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#Shibainuholder RIGHT TIME. SHIBA INU (SHIB) WHALES đ MAKES $109M PROFIT ON SHIB, AMID PRICE DROP. A savvy SHIB investor turned $3,800 into $109M, selling 250 billion tokens recently. The whaleâs early SHIB investment grew to $1.22 billion during the tokenâs all-time high. Shiba Inuâs price declined to $0.0000241, raising concerns about its short-term performance. Shiba Inu (SHIB) is proving itâs more than just a meme coin, turning heads with an impressive 153.3% price increase over the past year. Recently a savvy Shiba Inu whale has reportedly sold 250 billion SHIB tokens worth $6.05 million in the past few hours, reflecting an overall profit of $109 million. Early Investment Pays Off According to Lookonchain, a blockchain analytics platform, the whaleâs journey with SHIB began on August 6, 2020, when they invested a small $3,800 to buy a massive 15.28 trillion SHIB token. However, this early investment proved to be a game-changer as SHIBâs value skyrocketed over time. At its peak, the whaleâs holdings were worth $1.22 billion, marking one of the most profitable trades in the cryptocurrency market. Even after selling a significant portion of its holdings, the whale still holds 2.15 trillion SHIB tokens, valued at $52.18 million. Meanwhile, the overall profits from this venture total an impressive $109 million. Shiba Inu Price Update Shiba Inu (SHIB) is facing mounting pressure, with its price experiencing a 5.57% drop in the past 24 hours. Currently trading around $0.0000241, its market cap stands at $14.1 billion. This recent downturn has raised concerns about SHIBâs short-term drop. Technical indicators, such as the Bollinger Bands, suggest a potential price decline for SHIB in the short term. The lower band suggests that the tokenâs price could dip to $0.0000238, with a potential drop to around $0.0000228 as it seeks a local bottom. Despite the ongoing decline, SHIB is approaching its critical 50 EMA level, which could act as a turning point.
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#xrpsucess đ„đ„ XRP JUMPS 13% AHEAD OF RIPPLE STABLECOIN LAUNCH. saw its price jump 21% over the last seven days and 13% over the last 24 hours, trading at $2.69 as of press timeâjust as the Ripple USD (RLUSD) stablecoin launches on the network. XRP was launched by the co-founders of Ripple Labs in 2012, but the company has gone to great lengths to stress that it is not the issuer of the token. Still, crypto traders know thereâs a link and tend to consider good news for Ripple Labs, like its new stablecoin being approved by New York regulators, as an indicator that the XRP price will go up. Founder of Obchakevich Research Alex Obchakevich told Decrypt that âXRP has the largest growth over the past week among the top 10 cryptosâ with its growth significantly overtaking Bitcoinâs 10% gain over the same timespan. âXRP has been consolidating in this bull flag for a while, but once it clears the $2.60 resistance, I think itâs off to the races, heading toward $4,â he added. Over-the-counter trading desk principal at Wintermute, Jake Ostrovskis, told Decrypt that âXRP has benefited from being 'known' in retail circles, whilst bullishness around the new U.S. administration is leading traders to front-run a potential ETF [exchange traded fund] launch.â The comments follow a late November filing by New York asset manager WisdomTree, making it the latest firm to register its interest in launched an XRP spot ETF product. Adam O'Neill, chief marketing officer at Bitrue exchange, told Decrypt that âwith XRP ETFs also a likely event in 2025 we would anticipate a new all-time high for this coin by end of Q1 at the latest.â He also added that the platform expects âa boost in demand for XRP through 2025 because so many pieces are falling into place.â He highlighted how the firmâs battles against regulators ânow appear to be a thing of the pastâ and XRP is âset to be a major beneficiary from Trump's pro-crypto administration.â
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#xrpsucess đđđ CNBC RANKS XRP AS BIGGEST WINNER IN TRUMP- LED CRYPTO RALLY. XRP Outperforms the Broader Crypto Market In XRP news today, CNBC has closely followed XRPâs incredible performance, labeling the asset as the biggest winner of the Trump-led crypto rally. According to its recent analysis, CNBC claimed XRP has surged by 370% since Trump emerged victorious in the election. XRP Volume Soars 5.4% Currently, XRP is trading at $2.41, down 0.97% over the past 24 hours and 3.10% in the past week. Conversely, the tokenâs volume has increased slightly by 5.4% in the past day to $6.78 billion. Most of XRPâs trading in the past day occurred on Binance, with the exchange accounting for $884.13 million of the total volume. South Koreaâs largest crypto exchange, Upbit, ranked in the second position, boasting $700.82 million in XRP volume. Coinbase and KuCoin followed suit, with XRP volumes of $407.86 million and $249.68 million, respectively.
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#Shibainuholder âĄâĄâĄ Can Shiba Inu Price Hit ATH This December? The Crypto expert tweeted that SHIB is currently facing a crucial price zone between 0.000027 and 0.000030. According to the analysis, this level holds the key to the assetâs next big move. According to the analyst, if SHIB is able to overcome this level of resistance it is set to soar towards the earlier high of its price. It appears that a bull formation is developing, which may lead to a penetration of the upper border in the nearest future. The expert pointed out that buyers have to break through the 0.000030 barrier for the momentum to pick up. If this happens, there will be a price jump that will attract investors in the market. With positive market sentiment, a breakout could trigger the anticipated upward move, paving the way for significant gains rally to $0.00008845 ATH seen in back 2021 bullish run.
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