Despite the “sell in May and walk away” narrative, the month has performed best in Q2

While the spotlight is on top crypto coins like Cardano (ADA) and Ripple (XRP), emerging AI coins like UNIL are also on investors’ radars.

Despite the "sell in May and walk away" narrative, the month has performed best in Q2. May saw some of the best crypto gains this year, with Cardano up over 15% in the past month and XRP price shy of a breakout above $2.5.

This follows a 35% drop from 2018’s all-time high of $3.84, presenting a good buying opportunity. A retest of $3 is expected to fuel its jump toward a new peak, contributing to the growing retail and whale interest. Meanwhile, experts have been making bullish price forecasts, boosting confidence.

XRoyalty, a top analyst on X, hints at the XRP price ranging between $5 and $7 this year.

"This bull run is heating up. Next price targets:

BTC: 120k-180k

ETH: 2.5k-4k

ADA: 1.7 - 2.4 (This month)"

Another analyst, AltcoinRobin, has $7 as their XRP price target this year.

"Still holding my 2023 altcoin price targets. These are REALSITC [sic] prices according to TA. Not FOMO."

However, considering the small market size of UNIL as a new AI token, it could outperform this cycle.

One of the Best AI Coins to Buy Now: Unilabs (UNIL)

Unilabs (UNIL) might be a new name at the crossroads between TradFi and decentralized finance but its unique offering sets the stage for adoption.

As the world’s first AI-backed DeFi asset manager, the hype might be worth it after all. At the same time, the ongoing UNIL presale leads at the front in the ICO scene.

With DeFi growing rapidly, it creates a vibrant yet complex market filled with opportunities and challenges.

How does this protocol intend to address these problems? Through UNIL’s proprietary AI Launchpad, the protocol can identify unconventional investment opportunities within the crypto market. At its heart are advanced machine learning algorithms and real-time analytics for scanning early projects with staggering potential.

Through sentiment analysis, deep financial modeling and comprehensive tokenomics assessment, this platform swiftly filters market noise for standout investment opportunities. Hence, at $0.0051 in stage two of the presale, the UNIL token might be one of the top DeFi tokens to buy, potentially surpassing the current Cardano price and XRP price.

Cardano (ADA): Bulls Target a Break Above $1

Following a 15% monthly gain, the Cardano price is above $0.74. Despite the slight decline from its 30-day peak of $0.86, it is set for a bullish recovery. Moreover, a jump above $1 might play out sooner than expected if the current market condition is anything to go by.

With BTC above $105,000, not to mention key technical indicators like the 9-HMA and Bull Bear Power, the Cardano coin is set for a substantial leap. At the same time, analysts have been throwing out bold Cardano price predictions. CswapIntern anticipates a rally toward $1.7 and $2.4 this month.

"This bull run is heating up. Next price targets:

BTC: 120k-180k

ETH: 2.5k-4k

ADA: $1.7 - $2.4 (This month)"

Meanwhile, Icewallowcrypto sees the Cardano coin price hitting $4 this year—one of the best altcoins to invest in. However, Unilabs, a new DeFi protocol that intersects with TradFi and integrates AI, might be this year’s breakout project.