Home Crypto Market Movers Ripple and Shiba Inu Prices Dip as Traders Turn Attention to AI-Driven Altcoin

Ripple and Shiba Inu Prices Dip as Traders Turn Attention to AI-Driven Altcoin

XRP and Shiba Inu Prices Dip

Ripple (XRP) and Shiba Inu (SHIB), two of the most followed altcoins in the crypto space, have seen notable declines this week, prompting fresh speculation on whether their recent price dips are nearing an end. While analysts continue to project potential rebounds for both assets, a lesser-known token, Unilabs (UNIL), has gained momentum in parallel, drawing attention from traders seeking new growth opportunities.

XRP and SHIB Face Pressure, but Analysts Remain Optimistic

XRP, the native token of the Ripple network, dropped approximately 5% over the past week, sliding from around $2.20 to $2.10, according to data from CoinMarketCap. This downturn comes despite the asset’s broader bullish performance earlier this year, which saw it gain over 300% from previous lows.

Crypto analyst Egrag Crypto remains bullish on XRP’s long-term prospects. In a recent post on X (formerly Twitter), he noted that XRP could enter a new growth phase if it breaks past a key resistance level around $2.65. Should that happen, Egrag suggests the token could regain momentum and potentially enter a sustained upward trend.

However, some investors appear to be exercising caution. Given XRP’s prior surge, questions remain about how much upside is still available in the short term.

Similarly, Shiba Inu, which rose to prominence as a community-driven token, has also faced selling pressure. Its price declined more than 5% this week, falling from about $0.000013 to $0.000012. Despite the drop, long-term projections remain ambitious.

A recent prediction by TheCryptoBasic suggested that SHIB could reach $0.000224 by 2030. While the projection assumes steady monthly growth, some traders are skeptical about whether the token’s current fundamentals can support such a sustained rise, especially given its relatively high market cap of around $7 billion.

Unilabs Emerges as an AI-Focused Alternative

As XRP and SHIB navigate uncertain short-term trends, Unilabs (UNIL), an emerging altcoin with links to the artificial intelligence sector, has experienced a significant upswing in value and interest.

UNIL has reportedly climbed by 55% in recent weeks, attracting attention for its association with Unilabs Finance, an AI-powered asset management platform in the decentralized finance (DeFi) space. The platform currently manages approximately $30 million in assets and aims to leverage AI to improve decision-making and asset allocation across various DeFi protocols.

Unilabs Finance has also started a platform tool that uses artificial intelligence to analyze and surface early-stage digital assets with potential for strong performance. This tool is designed to help users discover promising projects before broader adoption drives up prices, giving early adopters a strategic edge.

The UNIL token also plays a role in the platform’s governance and reward systems. Holders can participate in staking, with potential returns exceeding 100% annually, while also earning a portion of the protocol’s fee revenue. According to the project’s developers, token rewards increase in proportion to the size of the holder’s stake.

Currently priced at $0.0062, UNIL is still considered to have a relatively low market capitalization, which may position it for higher percentage gains if demand increases. Analysts have noted that smaller-cap tokens often exhibit faster price movements when interest surges, compared to large-cap assets like XRP or SHIB that require larger volumes of capital to move significantly.

Market Shifting Toward Utility and Innovation

Unilabs’ rise in popularity reflects a broader trend in the crypto space: a growing interest in utility-driven projects that incorporate emerging technologies like artificial intelligence. While XRP continues to serve as a solution for cross-border payments and SHIB remains popular among community investors, newer tokens like UNIL are attempting to differentiate through deeper integration with AI and active DeFi tools.

Traders appear to be taking notice. As the crypto market becomes more competitive, investor attention may increasingly shift toward projects offering tangible use cases and forward-looking infrastructure.

What’s Next for XRP, SHIB, and UNIL?

While some analysts remain confident that XRP and SHIB could rebound, much will depend on market sentiment and overall liquidity inflows in the coming weeks. Key resistance levels for both tokens must be broken to re-establish upward trends.

Meanwhile, UNIL could continue to benefit from growing interest in AI integration within blockchain. Its smaller market cap and utility-focused platform may offer traders the kind of upside they believe has already played out for more established assets.

Whether XRP and SHIB will recover remains to be seen. But as crypto continues to evolve, the spotlight may increasingly fall on altcoins like Unilabs that combine emerging tech with practical DeFi functionality.

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Pankaj K

Pankaj is a skilled engineer with a passion for cryptocurrencies and blockchain technology. With over five years of experience in digital marketing, Pankaj is also an avid investor and trader in the crypto sphere. As a devoted fan of the Klever ecosystem, he strongly advocates for its innovative solutions and user-friendly wallet, while continuing to appreciate the Cardano project. Like my work? Send a tip to: 0x4C6D67705aF449f0C0102D4C7C693ad4A64926e9

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