Spotting altcoins before they moon is half the battle. While some projects are driven by hype, others are backed by infrastructure, capital, and strong narratives. This week, three altcoins are standing out from the pack: SUI, PEPE, and UNIL, offering exposure to AI and digital assets.
From Gaming to BTCfi – How the SUI Blockchain Is Expanding Utility
SUI Blockchain’s Total Value Locked (TVL) decreased in Q1 this year, according to a report from Messari and data from DefiLlama. During the same period, the market cap dropped by 40%, underperforming the broader crypto market by 18%.
However, a recent post on X by the SUI Foundation shows that Sui’s TVL is now on the way back up at $1.77B, and ranks in the top 8 blockchains by TVL. According to Coingecko, the SUI blockchain is now the 12th biggest crypto by market cap, overtaking Lido’s wrapped stETH and Chainlink.
Image from DefiLlama
This SUI blockchain renaissance is in part due to market conditions and in part due to the number of institutional partners they have onboarded in the last year. Grayscale added SUI to its portfolio, Libre enabled access to tokenized funds, and Canary Capital filed for a US ETF.
On the infrastructure side, the ecosystem has grown with integrations from Phantom, Binance, RedStone, and Telegram’s Wallet.
SUI projects are attracting capital, according to Messari
Sui is also branching into gaming, with a new p2p marketplace called OVERTAKE launching its beta. And perhaps even more bullish is the SUI blockchain’s move into what they are calling ‘BTCfi’.
This allows people to earn yields from their BTC, through staking, liquidity providing, and lending, as well as to use their BTC as collateral.
Although there are lots of token unlocks to come over the next 5 years, all these developments mean that SUI could be undervalued at the moment.
The Pepe Price Keeps Encouraging Smart Money To Buy
Pepe coin seems to be the traders’ memecoin of choice, as its volatility makes it ideal for swing trading. Over the weekend, the Pepe price crashed to the lowest level seen since May 9th, but by Tuesday, it had rebounded by 10%.
And while Pepe’s momentum appears to be falling, data from Nansen shows that whales continue to accumulate PEPE whenever the price dips.
Whales and ‘Smart Money’ keep buying Pepe. Image from Nansen.
According to technical analysis by Crypto.News’ Crispus Nyaga, while the indicators for Pepe’s price look bearish, another reading suggests that the coin would fall towards the $0.00001057 level, but then rebound to $0.000017.
The PEPE price is currently $0.00001263, suggesting that the memecoin is already recovering from its lows but still has room for further upside this week.
Unilabs Taps Into AI Investing Boom
The Pepe price may be up 54% on the yearly chart, but that’s far from the 22,800% increase from its all-time low. Sui is up an impressive 215% on the yearly charts, and 818% since its all-time low.
So, how can investors find coins when they are at their all-time lows? Timing the market is notoriously difficult, as the soon-to-be-retired Warren Buffett once said. But one good way to find cheap coins is to discover new ones that are either memes or on trend with the current narrative.
Unilabs is an AI-powered hedge fund manager, which fits well with the themes of 2024-2025. IBM, for example, has just created a $500M AI investment fund.
Unilabs is powered by AI, and has also created an AI fund for people to invest in. As it is a new project, it could offer an opportunity similar to SUI or even PEPE.
According to CNBC, Silicon Valley Bank (SVB) recently stated that while many sectors are struggling to raise money, “about 40% of the total amount raised by U.S. venture funds last year was from funds that ‘list AI as a focus.’”
If Unilabs can capture even a fraction of all that, their token, UNIL, could rise dramatically.
And token holders will then be able to access Unilabs memecoin finder and their launchpad. Their AI algorithms will find and evaluate new coins and projects, and then suggest them to their users.
Unilabs is new but already has over $30M in AUM, in its four main funds: AI, BTC, RWAs, and Mining. While early-stage projects carry inherent risks, they also bring the potential for gains like early holders of SUI and PEPE experienced.
UNIL is in presale, and on offer at $0.0051. The price will soon increase by 21% to $0.0062, so this could be a good week to find out more.
Unilabs presale details:
Website: https://unilabs.finance/
Socials: Telegram