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Cardano Breaks Out of Falling Wedge, Now Eyes $0.95 Resistance

Mark Brennan
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Cardano Breaks Out of Falling Wedge, Now Eyes $0.95 Resistance

Cardano has broken out of a multi-week falling wedge, suggesting a potential shift in market direction. 

The pattern, identified by the analytical account My Crypto Paradise, indicates that ADA now faces key support and resistance zones that could determine whether the move gains momentum or fades.

The falling wedge formation had constrained ADA’s price action for several weeks. The breakout, if sustained, could signal renewed interest from buyers. However, the analyst cautions that such moves can sometimes trap late entries if not supported by strong follow-through.

Cardano Support Zone Under Watch

The analyst noted that the $0.7300–$0.7450 area is now acting as the first major support level. This zone must hold to confirm the bullish structure. A failure to stay above this range could push the price back into a broader demand area between $0.6700 and $0.7100.

Cardano technical analysis
Cardano technical analysis

If ADA falls below $0.6600, this would invalidate the wedge breakout. Such a move could shift the outlook to bearish and increase selling pressure.

Notably, Cardano is trading at $0.8021, a 7.9% surge in the past day. The token has now seen an 11% surge in the past week, increasing its uptick to 34.6%. 

Cardano’s Key Resistance Levels Ahead

On the upside, My Crypto Paradise identified $0.8600 as the first minor resistance point. Beyond that, the real test lies between $0.9300 and $0.9500, a historically strong resistance zone.

This level could attract profit-taking from traders who entered lower and also serve as a re-entry point for short-sellers. The outcome of ADA’s attempt to break through this zone may determine the mid-term trajectory of the token.

The analyst noted that technical indicators are beginning to support the bullish thesis. The Relative Strength Index (RSI) has turned upward, signaling improving momentum and buyer participation. Still, the analyst urges traders to manage risk carefully, especially given the potential for price rejection at higher levels.

Analyst Targets $2.0 to $2.5 for Cardano

Meanwhile, another chart shared by analyst CryptoGnojek also confirmed Cardano had broken out of a falling wedge pattern, signaling a bullish reversal. The analyst noted that ADA is now targeting the $2.00 to $2.50 range, with the breakout suggesting a possible extended rally. 

Analyst gives ADA next target
Analyst gives ADA the next target

He highlighted key Fibonacci retracement levels, with immediate resistance at $0.917, followed by $1.35 and $1.699. The primary target lies at the 0.618 Fibonacci level of $2.049, with the upper resistance zone extending to $2.546. 

Further target includes $3.180, while the full extension at $5.010 represents a long-term bullish scenario. The breakout is a crucial turning point, but ADA must hold above support and clear near-term resistance to confirm the reversal.

Notably, prominent analyst Ali Martinez had earlier identified Cardano’s potential targets at $3.09, $4.19, and as high as $6.25 if the pattern repeats. He compared ADA’s current price action to its 2020–2021 bull run, noting structural similarities despite a slower pace. 

Shiba Inu 589% Surge Possible If It Trades Above This Make-or-Break Zone 

Mark Brennan
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0
Shiba Inu 589% Surge Possible If It Trades Above This Make-or-Break Zone 

Shiba Inu (SHIB) is retesting a critical price range that has acted as a support base since early 2022. Actions at this level will determine if it could soar to higher grounds from here.

According to technical analyst Crypto Nuclear, the current level between $0.00001090 and $0.00001190 is a major demand zone. What happens next could define SHIB’s trend for the remainder of the year with a possible price surge up to $0.00008836.

Shiba Inu Returns to Key Demand Zone; Upside Targets if Support Holds

Crypto Nuclear called attention to the long-term support area. The range has been tested multiple times since 2022, each time helping to stabilize the price and absorb selling pressure.

Shiba Inu testing make or break zone
Shiba Inu testing make-or-break zone

The analyst emphasized that this zone marks a decisive point in the trend, where bullish participation is essential to maintain the market structure. The repeated retests of this accumulation zone are setting the stage for a breakout if the support continues to hold.

If SHIB maintains its position above $0.00001190 and attracts stronger buying interest, several upside resistance levels may come into play. The first is $0.00001580, followed by what Crypto Nuclear termed as mid-term bullish targets: $0.00001940, $0.00002400, and $0.00003338.

The analyst projected $0.00007870 and $0.00008836 as the long-term target, a 514% to 589% uptick from the current price. This area is a key supply zone and aligns with previous SHIB price peaks.

Notably, Shiba Inu is trading at $0.00001281, a 3.5% rise in the past day, increasing its monthly gain to 8.3%. A confirmed breakout above $0.00001580, particularly with increased volume, could signal a trend reversal and possibly end the extended consolidation.

Risk of Breakdown Remains for Shiba Inu 

Despite signs of accumulation, the risk of a bearish breakdown is still present. If SHIB drops below $0.00001090, it could signal trend weakness and trigger a deeper correction.

Crypto Nuclear identified lower support zones at $0.00000900, $0.00000700, and $0.00000550. A fall into this range may suggest the market is shifting from accumulation to a distribution phase, where lower lows become more likely.

Crypto Nuclear suggests the current structure resembles a Wyckoff-style spring, a pattern that typically precedes bullish expansion. This setup involves a fake-out below support before a sharp rally begins.

Other Analysts Predict Shiba Inu’s Price 

Meanwhile, according to analyst Javon Marks, Shiba Inu may be preparing for a breakout after confirming a bullish divergence on the two-day chart. Marks projects a 156% rally from the confirmation level near $0.0000125, targeting $0.000032, a level not seen since March 2024. 

Meanwhile, analyst Jonathan Carter noted that Shiba Inu is now consolidating above a key support zone between $0.00001050 and $0.00001250, an area that has historically attracted buyer interest.

Carter views this as an accumulation phase and says holding this support could lead to a sustained rally. He identifies potential resistance targets at $0.00001400, $0.00001750, $0.00002050, and $0.00002500.

Jonathan Carters target for SHIB
Jonathan Carter’s target for SHIB

Notably, Shiba Inu could see a 516% surge if its market cap hits $45 billion, according to Jake Gagain. This would push the price to $0.00007636, nearing its 2021 peak. From June’s low of $0.00001004, the move would mark a 660% gain. Analyst Hunters Company shares a similar target, citing a rebound from key support.

XRP Overtakes Uber in Market Cap, Sets Sights on $200B Valuation

Lele Jima
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0
XRP Overtakes Uber in Market Cap, Sets Sights on $200B Valuation

XRP has achieved a significant milestone as its market capitalization surpasses the valuation of the American multinational transportation company Uber. 

Popular crypto aggregator CoinGecko highlighted the latest feat today, noting that XRP’s market cap has surpassed that of Uber. According to the announcement, the market value of XRP reached $196.6 billion today, exceeding Uber’s $193.7 billion valuation.

XRP reached this milestone after a dramatic rally triggered by the SEC and Ripple’s joint motion to dismiss their appeals. The filing ignited a new rally for XRP, with its price soaring from $2.99 to $3.38, marking an intraday increase of 13%.

XRP Flips Major Firms in Global Asset Rankings

Before the filing, XRP’s market cap hovered at around $184 billion, positioning it as the 94th biggest asset globally. At the time, the cryptocurrency ranked behind major companies like Uber, PepsiCo, Commonwealth Bank, and HDFC Bank.

Interestingly, XRP has now overtaken these firms and climbed to the 87th position in the global asset rankings. With XRP currently trading at $3.34, the token’s market cap stands at $198.1 billion. Over the past 24 hours, XRP’s price has climbed 12.23%, while its trading volume has surged 173.16% to $11.49 billion.

On the other hand, Uber’s stock is trading at $92.67, translating to a market valuation of $193.78 billion. Meanwhile, U.S.-based PepsiCo, India’s HDFC Bank, and Australia’s Commonwealth Bank are valued at $197.03 billion, $193.69 billion, and $192.57 billion, respectively.

XRP outperforms top companies
XRP outperforms top companies

XRP Eyes $200B Valuation

At the moment, XRP is less than $3 billion away from overtaking other major companies, like Shopify, AT&T, and Merck. Last month, XRP outpaced most of these companies, including Uber, after its valuation surged above $215 billion in the broader bull market of July.

However, it plunged below the $200 billion territory as Trump unveiled his most recent tariff plan. Now, XRP is once again aiming to reclaim that milestone, fueled by the recent joint motion from the SEC and Ripple.

Despite surpassing major traditional assets, XRP remains the third-biggest cryptocurrency by market cap. It currently ranks behind Ethereum and Bitcoin, which are valued at $472 billion and $2.32 trillion, respectively.

SNEK Core Contributor Claims SNEK Will Push Cardano Forward “Again and Again”

Elendu Benedict
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SNEK Core Contributor Claims SNEK Will Push Cardano Forward “Again and Again”

The SNEK meme community is not backing down on its belief that it has significantly impacted the Cardano ecosystem and deserves more recognition.

Core contributor Rami rekindled the hot debate about the SNEK token’s relevance within the Cardano ecosystem in an August 7 tweet. In the post, he emphasized that the meme coin will push Cardano forward “again and again.”

Rami also added that SNEK meme coin has and will continue to bring adoption to Cardano. His tweet reiterates the meme coin community’s stance that it holds high significance to the network amid a recent disagreement with Cardano founder Charles Hoskinson.

What Went Down Between the SNEK Meme Community and Cardano Founder

Notably, the disagreement began with a proposal from the SNEK team seeking to withdraw 5 million ADA ($3.9 million at press time) from the Cardano treasury to fund listing on more tier 1 exchanges.

Accompanying the proposal was a track record of SNEK’s importance to the Cardano ecosystem. For context, over 42,000 wallets hold SNEK, which is the largest among other Cardano native tokens.

Additionally, SNEK is the most traded token on Cardano, accounting for 2 billion ADA in all-time trading volume. The token has also secured listings in prominent exchanges like Kraken and Crypto.com, all of which were self-funded efforts.

Excerpt from SNEK Meme Cardano Treasury Withdrawal Proposal
Excerpt from SNEK Meme Cardano Treasury Withdrawal Proposal

Considering these, the SNEK team sought funding to expand its reach further, a request that Hoskinson asked the community to restructure. He insisted that no one was getting funded from the Cardano treasury to cover listing fees, not even Midnight.

SNEK Community Reacts

Despite Hoskinson stating that he supports the SNEK community, his proposal to restructure the request as a bond repayable in the next three years didn’t bode well with the meme coin’s enthusiasts. This sparked a debate on SNEK’s relevance to the ecosystem, specifically in comparison with the imminent privacy-focused Midnight.

They claimed that this was not just the reason why Cardano-native tokens don’t list on major exchanges, but also highlights the negligence of SNEK’s massive impact on the ecosystem. A user went as far as stating that there would be nothing left on Cardano without SNEK.

While the debate has died down slowly, Rami’s tweet yesterday has rekindled the narrative. His post suggests that although some, like Hoskinson, might not appreciate their efforts, they will continue to help Cardano thrive.

Meanwhile, SNEK continues to lead proceedings in the Cardano ecosystem, rallying 16.63% in the past 24 hours. It currently ranks as the 218th token in the global market cap ranking, with a valuation of $310 million.

Wealth Manager Says Final Hurdle to BlackRock’s XRP ETF Is Now Cleared

Abdulkarim Abdulwahab
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0
Wealth Manager Says Final Hurdle to BlackRock’s XRP ETF Is Now Cleared

Nate Geraci, President of ETF Store and NovaDius Wealth Management, believes the final impediment to BlackRock filing for an XRP ETF may have dissolved.

In a tweet, Geraci expressed that a BlackRock iShares XRP ETF could surface at any time as regulatory pressures ease. This follows the official end of the lawsuit between the U.S. SEC and Ripple.

Ripple–SEC Lawsuit Officially Ends

For context, on Thursday, Ripple and the U.S. SEC jointly filed to dismiss their appeals in the Second Circuit, marking the end of a nearly five-year legal battle. The motion came after an internal SEC vote in which most commissioners supported closing the case.

Highlighting the development on social media, Ripple Chief Legal Officer Stuart Alderoty declared that the company is now free to focus entirely on business operations. The legal fight, which began in December 2020, cost Ripple more than $150 million and led to a 2023 court ruling that XRP itself is not a security.

This favorable outcome improved XRP’s standing among institutions and trading platforms. Following a final ruling by Judge Analisa Torres in August 2024, both parties entered an appeal. However, they have now agreed to withdraw it, bringing the case to a definitive close.

BlackRock May Now File for XRP ETF

Reacting to the news, ETF expert Geraci suggested that BlackRock may have been waiting for the Ripple lawsuit to conclude before filing for an iShares XRP ETF. He expressed strong confidence in this timing strategy, stating he would accept being proven wrong.

Geraci argued that it makes “zero sense” for BlackRock to limit its crypto ETF offerings to just Bitcoin and Ethereum. According to him, such a move would imply that they believe only those two assets will ever hold value.

ETF Race Could Heat Up

Notably, other issuers such as Bitwise, Franklin Templeton, and Grayscale are already seeking SEC approval for spot XRP ETFs. BlackRock’s entry could dramatically shift the competitive landscape.

The SEC’s final deadlines for decisions on XRP ETFs are in Q4 2025, leaving a limited window for new applications.

If BlackRock proceeds, its existing dominance in Bitcoin and Ethereum ETFs could expand into the broader crypto ETF market, a development many XRP investors see as a major catalyst for price growth.

For context, BlackRock holds 738,170 BTC worth over $86 billion. During the period it accumulated this Bitcoin, the price surged from $45,000 to over $123,000. Given this precedent, XRP commentators like Zach Rector believe XRP’s price could 10X to $30 by next year.

Trump Executive Order Expands Crypto Access for 90M Americans, Says White House Crypto Czar

Mark Brennan
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Trump Executive Order Expands Crypto Access for 90M Americans, Says White House Crypto Czar

David Sacks, White House Crypto Czar, says President Donald Trump’s new executive orders will grant over 90 million Americans access to digital assets through their retirement accounts. 

According to David Sacks, the executive order signed yesterday, August 7, also includes a ban on banking discrimination based on political or religious grounds.

Bitcoin and Crypto in Retirement Accounts

One of the executive orders, titled “Democratizing Access to Alternative Assets for 401(k) Investors,” enables workers in the private sector to include alternative assets like cryptocurrencies in their 401(k) retirement plans.

Previously, this level of investment flexibility was largely reserved for government employees, who had access to a broader range of asset classes.

Sacks mentioned that the policy change aims to level the playing field for over 90 million American workers. He noted that by expanding access to digital assets within retirement accounts, the administration is opening the door to greater portfolio diversification and potentially stronger long-term returns.

Notably, the order directs the Department of Labor to review its guidance on fiduciary duties under ERISA and coordinate with the Treasury and SEC to align related regulations. The order also tasked the SEC with revising rules to improve access to these assets in defined-contribution plans.

Senator Cynthia Lummis praised the move, calling it a historic day for digital assets and highlighting that millions of Americans can now strengthen their financial futures by including cryptocurrencies in their 401(k) plans.

Ending Political Bias in Banking

The second executive order focuses on eliminating bias in the banking system by prohibiting financial institutions from refusing services based on an individual’s political views, religious beliefs, or involvement in lawful business activities.

The directive responds to past concerns over politically motivated financial restrictions, including high-profile cases where some business executives accused banks of closing accounts due to ideological differences in what many call Operation Chokepoint 2.0.

With the new directive, the Trump administration seeks to end such practices and ensure equal access to banking services across all ideologies.

What This Means for Bitcoin and Crypto

Industry watchers see the orders as a step toward stronger protections for digital finance and broader acceptance of crypto in traditional financial systems.

Galaxy Digital CEO Mike Novogratz says Donald Trump’s support for crypto in 401(k) plans could trigger major capital inflows into Bitcoin and the broader digital asset market.

Novogratz noted that making crypto accessible through familiar retirement platforms like Fidelity could open the door for both retail and institutional investors to enter the space through regulated, tax-advantaged channels.

Crypto trader Satoshi Flipper noted that even a 5% shift of the $12 trillion held in 401(k) accounts into Bitcoin and Ethereum could inject $600 billion into the crypto market, highlighting the massive liquidity potential unlocked by the new policy.

Meanwhile, political economist Crypto Seth is very bullish following the executive order. He suggested that if just 1% of 401(k) funds, about $122 billion, flows into Bitcoin starting at $116,000, the price could surge to between $177,000 and $271,000, depending on market multipliers.

Notably, Bitcoin is trading at $116,565, a 1.8% increase in the past day. Ethereum is also surging to the $4,000 mark, currently trading at $3,903, a 5.9% rise in the past day.

Away from the positive sentiments, Peter Schiff criticized the policy, arguing that allowing Americans to invest their limited retirement savings in Bitcoin and other cryptocurrencies will worsen an already serious retirement crisis.

Donald Trump Signs Executive Order to Prevent Banks From Discriminating Crypto

Elendu Benedict
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Donald Trump Signs Executive Order to Prevent Banks From Discriminating Crypto

US President Donald Trump on Thursday signed an executive order to prevent banks from discriminating against the crypto industry.

Trump signed another pro-crypto executive order yesterday, this time targeting complaints from crypto industry leaders of a coordinated effort to “debank” them. For the uninitiated, the term describes a discriminatory approach where a bank rejects a customer, and this can happen for several reasons.

The August 7 executive order aims to tackle this menace, particularly for those also cut off due to their political and religious biases. This adds to Trump’s effort to bar banks from sidelining crypto enthusiasts.

Trump Signs to End Crypto Discrimination

Meanwhile, the order mandated federal regulators to end bias against legal businesses or individuals due to “reputational risk.” It also urged them to evaluate existing guidelines and rescind any that encourage this discrimination.

Furthermore, it tasked Wall Street regulators to investigate if any bank had in the past or currently, formerly or informally, adopted policies that unlawfully debank crypto firms. Additionally, the order threatened fines and other disciplinary actions against banks that discriminate against conservatives or crypto affiliates.

The order addresses Operation Choke Point 2.0, a term coined from a targeted action to ostracize the crypto industry from relating to the banking system. The alleged scheme was in full swing in the Biden administration, as banks were encouraged to disconnect from the heavily regulated digital asset sector.

While crypto firms have received a warmer treatment since Trump assumed office, the order aims to permanently ensure persistent compliance. Recall that Federal Reserve Chair Jerome Powell stated in January that banks can offer crypto services, with both the FDIC and OCC clearing banks under their jurisdiction to do so.

Crypto History with Debanking

Remarkably, some high-profile industry leaders have faced debanking issues over the years. One such is Ripple CEO Brad Garlinghouse, who disclosed in October 2024 that Citigroup asked him to move his account elsewhere due to his ties with the crypto industry.

Eric Trump, who is an executive of World Liberty Financial, also revealed a similar treatment, noting that he discovered crypto because many US banks debanked him for his political affiliation. Several others, like Coinbase CEO Brian Armstrong, the Winklevoss twins, and Kraken co-founder Jesse Powell, experienced similar marginalization.

Trump Signs Another Pro-Crypto Executive Order

Meanwhile, Trump also signed an executive order on Thursday opening the crypto market to the $12.5 trillion retirement fund market. The order now allows 401(k)s to buy Bitcoin and other alternative assets, such as real estate.

Notably, the president has signed several executive orders since assuming office in January aimed at making America the crypto capital of the world. Recall that he signed one to create a national strategic crypto reserve in March. This highlights Trump’s efforts to fulfill his promises to the crypto industry and support technological innovation in the US.

Ripple CLO Says It’s the End as Ripple and SEC Jointly File to Dismiss Appeal in XRP Lawsuit

Lele Jima
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0
Ripple CLO Says It’s the End as Ripple and SEC Jointly File to Dismiss Appeal in XRP Lawsuit

The U.S. SEC and Ripple have jointly filed a motion to dismiss the appeals and cross-appeals in the Second Circuit. 

The parties filed the motion yesterday under Federal Rule of Appellate Procedure 42(b)(1), officially bringing their nearly five-year legal tussle to an end. 

Notably, the SEC and Ripple submitted a joint stipulation for dismissal following an internal vote at the commission yesterday. With most commissioners favoring a dismissal, the SEC, Ripple, and its execs–Chris Larsen and Brad Garlinghouse–jointly agree to withdraw the appeal and cross-appeal.  

According to the motion, each party would bear its own costs and fees. Ripple’s Chief Legal Officer (CLO), Stuart Alderoty, also confirmed the parties’ move to dismiss their appeals in the Second Circuit. Notably, Alderoty declared an end to the longstanding lawsuit, emphasizing that Ripple is now back to business. 

SEC v. Ripple Case Overview

For context, the SEC officially introduced the Ripple case on December 22, 2020. It alleged that the company violated federal securities laws by illegally selling XRP to U.S. investors. Notably, the case began in full in early 2021. 

After a heated legal battle that cost Ripple over $150 million, U.S. District Judge Analisa Torres issued her summary judgment decision in July 2023. In the ruling, she held that XRP is not a security in itself and that Ripple’s programmatic sales of the token on digital exchanges were not investment contracts. 

However, she declared that Ripple violated the law via its past XRP sales to institutions. For this violation, the judge ordered Ripple to pay a fine of $125 million and also imposed a permanent injunction on the company’s future institutional sales. 

Ripple and SEC Appeals 

Unsatisfied with the verdict, the SEC, under the leadership of Gary Gensler, initiated an appeal, challenging the judge’s programmatic sales ruling. Ripple followed suit and filed a cross-appeal to overturn the decision on its past institutional sales. 

Following the re-election of President Donald Trump, the regulatory landscape shifted, and market watchers widely speculated that the parties would drop their appeals. That projection materialized in early 2025 when the SEC and Ripple agreed to pursue a resolution. 

The agreement involves modifying Judge Torres’ final judgment to potentially slash Ripple’s fine from $125 million to $50 million and dismiss the permanent injunction. 

Judge Torres declined to modify her final decision but urged the parties to withdraw their respective appeals. 

The SEC and Ripple have finally decided to end their longstanding legal battle by officially filing a joint motion to dismiss their appeals. Once the Second Circuit enters the motion, the parties’ appeals will be terminated, ending the nearly five-year lawsuit surrounding XRP and Ripple. 

XRP Sees Double-Digit Gains

As expected, the move significantly impacted the price of XRP, which initially plunged below the $3 mark earlier this week. With the parties filing the joint motion for dismissal, XRP rallied significantly to an intra-day high of $3.38.

It is currently trading at $3.34, marking an upsurge of 12.34% over the past day and 12.27% in the past week. 

XRP Price by 2040 If XRP Sees a Steady 2% Monthly Increase

Sam Wisdom Raphael
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XRP Price by 2040 If XRP Sees a Steady 2% Monthly Increase

If XRP maintained a steady 2% monthly growth from now until July 2040, it would be able to cross the $100 psychological mark.

Notably, XRP has rebounded considerably from its recent correction, but its price still hovers around the $3 range. It staged a strong recovery following the latest development in the Ripple vs. SEC case, as both sides filed to withdraw their respective appeals, effectively closing a nearly five-year legal battle. 

This month, XRP is now posting a meager 1.43% gain, having reclaimed all it lost earlier in the month. Still, currently trading for $3.36, many analysts and investors believe XRP remains undervalued and should be trading much higher.

The Journey Through a 2% Consistent Monthly Increase

Some market watchers expect it to eventually hit double or even triple-digit prices. With these expectations in mind, we recently examined what would happen if XRP grew by a modest but consistent 2% each month, starting in September 2025 and continuing through July 2040.

Our assessment found that XRP would close out 2025 at $3.64, representing an 8.3% gain. While this is positive, it would be underwhelming for most investors, especially since XRP already reached a yearly high of $3.66 in July. 

Notably, in contrast, market analyst Alex Cobb has already forecast a potential surge to $22.54 by December 2025, which massively exceeds the $3.64 outcome under the 2% growth scenario.

However, the beauty of relentless growth comes from its consistency over a longer period of time. Specifically, by December 2026, XRP’s price would rise to $4.61. A year later, in December 2027, it would climb to $5.86. This would represent a 74% increase in just two years.

Meanwhile, by December 2030, the projection places XRP at $12.01, aligning with asset manager Bitwise’s base-case forecast of $12.68 for that year, which assumes an annualized growth rate of 27%. Interestingly, in their more optimistic bull case, Bitwise expects XRP to reach $29.32 by 2030.

XRP Price by July 2040 If It Grows 2% Each Month

Now, if the steady 2% monthly increase continued from the $12.01 level in December 2030, XRP would break the $100 barrier by 2040. In January 2040, it would trade at $101.67, and by July 2040, it would reach $119.81. This marks a 3,465% gain from its August 2025 price of $3.36. 

Interestingly, this final price matches forecasts from Telegaon analysts, who put XRP’s minimum price for 2040 at $119.08. Notably, these analysts also expect XRP to hit a maximum price of $160.34 by 2040.

XRP Price Predictions Telegaon
XRP Price Predictions | Telegaon

Meanwhile, for long-term holders, the 2% growth would lead to remarkable returns. For instance, an investor who committed $10,000 at today’s price of $3.36 would acquire 2,976 XRP tokens. Holding them until July 2040 at the projected $119.81 price would turn that investment into over $356,000.

However, it’s worth noting that sustaining a 2% monthly increase for 15 straight years is highly improbable. Historically, XRP’s longest streak of consecutive monthly gains lasted just four months, from March to June 2017. 

Moreover, XRP also has a reputation for sharp, sporadic price surges, such as those seen in November 2024 and January 2025. This suggests it is unlikely to follow such a smooth growth path over the long term, especially one as meager as 2%.

Shiba Inu to $0.01: Expert Dismisses “Impossible” Claim

Lele Jima
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0
Shiba Inu to $0.01: Expert Dismisses “Impossible” Claim

A popular community figure has pushed back on skeptics who believe Shiba Inu’s potential surge to the $0.01 target is unattainable. 

Luis Delgado, popularly known in the Shiba Inu community as Del Crxpto, dismissed this skepticism using the “Them vs. Me” meme format. 

Notably, the “Them” segment represents the opinions of naysayers who consider the $0.01 price target an impossible milestone for Shiba Inu to attain. This ideology rules out the possibility of SHIB ever reaching $0.01. 

However, on the “Me” side, where Delgado belongs, the expert pushed back on skeptics, emphasizing that he has seen the impossible happen in the crypto market on several occasions. 

Impossible Crypto Wins Suggest SHIB to $0.01 is Possible 

For context, the crypto market has recorded several unthinkable moves. This ranges from Shiba Inu’s 2021 rally that led to gains in the hundreds of millions of percent to nations weighing Bitcoin as reserve assets.

Many initially doubted the possibility of any of these things happening in the early days of crypto. However, these events materialized despite naysayers believing it would never happen. 

In Delgado’s view, if feats that many consider impossible eventually come to fruition, then SHIB can still pull off a miracle and skyrocket to $0.01. Hitting this target demands a rally of 82,272% from the current price of $0.00001214. 

Experts Bullish on $0.01 Forecast 

Despite the hefty growth requirement, Delgado has been stressing that Shiba Inu will clinch the target someday. In a previous report, the community expert teased that Shytoshi Kusama, the lead developer of the Shiba Inu ecosystem, has several initiatives lined up to propel SHIB to the ambitious target. 

Following the bold declaration, many wondered whether Delgado had insider knowledge of an upcoming project or announcement that the team planned to unveil to potentially push the price to $0.01. 

Since making the declaration in mid-June, Shiba Inu has yet to see any major announcements that could catalyze a massive rally. Although SHIB rallied to nearly $0.000016 last month, the token is back to the $0.000012 region. 

In the meantime, optimism about Shiba Inu’s potential rally to $0.01 has not diminished. Shiba Inu’s marketing specialist, Lucie, and other community members portray the $0.01 prediction as a realistic target. 

ChatGPT Forecasts Timeline for SHIB Surge to $0.01 

However, many have refrained from estimating a timeline for Shiba Inu’s rally to the $0.01 target. As a result, we consulted the top AI chatbot ChatGPT for a potential timeline for this rally. 

According to ChatGPT, Shiba Inu will attain the ambitious $0.01 target within the next 1-2 years, possibly by 2026 – 2027, under an optimistic scenario. Factors driving this projection include massive token burn, a historic 2025/2026 bull run, and ETF news relating to SHIB. 

For the base estimate, the chatbot sees SHIB reaching $0.01 within the next 3-5 years (2028 – 2030), potentially driven by steady ecosystem growth and 2028 post-halving rallies. 

Based on its conservative projection, ChatGPT expects SHIB to trade at $0.01 within the next 5-7+ years, specifically by 2030 – 2032. The factors fueling this projection include strong institutional adoption, major tokenomics overhaul, and generational adoption. Nonetheless, caution is crucial—nothing in the crypto space is guaranteed. 

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