TRX Nears New ATH But These 2 Altcoins Have Higher Potential
The post TRX Nears New ATH But These 2 Altcoins Have Higher Potential appeared on BitcoinEthereumNews.com.
Would you rather bet on the TRX coin hitting a new ATH or position in more promising altcoins? Following a 20% monthly gain, TRON nears an all-time high, putting it on the list of altcoins to watch. However, new investments, especially for retailers, offer little upside. A better bet? The Shiba Inu coin and Unilabs Finance (UNIL) have higher growth prospects and are some of the best cryptos to invest in. Given the appeal of memecoins and SHIB’s popularity as the leading ETH meme, it is a no-brainer heading into the thick of this bull run. UNIL joins this list as the first AI-backed asset management platform for digital assets, with the ongoing presale—which has been selling out fast—offering a low entry. Looking Beyond the TRX Coin ATH It has been an exciting past few weeks for the TRX coin as it inches closer to an all-time high. The 20% monthly gain puts it above $0.30, inching closer to its 2024 ATH of $0.44. Should retail investors get carried away by the hype? For small-scale investors, TRON offers little upside, especially compared to high-potential altcoins like SHIB and UNIL. Top analyst on crypto Twitter Tom Tucker eyes a breakout above $0.44 if trading volume skyrockets. Another crypto expert, Foxes Trader, sees the Layer-1 coin hitting $2.50 this cycle, citing large whale accumulation and their desire to see the TRX price higher. According to DeFi platform IntoTheBlock, wallets holding large amounts of TRX coins (whales) crossed 80%. However, Token Terminal reports that the number of monthly active addresses fell by 19%. While a new high is on the cards for the TRX coin, new investment offers little upside for retail investors. The Shiba Inu Coin Party Nears A bull market is incomplete without a meme frenzy and what better memecoin to lead…
