The XRP Investor Who Dropped All Holds To Buy Shiba Inu Shares Is The Reason Why
As the market falters and cryptocurrencies continue their downward spiral, an XRP investor has abandoned the token in favor of a dog-themed meme coin. Shiba Inu (SHIB). His sudden portfolio change drew a lot of attention from the wider crypto community, with some criticizing his choice of coins and others calling the move a big mistake.
Crypto Investor Dumps XRP For Shiba Inu
Dubai-based XRP investor Sheikhah Alya recently announced to X that he has officially sold all his XRP holdings and bought a Shiba Inu. The short post quickly caught the attention of members of the crypto community, with many questioning his decision.
Although this move may seem sudden, Alya has long been a supporter of the Shiba Inu, often calling it a popular name. meme coin on his social media page. The previous investor had it target as early as January 30, 2026, that Shiba Inu can reach $1 per token. This is a prediction of excellence, and him confidence in the future value of the meme characterthis is probably what prompted his decision to move from XRP to SHIB.
Alya has faced a lot of backlash from members of the crypto community who don’t share her enthusiasm for the Shiba Inu. One member said“Selling XRP was the wrong decision,” emphasizes the previous performance of the cryptocurrency once long term energy. Others the label his “bad trade” submission and mistake, asking why he chose SHIB over XRP.
While many disagree with Alya’s move to SHIB, one member of the community does it asked why did he choose meme coins at all rather than other cryptocurrencies. He called his investment a “bad decision,” reflecting a broader skepticism about meme-based crypto funds, which are known for their use. high volatility and risk in certain market conditions. Despite the criticism, part of the crypto community supported his SHIB selection and bullish sentiments.
Altcoin Price Performance Compared to SHIB This Week
Over the past week, the price of Shiba Inu has dropped over 13%, bringing it down to $0.0000059 a meme coin. CoinMarketCap data exhibitions that SHIB is down today because its price is moving in line with Bitcoin, which recently dropped below $70,000. The decline of SHIB it has been said that a lot of fear has been created, as investors’ confidence in the meme coin continues to deteriorate.
Despite the weak performance of SHIB, many advocates like Crypto SHIB maintain an overly positive view, prediction that the meme coin can reach $1 in the next 30 days.
In contrast, the price of XRP has dropped up 12% last week, and is currently trading above $1.40. The cryptocurrency fell slightly today, driven by a broader market selloff. Market analyst CryptoSensei said that XRP is already showing a strong recovery among the top altcoins. He predictions that the cryptocurrency can go back to $2.
Featured image from Adobe Stock, chart from Tradingview.com
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