Shiba Inu is riding the current crypto market rally, gaining 10% on April 10 and outperforming other meme coins like Dogecoin, Pepe, and Bonk. This renewed momentum comes as fears of a broader recession ease. Attention now turns to whether SHIB can eventually flip Dogecoin in market cap, especially with its layer-2 network, Shibarium, approaching a 200M milestone. Despite a low TVL, Shibarium recently processed over 1 billion transactions signaling ongoing development.
Meanwhile, XRP has also surged nearly 10%, fueled by broader market recovery and optimism around the recent ETF success in the U.S. Analyst EGRAG CRYPTO flagged a rare bullish crossover on the XRP/BTC chart between the 55-week EMA and the 155-week MA—suggesting a potential breakout. If XRP/BTC revisits the 55 EMA at 0.00001850 and Bitcoin climbs to $80,000, XRP could reach $1.48. And if history repeats with a 958% move on the pair, XRP might aim even higher.
