Top 3 Coins Worth Investing in This Christmas: XRP, SHIB, and Pepe
December starts with investor optimism about the potential price increase in the market. Notable tokens to watch include: XRP, Shiba Inu, and Pepe Unchained.
December has arrived, bringing with it investor optimism for a booming month during the holiday season.
Currently, XRP, Shiba Inu, and Pepe Unchained are the most notable tokens, promising exceptional growth opportunities.
XRP
XRP has just surpassed USDT to become the third largest token, leading the market alongside Bitcoin and Ethereum. With an impressive growth of 366% this month, XRP is making a strong mark in the market.
This breakout comes right after SEC Chairman Gary Gensler announced he would resign on January 20 – coinciding with Trump's inauguration date. This is seen as an important milestone, marking the end of the SEC's long legal battle with Ripple Labs, the founder of XRP.
Currently, XRP is trading at 2.38 USD, up 27% in a day and 62% in a week, bringing the market capitalization to 130 billion USD.
The current all-time high (ATH) of XRP is 3.84 USD, achieved in 2018. Due to the lawsuit with the SEC, XRP was unable to reach a new ATH during the bull market of 2021. However, after this lawsuit concludes, it is highly likely that XRP will set new highs.
Shiba Inu
Shiba Inu, another large-cap meme coin, is showing signs of potential breakout on the long-term chart.
Last week, Dogecoin reached a new all-time high since 2021, adding 40 billion USD in market capitalization in just 7 days. However, as DOGE stalled, SHIB emerged with the strongest momentum.
To see the extent of SHIB's breakout, note that DOGE has increased by 167% in the past month.
SHIB is currently priced 70% higher than initially and is showing strong growth signs. Last week, while Dogecoin only increased by 2.5%, SHIB surged with a 16.9% rise. This signals a model shift, where SHIB could become the focal point leading the next growth wave.
Additionally, Shiba Inu is a meme coin based on Ethereum, and Ethereum is also showing strong signs of growth. After two years of underperformance compared to Bitcoin, ETH has begun to regain momentum, with a 9.2% increase this week, while Bitcoin has decreased by 1%.
The increasing liquidity in the Ethereum ecosystem will certainly further support the current growth of SHIB.
Pepe Unchained
Pepe Unchained is another meme coin project that has greatly benefited from the growth wave of Ethereum. This is a Layer 2 blockchain on Ethereum, focusing on meme coins, providing an outstanding experience with 100 times faster speeds and significantly lower fees compared to the main blockchain.
Pepe Unchained not only offers top features like staking, a block explorer, a dedicated Ethereum bridge, and a decentralized exchange but also brings a unique highlight – the Pepe Pump Pad. This is a platform for creating meme coins similar to Pump.fun on Solana, allowing anyone to create a meme coin at a low cost without programming skills.
This unique feature promises to drive the explosion of the Pepe Unchained ecosystem, with a variety of meme coins created by daily users.
Currently, the project is in its presale phase and has raised 68 million USD. However, the ICO of Pepe Unchained will end in the next 9 days, before $PEPU officially lists on tier 1 exchanges.
