as the best new crypto to invest in due to its strong growth potential and connection to traditional finance (TradFi)

For more information about Unilabs Finance (UNIL) visit the links below:

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