Ethereum's 50% Upswing in May Sparks a Market Structure Shift, Shib Inu (SHIB) and Unilabs (UNIL) Are Altcoins to Watch

After an underwhelming performance in the last four months, Ethereum's 50% upswing in May sparks a market structure shift. With ERC-20 tokens gathering momentum

After an underwhelming performance in the last four months, Ethereum’s 50% upswing in May sparks a market structure shift. With ERC-20 tokens gathering momentum, the Shiba Inu coin and Unilabs (UNIL) are altcoins to watch out for. Tipped to outperform top-10 altcoins like the Cardano coin, these are top DeFi tokens worth betting on.

For SHIB, the leading ETH memecoin, it appeals to both retailers and whales. On the other hand, UNIL is both fundamentally sound and promising: a novel AI-backed DeFi asset manager and a low-cap coin. The ongoing UNIL presale has become the talk of the crypto community, offering an opportunity to invest in the future of finance.

Unilabs (UNIL): A More Bullish Option Than the Cardano Coin?

Taking a bold approach, Unilabs (UNIL) will be the world’s first AI-backed DeFi asset management platform. With over $30 million in AUM (assets under management) spread across AI Fund, RWA Fund, BTC Fund and Mining Fund, UNIL is a new DeFi protocol on track to reshape finance.

While its native utility token is yet to debut, the ERC-20 token ticks several boxes and has been listed among the best AI coins to buy now. The project’s clear roadmap is also one of its many attractions, divided into four phases: building, market expansion, mainstream rollout and Zerg Rush. In addition to being the utility coin, other key use cases will include governance and staking.

At stage 2 of the presale, a token costs only $0.0051 and will hit $0.0062 in the next round. Significantly discounted, it has been selling out quickly, surpassing $740,000 in funding. Given its upside potential—its market cap is a fraction of the Cardano coin and Shiba Inu coin—UNIL is a good DeFi crypto to buy this year.

Shiba Inu (SHIB): Can it Flip $0.00008 and Register a New ATH?

The Shiba Inu coin has been among this month’s top performers, registering a high of $0.000017. While there has been a slight decline, it maintains the 20-day EMA and 20-SMA, trading above $0.000 .14.

With Ethereum leading this bull run, a Shiba Inu coin outperformance isn’t out of the question. This sentiment is echoed by top analysts, fueling bold Shiba Inu coin price predictions within the crypto community.

Leading experts on X, BanklessTimes, foresee significant growth for the Shiba Inu coin in the upcoming months, attributing this to increased activity on its Layer-2 network, Shibarium. Similarly optimistic, Army_Shiba forecasts a potential rise in the SHIB price to $0.000081 this year. However, considering previous rallies and SHIB’s significant growth, seasoned investors prefer new coins like Unilabs—a low-cap coin with higher upside.

Cardano (ADA): On the Rise

The Cardano coin is gathering momentum on the daily chart as of press time, aiming for a breakout above $0.7. With almost a 20% gain in the past month, it regains lost price levels, with further upswings on the cards.

Vito24all, a top analyst on X (formerly Twitter), highlights oversold signals, hinting at a bounce in the Cardano price. Meanwhile, CryptostarExpert is optimistic about a breakout above $0.83, which could ignite a big leap.

Moreover, moving averages suggest now might be a great time to buy, notably the 9-HMA. Despite this, growing interest in narratives like memes and AI means demand for Cardano (ADA) isn’t the same. UNIL, a new AI-DeFi coin, fits into the current meta, adding to its bullish outlook.

Unilabs (UNIL): A Low-Cap and Promising Gem Compared to Shiba Inu (SHIB) and Cardano (ADA)

Unilabs is both fundamentally sound and boasts staggering upside potential; it is perhaps a more compelling investment than the Shiba Inu coin and Cardano coin. As a low-cap AI coin, experts are optimistic about its outperformance, contributing to the presale selling out quickly.