Dubai, based Cryptocurrency Investor Moves Money From XRP To Shiba Inu:🔥💥💥🔥🔥
The cryptocurrency investor from Dubai took to X (formerly Twitter) to express that she had sold her entire XRP stash to buy more Shiba Inu. A few days ago she also predicted SHIB could touch $1 in 2026.
Reasons Behind the Switch
Strong Conviction:
Giving up XRP completely and going into Shiba Inu shows a very strong belief in the upward potential of the meme token
Speculative Potential:
Maybe the investor is betting on the speculative potential of Shiba Inu rather than the utility, driven narrative of XRP.
Community Reaction
Criticism:
XRP advocates interrupted the debate with one of them posting, "Selling XRP was the wrong choice."
Divergence:
The reaction from the community resembles a bigger cryptocurrency market division where meme tokens are generally considered risky and utility, driven tokens as being relatively safe.
Market Performance
On the one hand,
XRP is currently changing hands at about $1.45, which enables it to hold on to the interest of the market mainly due to its use cases and developments.
On the other hand
Shiba Inu is currently being sold for less than a cent, meaning the price is low and the coin is highly volatile.
Other News
Solana Price: Solana is currently priced close to $85, surrounded by a bearish structure and weak technical indicators.Bithumb Recovers Bitcoin: Bithumb has successfully reclaimed almost the entire amount of Bitcoin that was mistakenly handed out during a promotional blunder, covering the last shortage with its own money.
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