XRP Investor Who Dumped All Holdings To Buy Shiba Inu Shares Reason Why
With the market shaky and cryptocurrencies persevering with their downtrend, an XRP investor has deserted the token in favor of dog-themed meme coin Shiba Inu (SHIB). Her sudden portfolio shift has drawn important consideration within the broader crypto group, with some criticizing her selection of cash and others labeling the transfer a giant mistake.
Crypto Investor Dumps XRP For Shiba Inu
Dubai-based XRP investor Sheikhah Alya lately announced on X that she has formally offered all her XRP holdings and acquired Shiba Inu. The quick submit instantly caught the eye of members of the crypto group, with many questioning her resolution.
Although the transfer could have appeared sudden, Alya has lengthy been a vocal supporter of Shiba Inu, usually touting the favored meme coin on her social media web page. The former investor had projected earlier on January 30, 2026, that Shiba Inu might attain $1 per token. This bold forecast, alongside together with her confidence in the meme coin’s future price, probably motivated her resolution to modify from XRP to SHIB.
Alya has confronted important backlash from members of the crypto group who don’t share her enthusiasm for Shiba Inu. One member said, “Selling XRP was the fallacious selection,” underscoring the cryptocurrency’s earlier efficiency and long-term potential. Others labeled her transfer “a foul commerce” and a mistake, questioning why she selected SHIB over XRP.
While many disapproved of Alya’s SHIB transfer, one group member questioned why she selected meme cash in any respect quite than alternative cryptocurrencies. He known as her funding “a foul resolution,” reflecting broader skepticism towards meme-based cryptocurrencies, that are identified for his or her highly volatility and risk in sure market situations. Despite the criticism, a portion of the crypto group supported her SHIB selection and bullish sentiments.
The Altcoin Price Performance Compared To SHIB This Week
Over the previous week, the Shiba Inu value has crashed greater than 13%, pushing the meme coin right down to $0.0000059. CoinMarketCap knowledge shows that SHIB is down in the present day as a result of its value is transferring according to Bitcoin’s, which lately fell under $70,000. SHIB’s downtrend has additionally been attributed to excessive worry sentiment, as buyers’ confidence within the meme coin continues to deteriorate.
Despite SHIB’s weak efficiency, many advocates like Crypto SHIB keep overly constructive outlooks, predicting that the meme coin might attain $1 within the subsequent 30 days.
In distinction, the XRP price has declined by greater than 12% over the previous week, and is at present buying and selling above $1.40. The cryptocurrency is simply down barely in the present day, pushed by the broader market sell-off. Market analyst CryptoSensei has mentioned that XRP is already exhibiting a robust restoration amongst high altcoins. He forecasts that the cryptocurrency might quickly head again in direction of $2.
