Cardano Stalls But SHIB and UNIL Could Be The Next Big Runners – 2 Reasons Why They Are Significantly Discounted

The Cardano price stalling means your limited capital is better utilized in other high-potential altcoins. With the Ethereum ecosystem set to be the biggest gainer in the coming months, the SHIB coin and Unilabs Finance (UNIL) are at the top of the ERC-20 tokens list. Their growth prospects and budget-friendliness are some of their biggest attractions, with UNIL’s blend of AI and DeFi making it more appealing. 

How Much Further Down Can the Cardano Price Go? 

The Cardano price stalled following a 10% decline in the weekly timeframe. As momentum drops, the Layer-1 altcoin hovers around $0.71, with investors fearing further decline toward lower price levels. 

Meanwhile, technical indicators suggest now might be a great time to sell, highlighted by the bearish MACD level and 9-HMA. TradingPuzzles’ price prediction further adds to the token’s bleak outlook. According to their forecasts, as long as the Cardano price remains below $0.7, there is a high chance of a potential decline toward $0.64 and $0.55. 

On the other hand, according to Messari, mindshare is high, giving an optimistic outlook. A breakout above $0.8 could ignite a run toward its 30-day high of $0.92 and potentially spark a significant rebound in the Cardano price. 

The SHIB Coin Could Be The Next Big Runner 

While memecoins have been largely underwhelming this quarter, things are about to change. The SHIB coin, leading the meme narrative on the Ethereum blockchain, is a promising play on the experts’ ERC-20 tokens list. 

Down 85% from its 2021 ATH of $0.000088, the dog-themed cryptocurrency has plenty of room to run. That isn’t all. It is budget-friendly, with a SHIB coin going for just $0.000012 following an 8% dip in the weekly timeframe. 

Bulls pushing the SHIB coin toward its 30-day peak of $0.000015 is expected to spark FOMO. Moreover, daily trading volume is increasing, up 30% and exceeding $200 million, which could ignite a big leap in price in the coming days. 

Unilabs Finance (UNIL) — Significantly Underpriced and Undervalued  

At $0.0097, experts consider the Unilabs Finance (UNIL) token a steal. Since debuting in presale at $0.004, the price has increased by 142%, although new investors still stand to gain a 415% return at the listing price of $0.05. With more gains anticipated this year after its listing, it has staggering potential on the experts’ top ERC-20 tokens list. 

Meanwhile, as the first AI-backed asset management platform for digital assets, analysts have drawn a parallel with DeFAI protocols like Derive (DRV) and Supra (SUPRA). While these protocols are valued around $50 million, Unilabs Finance’s competitive edge is its redistribution of 30% of the total platform-generated fees to users. 

Other incentives to holding include staking rewards, periodic airdrops and governance rights, driving more demand. Underpriced and undervalued, a token costs only $0.0097 in the sixth ICO stage, with a staggering $11.4 million raised in early funding. 

Closing Thoughts 

As the Cardano price stalls, experts have drawn up an ERC-20 tokens list of high-potential altcoins. On this list are the SHIB coin and the UNIL token, significantly undervalued and underpriced. By combining AI, DeFi and TradFi, Unilabs Finance (UNIL), the world’s first decentralized asset manager, is both fundamentally solid and promising. 

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

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