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Ripple’s XRP price has experienced a remarkable surge in the past month, reaching new historic highs. This unprecedented growth has led to a considerable increase in its market capitalization, surpassing $200 billion. The asset’s recent rise can be attributed to an array of bullish factors, including rising public interest, increased network growth, significant whale accumulation, and favorable regulatory updates.
The cryptocurrency continues to gain traction, with many analysts expecting the uptrend to persist in the short term. Renowned market expert Ali Martinez anticipates a weekly close above $3 could pave the way for a potential rise to as high as $4.80. Another analyst, Javon Marks, is even more optimistic, envisioning a hike to a significant milestone of $10.
On the other hand, Shiba Inu’s SHIB has recorded an impressive 30% increase in value over the last two weeks, with its market capitalization briefly exceeding $9 billion. However, many of its holders are still sitting on unrealized losses, as they purchased the asset when it was trading at a higher price.
Despite this, numerous analysts remain optimistic about SHIB’s potential for future growth. One such analyst, CJ, has identified a “pretty epic structure” in the coin’s price chart and predicts an imminent massive surge.
Source: cryptopotato.com
