Ethereum Price Fluctuation: Whales Bet on SHIB and Unilabs
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Ethereum (ETH) recently retested the $2,500 mark after reaching a weekly high of $2,700, leaving analysts divided on its next move. Some predict a bounce above $3,000, potentially even reaching $6,000, fueled by factors like BlackRock's ETH ETF filing and increasing institutional interest. Others anticipate a drop to the $2,000-$2,100 range before a significant surge toward $10,000. Meanwhile, significant whale activity is observed in two ERC-20 tokens: Shiba Inu (SHIB) and Unilabs (UNIL). SHIB, a leading memecoin, is experiencing increased trading volume and bullish technical indicators, with price predictions ranging from $0.000048 to a more ambitious $0.00017. Unilabs (UNIL), a novel AI-powered DeFi asset manager, is attracting attention due to its solid fundamentals, including over $30 million in assets under management spread across four funds and a transparent, secure platform. The platform offers features like an AI Market Pulse for real-time analysis and AI-powered portfolio management. With its ICO underway and early funding exceeding $1.1 million, Unilabs is considered a promising investment with potentially high returns, especially compared to the current volatility of ETH and SHIB. The article highlights Unilabs as a potentially more compelling alternative for investors seeking higher upside potential, given the uncertainty surrounding ETH's short-term price trajectory. Experts label UNIL as one of the best new DeFi cryptos and best AI coins to buy, offering a compelling narrative for growth in a market showing signs of both potential and risk.