Viral crypto asset management platform hits $30.7m AUM, XRP price declines

The XRP price continues to stumble under the weight of ongoing legal uncertainty surrounding Ripple, leaving many investors searching for more stable opportunities.

A rising star has captured investor attention: Unilabs, an AI-powered asset manager now boasting over $30.7 million in AUM. With automated portfolios, high-earning staking options, and early access to hot projects, Unilabs is emerging as a preferred choice for investors seeking real returns. Continue reading this article to find out more about Unilabs and the XRP price.

Unilabs: The AI Asset Manager Taking Over the Market

While the XRP price faces increased bearish pressure amidst new developments in its case with the SEC, a new project has come under the spotlight for its AI-powered foundation. Unilabs is the first asset manager that is entirely backed by artificial intelligence. It claims to transform the way we invest, manage, and optimize our capital.

Unilabs makes its place in the highly competitive market by offering a wide range of investment funds that align with different investment goals. These funds include four AI-backed funds: the AI Fund, BTC Fund, RWA Fund, and Mining Fund. These funds come with a comprehensive launchpad that provides detailed 24/7 insights on different assets across different markets.

This AI-backed asset manager provides opportunities beyond these funds. On it, investors can earn passively by staking their UNIL holdings on the platform, boosting their earning potential. Plus, there is their referral program running that offers additional passive earning opportunities.

One of the leading features of Unilabs is its AI-powered portfolio management model. Using this tool, users’ portfolios are automatically updated as per the ongoing market trends and shifts. This allows investors to reduce risk exposure and make use of every opportunity to earn profits even when they are not actively managing their portfolios.

Ripple’s Legal Clouds Weigh on XRP Price: What’s Ahead?

XRP has fallen by about 4% today, adding to its weekly decline of more than 10%. New strategic alliances and a recent wave of institutional adoption haven’t stopped the negative pressure on Ripple’s native coin, which has been mostly brought on by heightened legal uncertainty and general market sentiment.

Judge Analisa Torres’s decision to reject a proposed settlement between the US Securities and Exchange Commission (SEC) and Ripple Labs has further inflamed the situation and caused further volatility in the digital asset.

As of this writing, the price of XRP is trading at about $2.32, continuing its decline from highs of $2.65 last week. The cross-border remittance coin is trading above a crucial support level, the 50-day Exponential Moving Average (EMA) at $2.28. The next line of defense, if this level gives way, may be the 100-day EMA at about $2.26. If XRP continues to drop, it may test the 200-day EMA at $2.04.

On the daily chart, the Moving Average Convergence Divergence (MACD) indicator has confirmed a sell signal, indicating a strong upside that would likely extend the downturn. Additionally, reflecting XRP’s recent recovery is the Relative Strength Index (RSI) indicator, which is heading lower at 51.

UNIL Token and the Viral $700K Presale Buzz

Despite being in the early stages of its launch, Unilabs (UNIL) has raised over $30.7 million in assets under management (AUM). This massive demand appears to be due to features like its Early Access Scoring System (EASS). With the help of this feature, this platform aggregates leading upcoming crypto projects by thoroughly analyzing their utility potential, tokenomics, and team.

This DeFi asset manager is currently in the spotlight for its viral presale that has collected almost $700,000 in 2 presale rounds only. Leading market experts claim that if Unilabs continues to offer such real-life utility backed with high profit potential, it could potentially take over the market quickly. Each UNIL token is currently available to be bought at $0.0051 only.

Discover More About Unilabs:

Presale: https://www.unilabs.finance/

Buy Presale: https://buy.unilabs.finance/

Telegram: https://t.me/s/unilabsofficial

Twitter: https://twitter.com/unilabsofficial

Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

source : https://cryptodaily.co.uk