New DeFi platform set to challenge XRP with $30 million AUM
The post New DeFi platform set to challenge XRP with $30 million AUM appeared on BitcoinEthereumNews.com. Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As XRP’s price movements come under speculation following a recent court ruling, Unilabs is attracting investors, gaining over $30m AUM. Unilabs (UNIL), a new AI-powered DeFi platform, has been gaining traction after a successful presale launch, garnering over $30m in AUM. Ripple, on the other hand, continues to demonstrate strong potential within the crypto market. However, a recent court ruling has seen XRP’s price dip to the $2.40 level. Unilabs, currently in stage two of its presale, has already seen a 27% price rally, owing to early-stage investments for its transformative approach to automated asset allocation. As the platform continues to gain traction, many believe it could challenge XRP in terms of growth and returns. XRP price dips to $2.40 following settlement setback XRP witnessed a market dip following a key court decision in its legal dispute with the US SEC. Judge Torres rejected Ripple’s joint motion with the US SEC, pointing to multiple procedural violations. If the settlement had materialized, it would have reversed an earlier ruling and reduced Ripple’s previous penalty of $125 million. The news led to a market reaction that saw the XRP price dip to the $2.40 level. Despite the dip, XRP still holds a monthly surge of over 15%. If the crypto sustains momentum above the $2.40 and $2.50 levels, a breakout toward the $3.00 level could be next. This will also open the door for a potential retest of the 2018 all-time high. However, a rejection of the XRP price at its current level might trigger a dipping trend toward the $2.25 level. For now, technical indicators point to increased whale accumulation and institutional players, which could also propel XRP price gains…
The post New DeFi platform set to challenge XRP with $30 million AUM appeared on BitcoinEthereumNews.com.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As XRP’s price movements come under speculation following a recent court ruling, Unilabs is attracting investors, gaining over $30m AUM. Unilabs (UNIL), a new AI-powered DeFi platform, has been gaining traction after a successful presale launch, garnering over $30m in AUM. Ripple, on the other hand, continues to demonstrate strong potential within the crypto market. However, a recent court ruling has seen XRP’s price dip to the $2.40 level. Unilabs, currently in stage two of its presale, has already seen a 27% price rally, owing to early-stage investments for its transformative approach to automated asset allocation. As the platform continues to gain traction, many believe it could challenge XRP in terms of growth and returns. XRP price dips to $2.40 following settlement setback XRP witnessed a market dip following a key court decision in its legal dispute with the US SEC. Judge Torres rejected Ripple’s joint motion with the US SEC, pointing to multiple procedural violations. If the settlement had materialized, it would have reversed an earlier ruling and reduced Ripple’s previous penalty of $125 million. The news led to a market reaction that saw the XRP price dip to the $2.40 level. Despite the dip, XRP still holds a monthly surge of over 15%. If the crypto sustains momentum above the $2.40 and $2.50 levels, a breakout toward the $3.00 level could be next. This will also open the door for a potential retest of the 2018 all-time high. However, a rejection of the XRP price at its current level might trigger a dipping trend toward the $2.25 level. For now, technical indicators point to increased whale accumulation and institutional players, which could also propel XRP price gains…
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