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Shiba Inu (SHIB) has faced quite a correction over the last few weeks. The asset is down 1.7% in the daily charts and 30.1% over the previous month. Despite the dip, SHIB’s price has faced no changes in the weekly charts. The asset has also rallied 9.4% in the 14-day charts and nearly 62% since February 2024. Also Read: XRP Price Prediction: AI Sets Price For February 25, 2025 Source: CoinGecko Shiba Inu Stumbles Along With The Larger Market Source: Watcher Guru SHIB’s current predicament is likely due to the larger crypto market stagnating. Bitcoin (BTC) is struggling to regain the $100,000. The global crypto market cap has also fallen to $3.3 trillion. SHIB’s ranking has slipped to the 20th position among the top projects by market cap. Also Read: De-Dollarization and the Privacy Debate: The Geopolitical Push for CBDCs The market dip is likely due to macroeconomic factors. Investors may be weary of risky assets such as cryptocurrencies. Shiba Inu (SHIB), being a meme...

Ripple’s XRP token has had a rough few years. The asset is down by more than 83% from its all-time high of $3.40, which it attained in January 2018, over six years ago. XRP has also failed to hit the $1 mark since late 2021, nearly four years ago. Also Read: FLOKI: Double-Bottom Pattern – Next Big Investment with 20% Surge? Despite its popularity, the cryptocurrency has failed to deliver results compared to other assets, such as Solana (SOL) or Ethereum (ETH). Factors Affecting XRP’s Performance and Future Predictions Source – CNBC Why the Poor Performance? The SEC v. Ripple case was probably the main cause of XRP’s dismal results. Financial authorities charged the fintech company with selling unregistered securities. The suit was filed in December 2020 and was a significant reason why XRP did not hit a new high during the 2021 bull run, while many other assets did. Also Read: Shiba Inu: You Can Now Become a SHIB Millionaire For Just $14 The lawsuit was recently settle...

The Shiba Inu (SHIB) network has been trying to get out of a rut and move on to the next level. The second biggest meme coin in the cryptocurrency market witnessed a notable surge of nearly 4% over the past 24 hours. The asset went from a low of $0.0000135 to a high of $0.0000142. This comes after a 19% drop in Shiba Inu prices throughout the past 30 days. Also Read: Bitcoin: Man Could Have Made $150 Million With Investment of $50,000 Market Sentiment and Whale Activity Source While the latest uptick isn’t much, several have considered the meme coin’s downtrend a good buying opportunity. For instance, data revealed that whales in the Shiba Inu market have pocketed 6 trillion tokens and more over the past 30 days. Amidst this, the market has been eagerly waiting for SHIB to hit the much-awaited $0.01 or 1 cent mark. Reaching this level might be more challenging than expected, but it is certainly not impossible. Investment Required to Reach $1 Billion Currently, $100 billion w...