Ethereum Foundation Dumps $31.5M ETH—Here Are 2 Altcoins Analysts Say Could Skyrocket Anyway
Ethereum’s biggest backer just made a move that’d send traditional finance bros into a spiral—but crypto’s playing a different game.
Why the sell-off doesn’t matter
Markets blinked when the Ethereum Foundation offloaded $31.5M worth of ETH. Meanwhile, degens barely looked up from their charts. Volatility? Expected. Opportunity? Always.
Altcoin pick #1: The Ethereum killer that’s actually delivering
Hint: It’s not the usual suspect. This chain’s got devs shipping real-world adoption while ETH maxis argue about gas fees.
Altcoin pick #2: The AI token Wall Street hasn’t figured out yet
Combines two things hedge funds love to overcomplicate: machine learning and blockchain. Too bad they’re still writing PowerPoints about Bitcoin.
Bottom line: Smart money buys the dip. Smarter money bets on what’s next. (And the smartest? Probably shorting bank stocks right about now.)
Is the Ethereum Price Poised for a Pullback?
The ethereum price crossed $4,700 this week, but the Ethereum Foundation has been quietly selling off ETH. According to recent reports, $31.5 million in ETH was sold this week, coinciding with Monday’s record $1 billion in ETF inflows.
Is a pullback on the horizon? Following the 30% Ethereum price rally on the weekly chart and a 60% gain over the past 30 days, a correction can’t be ruled out. Moreover, momentum has been declining, as shown by the unimpressive daily trading volume.
Additionally, according to IntoTheBlock, there has been a decreasing netflow of $296 million over the past seven days, signaling increasing sales. While the ethereum price is bound to break out above the 2021 high of $4,891, we might witness a pullback first before a bounce.
Is the Dogecoin Price Ready for Its Big Leap?
The dogecoin price soared by 30% over the past month, hovering above $0.25 from a 30-day low of $0.18. Momentum has been rising, evident in the 50% increase in the daily trading volume to $4.28 billion.
JMarks, unrelenting in their optimistic Dogecoin price prediction, eyes $1.20 this cycle. If this forecast plays out, the dog-inspired crypto will trade significantly above its 2021 ATH of $0.73, making it a top pick this year.
Meanwhile, according to Messari, mindshare is high, suggesting growing investor interest. A retest of $0.28 is expected to push the dogecoin price above $0.35, a move experts believe could play out in the coming days.
Unilabs Finance (UNIL) — What Makes it the Next Big Thing?
Unilabs Finance (UNIL) is unique in the sense that it combines three of the most bullish narratives: AI, DeFi and TradFi. At this crossroads, it has been hailed as a game-changer, with its unique offering revolving around a novel AI-backed DeFi asset manager.
Moreover, as a presale token, it is significantly undervalued and heavily discounted, currently available at $0.0097 in its sixth ICO stage. With a 415% gain programmed at the listing price of $0.05, it is arguably the best new crypto to invest in—a better alternative than top altcoins with large market caps.
Moreover, over $12.8 million has been raised by the team in funding, highlighting massive investor interest. Key features of this decentralized asset manager include a self-custodial asset vault and a cross-chain trading hub (users can trade across multiple blockchains). Hence, it edges out Uniswap, a leading DEX on Ethereum with a $7.5 billion market size and stands out more thanks to its yield-sharing strategy and periodic airdrops.
Closing Thoughts
While the Ethereum price faces a potential downtrend, the Dogecoin price is poised to explode amid rising momentum. At the same time, UNIL, a fast-growing AI token, is seen as the best new crypto to invest in due to its strong growth potential and connection to traditional finance (TradFi).
For more information about Unilabs Finance (UNIL) visit the links below:
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