Unilabs (UNIL), the world's first AI-backed asset manager for crypto, intends to reshape DeFi; the XRP coin is up 10%, while the Dogecoin price could cross $1 this year.

Artificial intelligence remains one of the hottest narratives in the crypto scene, driving massive demand for emerging DeFAI projects. Unilabs (UNIL), the world's first AI-backed DeFi asset manager, is at the heart of the current market buzz, dubbed the future of finance.

Crypto News Edition - Friday, August 18, 2023Unilabs Is World’s First AI-Backed Asset Manager For Crypto; Aiming To Reshape DEFI

The term “artificial intelligence” is one of the hottest narratives in the crypto scene right now, driving massive demand for emerging DeFAI projects. Among the latest projects in the spotlight is Unilabs (UNIL), the world’s first AI-backed DeFi asset manager, which is being dubbed the future of finance. Poised for massive adoption, experts believe it is a more promising alternative than XRP and DOGE.

Currently in presale, the AI coin offers a lower entry than Dogecoin—a more pocket-friendly altcoin. Given the historic outperformance of ICO tokens, investors have been trooping in, pushing early funding past $740,000 in record time.

Unilabs: Latest AI token in the spotlight

Unilabs is the first AI-backed DeFi asset manager designed to democratize access to institutional-grade investment analytics and portfolio management tools. This platform seeks to empower retail investors and open up ventures once reserved for institutional players—leveling the playing field for greater inclusivity.

The UNIL token will be the heart of the ecosystem, functioning as the native utility and governance coin. As a presale token, it has higher upside potential than XRP and is more budget-friendly than Dogecoin, making it a hot pick for investors. It is also expected to appreciate more in the coming months, especially with the token's price increasing at regular intervals as the presale progresses.

Another key feature of the UNIL token is staking, which secures the platform and in exchange, stakers are offered interesting incentives. Additional perks for holding include periodic airdrops of tokens from projects launched on the Unilabs launchpad and exclusive access to high-potential investment opportunities.

At the same time, the UNIL token unlocks advanced functionalities within the ecosystem. Users can vote on proposals that impact the future development of the platform.

Ripple: 10% uptick in the past 30 days

The XRP price is above $0.23, recording a 10% monthly gain. While the last few days have been underwhelming, bulls are maintaining the 20-EMA and 20-SMA. Meanwhile, Momentum (10) and the Bull Bear Power—both bullish technical indicators—hint at a bounce in the XRP coin price.

At the same time, optimistic XRP price predictions have been flying within the crypto community, boosting investor confidence. XRoyalty, a top analyst on X, hints at the payment-based cryptocurrency crossing $5 and $7 this year.

DefendDark, another leading expert, suggests the XRP price could cross $5.85 upon breakout, positioning it among the best DeFi tokens to buy this cycle. However, the smart money is betting more on emerging AI tokens and projects, linking them to their immense upside potential and solid narratives.

Dogecoin: Can bulls push price above $1?

Despite the red candle on the weekly chart, the Dogecoin price is up 40% in the past 30 days. It changes hands above $0.22, with the bulls aiming for a retest of $0.25, its monthly high, next.

A breakout above the 30-day high could spark a jump toward $0.3. Moreover, moving averages like the 9-HMA and 20-VWMA hint at a bounce in the Dogecoin price. At the same time, MathmoneyX, a crypto expert, predicts the Dogecoin price could reach $1 this cycle—a base case—and range between $5 and $6 in a bull case.

Considering this bold Dogecoin price prediction, it is a top crypto to buy this year. However, the best DeFi tokens to buy might be new and emerging projects with plenty of room to run—DOGE’s significant market size leaves limited room to run.

Unilabs: sharing the spotlight with dogecoin and ripple

Listed among the best AI coins to buy now by experts, Unilabs might be a bullish wave worth surfing this cycle. At $0.0051 in stage 2 of the ICO, it is more budget-friendly than Dogecoin and has higher upside than XRP.

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