The Recent Day’s Performance of Ripple, Shiba Inu, and Others

Ripple (XRP), Shiba Inu (SHIB)

Noteworthy developments are taking place within the cryptocurrency sphere, particularly concerning Ripple (XRP), and the popular meme coin, Shiba Inu (SHIB). Below, we delve into recent events and explore expert price predictions.

Ripple’s IPO Buzz

In New York City, Ripple is set to host a grand event on September 29, celebrating its partial victory against the US SEC, secured approximately two months ago. However, some keen Twitter users have speculated that Ripple may have more significant announcements in store for its community.
According to the prevailing speculation, Ripple might be considering filing for an initial public offering (IPO) or disclosing an agreement with the US Securities and Exchange Commission (SEC). A poll conducted by XRP_Cro on Twitter indicates that over 40% of 3,600 voters believe the former option is a possibility.

Several analysts have suggested that Ripple’s potential move toward an IPO could act as a catalyst for XRP’s price. As previously reported by CryptoPotato, blockchain researcher Collin Brown, using the handle “Collin Brown,” believes that XRP could experience a significant price surge, potentially reaching $10 shortly after the anticipated “big day.”

ipo buzz

Realistic XRP Projections

While the $10 price target may seem ambitious, given XRP’s current valuation of $0.50, other analysts have put forth more conservative predictions. According to one analysis by Twitter user EGRAG CRYPTO, XRP could see a substantial increase to $2 if it manages to close a monthly green candle above $0.83.
For those interested in understanding how XRP might perform during the next bull market, we recommend checking out our dedicated video.

Shiba Inu’s Developments

In the realm of meme coins, an important development concerns the relinquishing of control and ownership of the BONE coin, a governance token for the decentralized exchange ShibaSwap. This move has had a significant impact on BONE’s price, propelling it to a two-week high of $0.92 (according to CoinGecko). However, it has since retraced slightly and is currently trading at approximately $0.86.
Additionally, LUCIE, Shibarium’s Marketing Strategist, unveiled essential details about an upcoming application known as Shiba Hub. This application aims to strengthen the Shiba Inu community by facilitating sharing, connectivity, and creative efforts. LUCIE described Shiba Hub as a “gateway to something extraordinary.”

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Chi Do
Chi Do
Chi Do is a content writer at CoinMinutes, responsible for creating most of the content on the website, including news related to Bitcoin (BTC), Ethereum (ETH), Blockchain, Decentralized Finance (DeFi), and more. With a keen interest in cryptocurrencies since the 2020s, Chi has acquired extensive experience and knowledge in this field. Chi holds a Bachelor's degree in communication from Academy of Journalism and Communication in Vietnam.

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