XRP could hit double-digit prices if Shiba Inu (SHIB) sees a massive 10,000% rise, thanks to the overall correlation between the broader crypto market's movements.
Market Correlation Between XRP and Shiba Inu
Although XRP and Shiba Inu exist in different market segments—XRP as a payments asset and SHIB as a meme coin—they often move in the same direction due to the influence of broader market trends, especially Bitcoin’s price fluctuations. SHIB’s volatility is higher, leading to more dramatic price swings than XRP.
XRP Price Projection if Shiba Inu Rises 10,000%
Should Shiba Inu rally by 10,000%, XRP could also benefit, though its gains would likely be more moderate. Assuming XRP sees 40% of SHIB's gains, it could rise by 4,000%. From its current price of $0.5304, a 4,000% surge would take XRP to $21.7, marking a new all-time high.
This price jump would push XRP’s market cap to $1.215 trillion, surpassing Bitcoin's current valuation. Several analysts, including Javon Marks and ModernInvest, have also predicted XRP could reach $15 to $20 in the next bull run.
