July 18 Cryptocurrency Round-Up: Ripple XRP's Peak, Shiba Inu's Upside, and More
In the past month, Ripple's XRP has surged by 60%, reaching an all-time high of over $3.60 and a market capitalization of over $200 billion, establishing it as the third-largest cryptocurrency. Various factors, including growing public interest, network growth, whale accumulation, and favorable crypto legislation in the US, have contributed to this rally.
Meanwhile, Shiba Inu (SHIB) saw a 30% rise in two weeks, but 45% of its holders remain in the red. Some analysts predict more significant gains for SHIB in the current bull cycle. Despite a dip from $123K to $119K, Bitcoin (BTC) may continue its bull run, driven by strong ETF inflows and whale activity.