Could XRP Surpass the $4 Mark? A $100 Million XRP Accumulation by Whales
In the wake of a recent market decline that caused many investors to withdraw from XRP, significant increases in holdings by large-scale investors, known as whales, have been observed. This trend suggests a potentially bullish outlook for the cryptocurrency. Two primary factors whale accumulation and the formation of a bull flag pattern are influencing predictions regarding XRP’s potential rise to $4. Whale Accumulation in the XRP Ecosystem Recent data from Santiment has highlighted that whales holding between 1 million and 10 million XRP tokens accumulated around 100 million XRP between December 7 and December 10. During this timeframe, a notable price drop of 27.2% was recorded, with XRP falling from $2.61 to $1.90. Rather than selling during this downturn, these whales opted to capitalize on the lower prices to enhance their holdings. Their total balance increased from 4.71 billion XRP tokens to 4.80 billion, signifying an infusion of approximately $200 million into the market. This accumulation is part of a larger trend observed over the past month. In mid-November, whale holdings were at 3.71 billion XRP, and by early December, this number had escalated to 4.8 billion, indicating that around 1.1 billion XRP tokens were acquired during this period. Simultaneously, XRP’s price rose from $0.50 to $2.87, underscoring the potential influence of whale activities on market dynamics. Related Article: ADA Analyst Predicts Dogecoin Price Surge to $24 Although some profits were taken by whales when XRP peaked at $2.87 earlier this month, their holdings experienced another increase following a subsequent price drop. After the market crash on December 10, XRP showed signs of recovery, rebounding to $2.43. Bull Flag Pattern and Market Predictions Alongside whale activity, XRP’s price movements have been forming a bull flag pattern, which is commonly interpreted as a signal for a continuation of an upward trend. Nevertheless, certain technical indicators indicate a possible temporary correction before the projected breakout. Prominent market analyst Ali Martinez shared insights on Twitter, noting that while XRP is indeed forming a bull flag, the TD Sequential indicator has issued a sell signal on the four-hour chart. “Based on this,” Martinez remarked, “XRP may encounter another correction prior to the anticipated breakout beyond the $2 price range.” Martinez has forecasted that following a brief pullback, XRP could initiate a rally towards the $4 mark. He initially presented this possibility earlier in the week, identifying a fourth bullish pennant formation. Similar patterns have historically resulted in price increases from $0.69 to $1.10 and from $1.50 to $2.87.
ADA Analyst Predicts Dogecoin Price Surge to $24
Cantonese Cat, a prominent cryptocurrency market analyst, has proposed an ambitious prediction for Dogecoin. The forecast suggests that Dogecoin’s value could escalate to $24, marking a staggering potential gain of over 5,823% from its current price. This projection is supported by technical analysis and a surge in whale activity. Dogecoin’s Recent Performance Indicates Potential Mixed performance has been observed for Dogecoin in recent weeks. A sharp rally in early November allowed the token’s price to surge by 132% within three weeks, reaching $0.4800—a three-year high. However, the cryptocurrency has since retraced by 16%, now trading near $0.4052. Despite this decline, optimism continues to be fueled among analysts and investors. Key insights have been offered by Cantonese Cat regarding Dogecoin’s price movement. The analyst has noted that significant support levels, including the 0.786 Fibonacci extension, have been successfully defended by the cryptocurrency. This development hints at the potential for a major breakout. Historical Trends Could Lead to $24 Target Historical performance of Dogecoin has been highlighted to bolster the $24 prediction. A similar pattern was exhibited during the 2021 bull cycle, where the token rallied beyond the 0.786 Fibonacci level to surpass the 2.272 Fibonacci extension. This move resulted in a peak price of $0.73995. A repetition of this historical trend has been predicted by Cantonese Cat, who believes that Dogecoin could reach the same Fibonacci level at $24. Achieving this target would elevate the token’s market capitalization beyond $3.5 trillion, establishing Dogecoin as a dominant force within the crypto market. Whale Activity Signals Confidence in ADA and Dogecoin In addition to technical analysis, whale activity has been identified as a significant factor in the bullish sentiment surrounding Dogecoin. Ali Martinez, another market analyst, has pointed to large-scale accumulation by major holders as evidence of growing confidence in the asset’s future. Related Article: DOGE and Ripple Gains May Be Overshadowed as RXS Prepares for a Potential $10 Surge Data shared by Martinez reveals that whales holding between 10 million and 100 million DOGE acquired 160 million tokens, valued at approximately $64 million, over the last 24 hours. This brings the total holdings of these entities to 22 billion DOGE, worth nearly $9 billion. Such large purchases are typically associated with strong market sentiment and are often precursors to substantial price movements. The willingness of high-value investors to buy during a price dip suggests they anticipate significant upward momentum for Dogecoin. Resistance Levels Pose Challenges but Optimism Remains Despite the broader cryptocurrency market’s bullish trends, Dogecoin faces key resistance levels that must be overcome to sustain growth. Even so, analysts such as Cantonese Cat and Ali Martinez remain optimistic. Historical trends, combined with whale accumulation and technical indicators, suggest that Dogecoin is well-positioned for a significant breakout. While uncertainty persists, the potential for Dogecoin to achieve remarkable gains remains a key point of discussion in the cryptocurrency market.
DOGE and Ripple Gains May Be Overshadowed as RXS Prepares for a Potential $10 Surge
Tokens like Dogecoin (DOGE) and Ripple (XRP) have achieved triple-digit growth, capturing the attention of investors. However, Rexas Finance (RXS), a new contender with unique real-world utility, is now positioned to outshine these popular assets. Trading at $0.125 during its ninth presale phase, RXS has already climbed 320% from its initial price of $0.030, generating $24.75 million in funding. Analysts predict a further surge, with the token targeting a launch price of $0.20 and an eventual rally to $10. Revolutionizing Asset Ownership with Rexas Finance Rexas Finance has been transforming asset ownership through its focus on Real-World Asset (RWA) tokenization. This innovative approach uses blockchain technology to tokenize assets like real estate, gold, and art, making them accessible to a global audience. By enabling both fractional and complete ownership, the platform removes barriers to traditionally exclusive investment opportunities. The vast markets targeted by Rexas Finance highlight its growth potential: Through its Launchpad and Token Builder Tool, the platform simplifies the tokenization process, allowing anyone to tokenize or invest in these markets without prior technical expertise. This ease of access has driven interest in the RXS presale, which has already sold 321,914,000 tokens, raising $24.75 million. Related Article: SHIB Price Prediction: Analyst Forecasts 150% Rally to $0.000074 RXS Presale Momentum: A Steady Climb Toward Success RXS has shown consistent momentum across multiple presale stages: Analysts suggest early investors could see another 60% price increase as the presale progresses. Post-launch, RXS is projected to reach $10, marking a potential 8,000% gain from its presale price. Why RXS Stands Out Among Crypto Investments Rexas Finance differentiates itself from other cryptocurrencies through its focus on transparency, security, and real-world use. By making asset tokenization accessible to a global audience, it bridges the gap between traditional markets and blockchain technology. Security has been prioritized, as demonstrated by a comprehensive CertiK audit, which enhances the platform’s credibility. Furthermore, listings on CoinMarketCap (CMC) and CoinGecko have boosted its visibility, allowing investors to track its progress and engage with the project. To further attract interest, Rexas Finance has launched a $1 million giveaway with 20 winners, each receiving $50,000 in RXS tokens. This initiative has already garnered over 360,000 entries, increasing community participation. DOGE and XRP: Strong Contenders with Limitations While Dogecoin (DOGE) and Ripple (XRP) are well-known names in the crypto space, their growth has been primarily driven by market sentiment. DOGE heavily relies on social media trends and meme culture, while XRP focuses on institutional cross-border payments. In contrast, Rexas Finance offers a utility-based approach, addressing inefficiencies in traditional finance through asset tokenization. This strategy positions RXS as a more sustainable investment option, with the potential to outperform speculative assets like DOGE. How to Participate in the RXS Presale Investing in RXS during the presale phase provides a unique opportunity to enter early. The process is straightforward: RXS as a Game-Changer in Asset Tokenization Rexas Finance combines blockchain technology with trillion-dollar markets, creating a platform with substantial growth potential. The success of its presale, its CertiK audit, and its strategic listings on major platforms validate its legitimacy. As RXS approaches its $0.20 launch price and aims for a $10 milestone, the opportunity for significant returns becomes clear. Compared to DOGE and XRP, Rexas Finance offers a more robust value proposition, making it a standout investment opportunity. By investing now, participants can position themselves at the forefront of an emerging revolution in asset tokenization.
SHIB Price Prediction: Analyst Forecasts 150% Rally to $0.000074
An analyst has predicted a significant surge for Shiba Inu (SHIB), suggesting the token could rise by 150% to $0.000074. This forecast comes amid a 10% price decline for SHIB and ongoing market uncertainty. Shiba Inu Approaches a Critical Price Level Shiba Inu’s current price level has been described as critical by the market analyst “PouyanTradeFX.” According to the analysis shared on TradingView, SHIB is testing a long-standing trendline that has impacted its price movement since 2021. The analyst highlighted that SHIB initially entered this downtrend after reaching its all-time high of $0.00008616 in October 2021. The token revisited the trendline in March 2024 when it surged to a high of $0.00004567. A weekly candle chart was used to demonstrate that breaking above this trendline could result in a 150% rally. The price of SHIB could rise from its current level of $0.00002795 to approximately $0.000074 if the resistance is overcome. However, a failure to break the trendline could lead to a 62% decline, pushing the price to $0.000011. Bullish Projections from Other Analysts PouyanTradeFX is not the only analyst expressing optimism about SHIB’s potential. On December 11, another analyst, “Crypto ELITES,” shared a similar bullish outlook. Crypto ELITES suggested that SHIB could erase another zero from its price and surge nearly 1,700% to $0.00047905. This prediction was based on a cup-and-handle chart pattern observed on SHIB’s weekly chart. Related Article: Ripple Price Forecast: Expert Predicts XRP Crash to $1.50 and $0.50 A key factor supporting this forecast is the declining Bitcoin Dominance. This metric, which measures Bitcoin’s share of the cryptocurrency market, has dropped from 61.5% in November to 56.5% recently. The decline indicates a potential rotation of capital from Bitcoin to altcoins, including SHIB. SHIB’s Recent Performance and Future Outlook Despite the current 10% decline, SHIB has demonstrated strong performance over the past year, with a 200% price gain. Analysts believe that the token’s potential for further growth remains high, supported by market dynamics and technical patterns. While challenges remain, these bullish projections suggest that SHIB could be poised for a significant rally, potentially nearing its all-time high. Whether SHIB breaks the trendline or faces a pullback will determine its trajectory in the coming weeks.
Ripple Price Forecast: Expert Predicts XRP Crash to $1.50 and $0.50
Ripple Price Forecast: Expert Predicts XRP Crash to $1.50 and $0.50 A market analyst, The Block Bull, has predicted a significant downturn in Ripple’s XRP price, expecting a fall to previous lows of $1.50 and $0.50. This forecast emerges amidst ongoing market uncertainty and consolidation in XRP’s price movement. XRP’s Struggle to Sustain Momentum XRP’s inability to break out of its consolidation phase has raised concerns among analysts. The token experienced a dramatic rise to a seven-year peak of $2.90 on December 3, achieving a 105% increase in eight days. However, strong resistance at this level triggered a sharp decline, preventing XRP from retesting its recent high. Since then, the asset has oscillated between $2 and $2.50, occasionally dipping below $2. The Block Bull has indicated that XRP’s mid-term outlook appears bearish. A potential drop from its current position has been suggested, with the token facing increasing pressure from broader market trends. Is XRP’s Downtrend Imminent? The analyst has projected that XRP’s decline could begin imminently. After a 2.34% drop yesterday, XRP’s winning streak, which started on December 10, was broken. At present, the token trades flat but shows limited signs of recovery. The Block Bull has suggested that XRP could fall to $1.50 by next week, marking a significant decline. Notably, XRP has not revisited this level since November 29. Further, the analyst believes the $1.50 support level is weak, predicting that XRP could slump to $0.50 between Christmas and New Year. For context, XRP struggled at the $0.50 mark throughout 2022 and 2023, only surpassing it in November 2024. Related Article: SHIB Adoption Surges as Bitget Wallet Integrates Shibarium for 40M+ Users Key Support Levels to Monitor The $2.20 support level has been identified as a critical point for XRP. The Block Bull has warned that losing this support could lead to a rapid decline, with $1.50 being the next target. Currently, XRP trades above this support at $2.34. Historical trends support this bearish outlook. During XRP’s 2017 rally, a 284% surge in March was followed by a 44% drop in April before recovering to an all-time high of $3.30. A fall to $1.50 from the current price would represent a 35% drop, while a slide to $0.50 would mark a 79% decline. Proponents Remain Optimistic Despite this forecast, several XRP supporters remain optimistic about its potential. Confidence in the token has been attributed to factors such as Ripple’s RLUSD stablecoin launch, improving market conditions, and the anticipated regulatory stance of the incoming Trump administration. As XRP’s price currently holds steady, the coming weeks could determine whether it follows the bearish prediction or rebounds to test new highs.
SHIB Adoption Surges as Bitget Wallet Integrates Shibarium for 40M+ Users
The Shiba Inu Layer-2 blockchain, Shibarium, has been integrated into the Bitget Wallet, which serves over 40 million users worldwide. This development highlights a significant step for the SHIB ecosystem, offering users access to advanced blockchain features. Shibarium Added to Bitget Wallet Without Official Announcement Shibarium has been quietly integrated into the Bitget Wallet by the platform’s team. This addition was made without an official announcement from Bitget. Instead, the update was shared by the Shibarium Update channel on X, where a screenshot confirmed the new blockchain support. Although Shibarium has been integrated into the wallet, it has not yet been supported by the Bitget exchange itself. This distinction has been emphasized to ensure clarity for the Shiba Inu community. Shibarium Integration Benefits the SHIB Ecosystem The integration of Shibarium into the Bitget Wallet is expected to deliver significant benefits for the SHIB ecosystem. Users of Bitget Wallet now have the ability to store, transfer, swap, and stake Shiba Inu ecosystem assets seamlessly. As a non-custodial wallet launched in 2018, Bitget Wallet provides a secure platform for trading, earning, and staking crypto assets. Its 40 million users spread across 168 countries offer substantial potential for boosting Shibarium’s activity. This development coincides with recent milestones achieved by Shibarium, including surpassing 2 million wallet interactions and exceeding 600 million transactions. Current metrics show a total transaction count of 641.18 million and a daily transaction volume of 4.66 million. Related Article: Charles Hoskinson Addresses Network Security Misconceptions Shibarium Gains Limited Adoption on Top Platforms Despite its achievements, Shibarium remains supported by only a few leading wallets and exchanges. Currently, Gate.io and BluBit are among the prominent exchanges that have adopted Shibarium. Wallets like Frontier and GroveX have also integrated Shibarium, while MetaMask users can access it using the Chainlist feature. However, major platforms like Binance, Coinbase, and Ledger have yet to offer support for Shibarium. Community members of Shiba Inu continue to advocate for broader adoption, urging these leading platforms to embrace Shibarium. Their efforts to push for integration remain active on social media. Shibarium’s Integration Marks a New Chapter for SHIB The addition of Shibarium to the Bitget Wallet is a milestone for the SHIB ecosystem. With access to over 40 million users, the integration is poised to enhance Shibarium’s adoption and activity. As the SHIB community continues to call for broader support, further integration into major platforms may drive even greater success for the blockchain.
Cardano (ADA) Exclusion Sparks Criticism from Hoskinson on Blockchain Bias
The decision to exclude ADA and XRP from the Wyoming Stablecoin (WST) project has been met with criticism from Charles Hoskinson. Concerns about fairness and transparency in blockchain selection processes were raised by the Cardano founder. Hoskinson Questions ADA and XRP Exclusion Charles Hoskinson has expressed dissatisfaction with the WST project for excluding ADA, XRP, and other blockchain platforms. He argued that the decision has limited innovation and reduced opportunities for enhancing liquidity within the crypto ecosystem. According to Hoskinson, the absence of XRP in the WST project has led to a significant missed opportunity for the XRP Ledger. The founder noted that the inclusion of Ripple’s RLUSD stablecoin could have boosted liquidity, resulting in the issuance of millions of stablecoins on exchanges. The choice of Circle by the WST project over Ripple was seen by Hoskinson as a limitation to XRP’s potential. He highlighted the value Ripple could have added to the project, suggesting that the exclusion prevented XRP from showcasing its capabilities on a broader scale. Cardano’s Absence and Blockchain Selection Bias Hoskinson criticized the exclusion of ADA and other platforms from the selection process. He called for more inclusivity, emphasizing that limiting options to specific blockchains stifles competition and innovation. The lack of transparency in evaluating blockchains for the WST project was also flagged by Hoskinson. He argued that a fairer process, allowing multiple blockchains to demonstrate their potential, would have benefitted the crypto industry as a whole. The shift in focus from a multichain approach to Ethereum was cited as another concern. Hoskinson attributed this change to the involvement of Anthony Apollo, which allegedly led to reduced opportunities for non-Ethereum platforms like ADA and XRP. Impact on ADA and the Crypto Industry Despite the setbacks, Hoskinson acknowledged the progress made by Ripple through the approval of its RLUSD stablecoin by the NYDFS. He recognized this as a win for Ripple but noted it could not offset the missed opportunity in the WST project. Related Article: Shiba Inu Faces Mixed Signals: Rising Price but Declining Burn Rate Hoskinson urged future blockchain initiatives to adopt a more open and transparent evaluation process. He emphasized that inclusivity in such projects would foster growth and innovation, benefiting ADA, XRP, and the broader crypto ecosystem. ADA and XRP’s Missed Opportunity The exclusion of ADA and XRP from the WST project has sparked debates about fairness in blockchain selection. Hoskinson’s call for transparency and inclusivity underscores the need for a balanced approach to blockchain adoption, ensuring equal opportunities for all platforms.
DOGE Whales Accumulate 210 Million Tokens Amid Price Drop
During the recent price decline, whales significantly accumulated Dogecoin (DOGE) tokens. These purchases highlight the ongoing interest of large investors in the meme cryptocurrency. Whales Add Over 210 Million DOGE Data provided by market analyst Ali Martinez revealed that large Dogecoin holders took advantage of the latest price dip to increase their holdings. The on-chain insights were shared using analytics from Santiment, showcasing the substantial accumulation. Whales controlling between 10 million and 100 million DOGE were reported to have added approximately 210 million tokens during this period. These tokens, valued at over $88 million at the current price of $0.42, brought their cumulative holdings from 21.64 billion to 21.85 billion DOGE. When reviewed over a longer timeline, even more significant accumulation behavior has been identified. In late October, the holdings of these whales stood at 18.55 billion tokens. Over the past two months, 3.3 billion DOGE, valued at $1.39 billion, have been acquired, showing a consistent buying trend. DOGE Sees Recovery After Price Dip The recent price slump in Dogecoin, which led to an 11.22% drop on December 9, marked its steepest single-day decline in five months. This drop was linked to the broader market correction initiated by Bitcoin’s fall from $101,000 to the lower $90K range. Related Article: Warning Issued to XRP Community Before RLUSD Stablecoin Launch DOGE reached its lowest price in two weeks at $0.3653 before rebounding by nearly 15%. While the drop caused widespread panic-selling and liquidation of long positions, whales capitalized on the situation by acquiring more tokens. Market expert Scofield noted that DOGE briefly fell below a critical lower trendline that had served as support since early November. However, the rebound has now propelled it back above this trendline, indicating a potential recovery. Potential for a DOGE Rally Another analysis provided by Cryptomist highlighted an ascending triangle pattern in Dogecoin’s price action. DOGE had dropped below this triangle during the recent market turbulence. However, if the token manages to push back into the pattern, a rally to all-time highs (ATH) could become possible. This accumulation by whales during bearish phases underscores their strategy of buying dips and could signal further positive momentum for Dogecoin in the near term. The ongoing whale activity demonstrates confidence in DOGE’s long-term potential despite short-term market volatility. As the meme coin continues to recover, eyes will remain on whether it can achieve new highs or consolidate further gains.
Warning Issued to XRP Community Before RLUSD Stablecoin Launch
The XRP community has been alerted about potential risks as Ripple prepares to launch its RLUSD stablecoin. This development is being closely watched, with Ripple urging vigilance to protect against scams and impersonations. Ripple Warns About RLUSD Launch Risks Ripple shared a critical warning via a tweet, cautioning users as the RLUSD stablecoin launch nears. “RLUSD is launching soon. Stay vigilant and report any impersonations or scams,” the company stated. The warning underlines the importance of staying alert during this significant milestone in the XRP ecosystem. Scammers May Exploit RLUSD Hype The approval of RLUSD has generated substantial excitement within the XRP community. However, Ripple recognizes that this buzz may attract scammers and bad actors aiming to exploit the situation. This is why Ripple has been proactive in reminding its community to prioritize security. Why Staying Vigilant Is Essential Past incidents within the crypto space show that major launches can become a target for fraud. By issuing this warning, Ripple seeks to reduce the risk of users falling victim to scams. Reporting suspicious activities is crucial to safeguarding the community during this launch. Read Also: XRP: Ripple’s CLO Criticizes SEC’s Crenshaw Amid Controversy Protecting Yourself as RLUSD Launches As RLUSD becomes a reality, members of the XRP community are encouraged to stay informed and cautious. Verifying official sources, avoiding unfamiliar links, and reporting any suspicious behavior are key steps to ensuring a safe experience during the launch. Ripple’s proactive stance demonstrates its commitment to protecting the XRP ecosystem while preparing for the introduction of RLUSD.
XRP: Ripple’s CLO Criticizes SEC’s Crenshaw Amid Controversy
A heated debate has been stirred by Ripple’s Chief Legal Officer (CLO), Stuart Alderoty, as he labeled SEC Commissioner Caroline Crenshaw “more rogue than Gensler.” The remarks come as the Housing and Urban Affairs Committee prepares to vote on Crenshaw’s continued role as an SEC commissioner. Ripple’s CLO Takes Aim at SEC’s Crenshaw The critique of Commissioner Crenshaw was made public through a post by Stuart Alderoty. It was suggested that her regulatory stance is even more stringent than that of outgoing SEC Chair Gary Gensler. Alderoty highlighted that Gensler eventually conceded after a court ruled the blocking of Bitcoin spot Exchange-Traded Funds (ETFs) as “arbitrary and capricious.” However, Crenshaw’s dissenting votes, where she argued the court’s decision was incorrect, were criticized by Ripple’s CLO. He emphasized that unelected officials must not operate above the law. XRP and Bitcoin ETFs Dominate Market Trends The launch of Bitcoin spot ETFs has been a significant market development. Over 1.1 million BTC have been accumulated by these ETFs, surpassing the holdings of Bitcoin’s mysterious creator, Satoshi Nakamoto. Among these ETFs, BlackRock’s iShares Bitcoin Trust leads with holdings valued at $51.5 billion, equivalent to nearly 528,000 BTC. Other notable ETFs, including Grayscale’s Bitcoin Trust (GBTC), collectively hold significant amounts, further solidifying their market presence. Crypto Lobbying Groups Oppose Crenshaw’s Re-Nomination Crenshaw’s re-nomination to the SEC has drawn opposition from crypto advocacy groups. Organizations like the Blockchain Association have called on lawmakers to reject her, citing her anti-crypto stance as a concern. These groups argue that Crenshaw’s views are misaligned with Congress’s previous approach to crypto regulation. They have urged the Senate to nominate leaders who will collaborate with Congress to establish fair and balanced regulations. Related Article: XRP Rises 300% in 30 Days: Key Indicator Suggests Another Move Divided Opinions Among Senators The Senate Banking Committee remains divided on Crenshaw’s nomination. While outgoing Chair Sherrod Brown has supported stricter regulations for the crypto sector, Republican Senator Tim Scott has opposed pending nominations under President Biden. As Crenshaw is poised to become the SEC’s only Democratic commissioner, her comments labeling the crypto market as a “petri dish of fraud” have intensified the debate. Crypto Market Outlook Despite regulatory challenges, the crypto market continues to experience notable growth. Bitcoin’s price has surged 130% year-to-date, trading at an average of $97,617, with an all-time high of $103,900 achieved recently. The global crypto market cap currently stands at $3.45 trillion, with a 24-hour trading volume of $276 billion. The debate over Caroline Crenshaw’s nomination and Ripple’s legal tussle with the SEC reflect the ongoing tensions in crypto regulation. While the market shows resilience, calls for balanced oversight are expected to grow louder as the industry seeks clarity.
