Shiba Inu vs. XRP: Which Will Gain More by Christmas 2023?

Shiba Inu (SHIB) and XRP are two of the most popular cryptocurrencies among the top 20 projects. Both assets have given massive returns to early investors. However, which token will make you more money by Christmas 2023? Let’s take a look.

Also Read: Shiba Inu (SHIB) Price Prediction: November 2023

Shiba Inu (SHIB) vs. XRP in 2023

Shiba Inu Price Prediction (SHIB): October End 2023
Source: SpaceMoney

Since the beginning of this year, SHIB’s price has fallen by about 2%. The token, although immensely popular, has struggled to gain momentum despite big launches. The project’s layer-2 network, Shibarium, did not do much to boost the asset’s price, although there was a lot of hype around it. Furthermore, even when the larger crypto market rallied towards the end of October, SHIB struggled to breach the $0.000008 level. Nonetheless, the token is still up 7% over the previous week.

Also Read: Ripple (XRP) Price Prediction: November 2023

On the other hand, XRP is up by almost 67% since the beginning of this year, compared to SHIB’s 2% drop. Moreover, the token has surged nearly 10% over the previous month. XRP’s bullishness in 2023 could be because a court ruled that the asset is not a security. The ruling may play a significant role in boosting the asset’s desirability among investors.

Which will make more money by Christmas 2023?

Bitcoin BTC Santa Claus Rally December
Source: Analyticsinsight.net

According to Changelly, Shiba Inu (SHIB) could reach a price of $0.0000088 by Nov. 29, 2023, a growth of about 11% from current price levels. On the other hand, the platform anticipates XRP to hit a price of $0.60 by Nov. 29, 2023, a growth of about 5% from current price levels.

If SHIB continues its current pattern, it could rise by about 12% from current levels. On the other hand, XRP could surge to around $0.70, a rise of about 22% from its current price. Moreover, XRP has a more stable market than SHIB’s, which gives it a lot of advantages. SHIB has a lot of volatility, and the token has struggled a lot in 2023. Hence, XRP is more likely to make more money by Christmas 2023.

  • shiba inu
  • xrp

Comments

Post a Comment

Popular posts from this blog

Ethereum: A $1000 Investment in ETH Turns $2.5 Million in April 2023

Image
Vitalik Buterin published a white paper in 2014 and Ether made its debut in the indices in 2015. ETH ballooned to become the world’s largest altcoin cryptocurrency only second to Bitcoin in market cap. During its launch, ETH was trading at $0.42 but quickly jumped to $0.74 before investors got wind of the asset. The relatively new crypto was affordable giving investors ample time and opportunity to accumulate it every month in 2015. However, things turned when it crossed the $2 mark in January 2016 and skyrocketed in price thereafter. Early entrants made millions with ETH by buying low and selling high. The late entrants brought the crypto at a premium price with less quantity as it went north sharply in the coming years. Also Read: VeChain: VET Price Prediction for the End of April 2023 Source: Coingecko Ethereum: A $1,000 In ETH Would Have Turned to $2.5 Million Today Source: newsbtc.com Considering that Ethereum was trading at $0.74 in 2015, a $1,000 investment w
Read more

Crypto News: Binance Adds Support For Bitcoin Ordinals

Image
Binance embraces Bitcoin NFTs The integration of Bitcoin NFTs into Binance ’s marketplace is expected to bring a surge of excitement to the already-thriving NFT space. Users will now be able to execute Bitcoin NFT transactions directly from their Binance accounts, streamlining the process and offering greater convenience. This development could mark a significant milestone in the world of NFTs, as the integration of Bitcoin NFTs allows users to utilize their Binance accounts for a wider range of transactions, beyond traditional cryptocurrencies. advertisement Read More: US SEC Sues Coinbase Exchange Following Binance Lawsuit Ordinals, introduced in Janurary of this year, have lately become the talk of the town. The Ordinals protocol has given Bitcoin an additional layer of utility where users can now use the token for more than just a store of value. The current lineup of supported Bitcoin NFTs on Binance ’s marketplace is extensive, featuring popu
Read more

Shiba Inu Might Hit $0.01 In These Many Years: Here's The Math

Image
The Shiba Inu [SHIB] ecosystem has been navigating through the contentious release of its layer-2 protocol, Shibarium. In the midst of this situation, SHIB faced a significant decline and was unable to rally. Nevertheless, there are those who maintain optimism about the meme coin’s potential for an upward movement. While the possibility of SHIB reaching $0.01 might seem ambitious, it is certainly not beyond the realm of possibility. The topic of whether Shiba Inu can achieve a value of $0.01 is a prevalent conversation among novice investors. Judging from the market cap alone, Shiba Inu would need a considerable expansion from its present value of $4.76 billion. To reach a token price of $0.01, SHIB would require a market capitalization of $5.9 trillion. It’s important to emphasize that achieving a market capitalization of $5.9 trillion would position Shiba Inu as a larger entity than Apple. This aspiration is highly speculative and falls beyond the conceivable realm, at least for
Read more