Ripple's $XRP RLUSD Stablecoin Explodes With 106% Growth in Volumes: Details
In a noteworthy development, the RLUSD stablecoin has seen an increase in trading volumes, rising by 106% in the past 24 hours. According to data from CoinMarketCap, RLUSD's trading volume has reached $39 million in the previous 24 hours, highlighting the growing traction of this stablecoin in the market The bulk of the trading volume comes from the RLUSD/USDC pair on the Bullish exchange, which is about 55.02%, reflecting strong demand for RLUSD among users transacting between these two stablecoins. The BTC/RLUSD pair on Bullish contributed 23.15%, while the XRP/RLUSD pair contributed 12% to the overall trading volume. RLUSD, a stablecoin pegged one-to-one with the U.S. dollar, is issued natively on both XRP Ledger and Ethereum networks and may be utilized for a variety of applications and use cases, including cross-border payments and decentralized banking.

SHIB vs $DOGE : How High Will They Go in 2025?
SHIB is traded at $0.00002133 as of writing. Still, analysts believe it may rally up to 200% to 300% within the coming months. Should it break through the consolidation triangle, SHIB can shoot to $0.0002 and get rid of the zero in the end, which bodes well for holders.

DOGE, valued at $0.2697, is continuing on an upward trend momentum. Many analysts believe that in Q1 2025, it will indeed reach the long-awaited $1 mark as speculations continue to soar with cycle progression. DOGE can be seen as having the necessary foundation with growing adoption and whale activity.

$SHIB SHIB Burns Jump 936%, Price Reacts Unexpectedly
Shiba Inu community keeps removing SHIB meme coins from circulating supply
Shibburn tracking platform spread the word about a substantial increase in the pace at which SHIB meme coins are being driven out of the circulating supply. Several million SHIB have been transferred to dead-end wallets.

The weekly burns are currently in the red, even though 10 times the amount of SHIB has been burned over the past seven days.

Meanwhile, the SHIB price has been moving sideways, regardless of the SHIB army succeeding in the token burn field this time.

Burn rate soars 936%
Data revealed by the Shibburn platform shows that over the last 24 hours, a total of 6,690,287 SHIB meme coins has been transitioned to unspendable blockchain wallets, triggering a massive 936.52% surge in the daily burn rate.

The two largest transactions carried 3,507,923 and 2,300,437 SHIB out of circulation.

Data regarding the number of SHIB burned in the last week shows a burn rate plunge of almost 60%, while 62,381,241 SHIB coins were driven out of circulation and locked in unspendable wallets.

Related

According to data from IntoTheBlock, Shiba Inu (SHIB) has seen a staggering 2.75 trillion SHIB recorded in large holder outflows alone in the past day. This movement is part of an even larger trend, with the total large transaction volume for SHIB hitting 6.37 trillion SHIB in the past 24 hours.

$SHIB Shiba Inu Analyst Projects 1,700% Price Surge

Shiba Inu (SHIB) may be about to see a major surge, according to popular crypto analyst CryptoELITES. With a 1,700% price surge in the current bull market, the analyst believes SHIB may hit a price target of $0.000472905.

CryptoELITES revealed the cup and handle pattern on SHIB on the 10th of December in a tweet. This pattern has been formed over three years and is a very strong buy signal in the technical analysis chart. It is more likely to be an extension of an upward trend.

The resistance level of the pattern is a descending trendline that has kept SHIB in check since the month of October 2021. CryptoELITES expects SHIB to overcome this trendline and set the stage for further steps at $0.000085171, $0.000183312, and the expected $0.000472905.

CryptoELITES noted that the upward movement of SHIB depends on the decline in Bitcoin’s market dominance. In previous bull runs, a drop in Bitcoin’s market share has triggered capital rotation into altcoins and other meme coins.

$SHIB Inu Lead Developer on SHIB Burns: Purpose, Impact, and Community Debate

Shytoshi Kusama clarified that Shiba Inu’s success depends on its ecosystem and partnerships, not just token burns.
The Shibarium blockchain has contributed to burns but is part of a broader strategy to expand the token’s use cases.
Shytoshi Kusama, the pseudonymous CEO of the Shiba Inu (SHIB) token, addressed the community’s confusion about token burning. Kusama emphasized that the success of the token should not only be based on burns but on the whole ecosystem.

The conversation started after the second burn campaign of the 1 Cent Dream project that led to the burning of 250 million SHIB tokens. While some applauded the initiative, others complained that there were no big burns from the development team.

$SHIB Price Outlook
The announced airdrop seems to have caused little-to-no price volatility for the second-largest meme coin. SHIB is up a mere 1.5% in the last 24 hours, currently trading at around $0.00002733. Its market capitalization remains hovering at approximately $16 billion, making the asset the 15th-biggest in the entire crypto sector.On the other hand, some important metrics suggest that Shiba Inu may experience a much more substantial increase in the near future. One of those is the large transaction volume (where each SHIB transaction is greater than $100,000).

According to IntoTheBlock, the figure has soared by 240% on a daily scale, reaching $175 million. Such a spike might be interpreted positively by traders, driving further demand for SHIB and pushing the price upward.

Shibarium’s progress is also worth mentioning. The layer-2 scaling solution has been processing millions of transactions in the past several days, blasting through numerous milestones. Shibarium’s advancement can have a notable impact on SHIB’s valuation due to its role in improving the utility, adoption, and efficiency of the entire ecosystem.$PNUT
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$TRX aka TRON’s $21.66 million day could indicate a strong price rally
On December 3, 2024, TRON recorded an all-time high in revenue, recording a massive $21.66 million in revenue for a single day. This massive feat sparked widespread attention and demand for the tokens, making TRX one of the top altcoins to buy.
The record-breaking revenue followed TRX’s significant price surge, which saw the token price hit $0.44. These recent positive events have boosted investor confidence in TRON’s future.

TRON’s TRX is expected to continue its upward surge with even stronger momentum in the coming year. Analysts say TRN’s TRX could reach the $1 price mark by 2025.

$XRP
Ripples meteoric rise shows no signs of slowing, as XRP gears up for a potential new all-time high. Against USDT, the price has surged dramatically since breaking the 200-day moving average in early November. Currently consolidating below the critical $3 resistance, the $2 support zone has been pivotal, holding firm despite last week's brief dip. With the RSI cooling, XRP appears poised for another leap forward.

The XRP/BTC pair mirrors this bullish momentum. After breaking a long-term bearish trendline, XRP faced resistance at 2800 SAT but retains strong support at 2000 SAT. As long as this level holds, higher prices seem imminent.

With its aggressive uptrend across both charts, Ripple's market strength suggests a rally is just getting started. If XRP breaches these key levels, a historic breakout could be in sight. The question is no longer if, but when Ripple reaches its new record high

Shiba Inu: The Momentum Continues
Shiba Inu has been doing quite well, consistently increasing in price and, most importantly, surpassing price resistance levels. It is now seen as an appealing investment option for those looking to profit from the insatiable greed of many investors. Currently, the Shiba Inu coin exchanges for $0.0000298 with a total market cap of $17.56 billion, and the coin is expected to grow by 3.30% by January 2025, reaching $0.00002611. The technical sentiment is neutral from the indicators, while the Fear and Greed Index points to 78. In the past 30 days, Shiba Inu has had 57% green days, and the price volatility is around 9.53%, which shows active investors and new interest. The recent breakout above resistance has further deepened SHIB’s bullish momentum, making it nerve-wracking for those waiting for the next bull market. With its community-driven ecosystem and increased usage, Shiba Inu makes a strong case for beating DOGE in the near future.

Shiba Inu (SHIB) Wins New Listing On This Top ExchangeGemini Foundation, a derivative trading platform operated by the Gemini cryptocurrency exchange has introduced a new perpetual contract for Shiba Inu (SHIB).

This broadens the trading options available to users in specific jurisdictions. This move is part of Gemini Foundation’s ongoing efforts to offer advanced trading opportunities for digital assets.The newly launched perpetual contract is priced in Gemini Dollars (GUSD), allowing users to trade SHIB against the stablecoin. The platform provides users with the potential for up to 100x leverage, which enables traders to maximize their positions with relatively small initial investments.

This feature is particularly beneficial for those looking to capitalize on market movements without committing large amounts of capital upfront.

This new product is part of Gemini Foundation’s broader push to expand its offering of perpetual contracts. Previously, the platform added contracts for assets like Bitcoin (BTC), XRP, Bitcoin Cash (BCH), and Dogecoin (WIF).

The introduction of Shiba Inu alongside Bitcoin Cash and Uniswap (UNI) demonstrates Gemini Foundation’s commitment to diversifying its portfolio of derivatives.

Shytoshi Kusama Ignites SHIB Army With 'Accurate' Crypto Message: Details
The lead developer of the Shiba Inu team known, under the pseudonym Shytoshi Kusama, has published a tweet that illustrates the way people feel at the very start of their journey on the path of crypto and after spending three years on it already.

Kusama retweeted a post from a crypto enthusiast, which shows a man paddling on a canoe in calm waters (labeled as “Day 1 in crypto”) and a man paddling his canoe through a tumultuous river somewhere in the mountains, labeled as “3 years in crypto.” Kusama added his own comment to that tweet, saying: “Accurate.”

Top 5 AI Crypto Tokens to Watch: Can They Deliver 10x to 100x Gains This Bull Run?🚀🚀

As the cryptocurrency market gears up for another bull run, AI-powered crypto tokens are gaining immense attention. These projects leverage artificial intelligence to revolutionize various industries, from decentralized finance (DeFi) to predictive analytics. Here are five AI crypto tokens with the potential to skyrocket:

SingularityNET (AGIX): A leader in AI blockchain, SingularityNET allows developers to monetize AI services. Its integration with OpenCog Hyperon and ongoing partnerships could drive substantial adoption.

Fetch.ai (FET): Focused on decentralized machine learning, Fetch.ai provides tools for creating autonomous agents for applications like supply chain optimization and smart cities.

Ocean Protocol (OCEAN): A platform for tokenizing data, Ocean enables businesses and individuals to share data securely while maintaining privacy. The growing demand for AI training data could propel its value.

Numerai (NMR): A decentralized hedge fund, Numerai rewards data scientists for creating predictive models. Its unique approach to financial AI has garnered significant interest.

Cortex (CTXC): By integrating AI into smart contracts, Cortex enables AI-powered decentralized applications, bridging the gap between AI and blockchain.

These tokens could thrive amid the increasing convergence of AI and blockchain. However, investing in cryptocurrencies involves risks, so conduct thorough research before diving in.

Will XRP Hit $20? An Overview of XRP's Latest Developments

XRP, the cryptocurrency associated with Ripple, is gaining momentum in the crypto world, climbing to $2.64 as of December 2024. Recent developments in the XRP ecosystem suggest the potential for substantial growth, but will XRP reach $20? Analysts are cautiously optimistic, citing regulatory clarity and Ripple's expanding ecosystem as key drivers.

Ripple's ecosystem has seen notable advancements, such as the launch of RLUSD, a Ripple-backed stablecoin, and growing institutional partnerships. XRP's market cap has surged, making it the third-largest cryptocurrency globally. Positive regulatory shifts, including reduced SEC scrutiny and ETF filings, have boosted investor confidence

While some projections suggest XRP could surpass $20 in the next few years, the path is uncertain and influenced by macroeconomic conditions and adoption rates. Ripple's focus on blockchain integration and cross-border payment solutions positions XRP for sustained growth, but hitting $20 will require continued technological innovation and market expansion.

As of now, XRP stands as a strong contender in the crypto space, backed by an evolving ecosystem and increasing adoption. Whether it reaches $20 depends on ongoing market dynamics and global regulatory landscapes.

Shiba Inu Price Prediction: Will SHIB Hit New Highs by December 31, 2024?

Shiba Inu (SHIB), the 12th largest cryptocurrency, has evolved beyond its origins as a meme coin, carving a niche in the blockchain and DeFi ecosystem with innovative developments. Central to this transformation is Shibarium, Shiba Inu’s Layer-2 blockchain, designed to enhance scalability and transaction efficiency. Alongside this, the launch of a stablecoin pegged at $0.01 aims to increase SHIB’s appeal by providing real-world utility.

Throughout 2024, SHIB’s price exhibited significant volatility. Early in the year, the coin saw flat trading action, followed by a dramatic surge from $0.0000101 to a yearly high of $0.00003629, representing a 259.30% increase. However, a downtrend ensued, with the price bottoming out at $0.00001316 by September.

Recent developments, including consistent SHIB burns and Shibarium’s growing adoption, are likely to bolster SHIB’s value. The burn mechanism reduces circulating supply, while Shibarium facilitates faster and cheaper transactions, supporting decentralized applications (dApps). These advancements position Shiba Inu for potential gains as its ecosystem matures.

For Binance users, SHIB remains a token to watch, with the possibility of testing new highs by year-end. Stay updated on Binance to seize opportunities in the dynamic Shiba Inu market.

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XRP: Wall Street Analyst Backs Generational Wealth Potential Amid Market Turmoil"

Wall Street Analyst Endorsement: A Wall Street expert aligns with the view that XRP represents one of the most significant opportunities for building generational wealth, despite recent market volatility.

Source of Sentiment: The statement originated from Digital G, a market commentator, amidst a period of market turbulence that has impacted various cryptocurrencies.

Market Correction Impact: XRP was severely affected by a broader market correction, which resulted in over $1.7 billion in leveraged positions being liquidated across nearly 584,000 traders.

Massive Selloff: XRP faced an aggressive selloff campaign, particularly pronounced on Coinbase, leading to a significant price decline.

Price Collapse: The altcoin experienced a sharp 14.87% drop on Monday, closing at the lower end of the $2 range. This marks one of the worst single-day performances for any cryptocurrency during this period.

Generational Wealth Potential: Despite the selloff, proponents highlight XRP's long-term potential as a generational wealth-building asset, emphasizing its resilience and growth prospects in the evolving cryptocurrency market.

Broader Context: The event underlines the volatile nature of cryptocurrency investments, with XRP's performance reflecting both its risks and potential rewards for investors.

Shiba Inu Burn Rate Skyrockets by 12,670%: Is SHIB Primed for a Massive Rally?
Shiba Inu (SHIB), the meme token with a passionate global community, is making headlines again. On Tuesday, SHIB’s burn rate exploded by a staggering 12,670%, a development that could pave the way for significant price action. According to Shibburn data, over 52 million SHIB tokens were permanently removed from circulation in a single day by being sent to a null address. This bold move reduces the token’s supply, fueling speculation of future price gains.

The concept of “burning” involves permanently removing tokens from the supply, creating scarcity—a basic principle of economics that often leads to price increases when demand remains strong. For SHIB, this burn is particularly intriguing, as the token has been consolidating at key levels, and any hint of bullish momentum could trigger a breakout.

The surge in the burn rate also highlights the unwavering commitment of the SHIB community to support long-term value growth. With major projects like Shibarium—a layer-2 scaling solution—and continuous ecosystem expansion, Shiba Inu is more than just a meme coin.

Could this drastic reduction in supply propel SHIB’s price to double? Investors are watching closely, with hopes running high that this burn event is just the spark needed for SHIB to take off.

Shiba Inu (SHIB), once considered a mere meme coin, is evolving into a cryptocurrency with real-world utility. This transformation is largely attributed to Shibarium, Shiba Inu’s Layer 2 (L2) blockchain solution, which enhances its ecosystem. Shibarium facilitates faster and cheaper transactions, crucial for decentralized exchanges (DEXs), and supports its ecosystem, including non-fungible tokens (NFTs) and staking functionalities. These developments have positioned SHIB as more than a speculative asset, making it attractive to both investors and developers.

Currently trading at $0.00003094, SHIB boasts a total market capitalization of $18.21 billion, reflecting its growing significance in the cryptocurrency market. With its increased utility, some believe SHIB could offer lucrative returns. For instance, a $150 investment at current prices could potentially exceed $1,000, provided favorable market conditions prevail.

However, the coin’s future performance heavily depends on broader market trends and speculative trading practices. While SHIB’s growing infrastructure offers promise, prospective investors should weigh the risks associated with market volatility and the uncertainty inherent in speculative assets. As Shiba Inu continues to transition from meme coin to utility token, its success will rely on sustained adoption and innovation within its ecosystem. #bonk

Shiba Inu's Bullish Surge: 3 Billion SHIB Burn Sparks Optimism

Shiba Inu (SHIB) continues to capture attention as its latest token burn initiative boosts market sentiment. In a significant move, nearly 3 billion SHIB tokens were removed from circulation, reinforcing the community’s commitment to increasing scarcity and driving value. This effort aligns with the project’s long-term goal of bolstering SHIB's utility and sustainability within its growing ecosystem.

The impact of this burn is already evident, with SHIB's price experiencing a 5% increase within the past 24 hours, reaching $0.00003127. The development has sparked optimism across the crypto space, with traders and investors closely monitoring its next steps.

On X (formerly Twitter), Shiba Inu's official account and leading influencers celebrated the milestone, emphasizing the importance of community-driven initiatives in shaping the project’s future. Many are speculating that the consistent burn rate, combined with advancements in Shibarium, Shiba Inu’s layer-2 blockchain, could pave the way for further adoption and price appreciation.

As Shiba Inu continues to implement its deflationary strategy and enhance its ecosystem, the token remains a focal point for investors seeking high-growth opportunities. Stay tuned to Binance for the latest updates on SHIB and other trending cryptocurrencies.
So what could we expect? share your thoughts on comment

The Shiba Inu #SHIB cryptocurrency has been drawing attention due to its recent surge, driven by a significant concentration of large holders. Reports indicate that 73% of SHIB's circulating supply is held by substantial investors, often referred to as "whales." This pattern suggests increased confidence among major holders, which can signal potential bullish momentum for the token.