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Here Is How Much 700M Shiba Inu Could Be Worth If SHIB Reclaims $0.00008845

Lele Jima
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Here Is How Much 700M Shiba Inu Could Be Worth If SHIB Reclaims $0.00008845

Following Shiba Inu’s latest rally above the $0.000015 mark, there is rising optimism that SHIB could reclaim its previous ATH and bring in substantial gains for early investors. 

The highly anticipated “Crypto Week,” which spanned July 14 – 18, ended on a positive note for the broader market. The week, which began with the U.S. House passing three important crypto bills, ended with Donald Trump signing the GENIUS Stablecoin Act into law. 

Shiba Inu Climbs Above $0.000015  

Interestingly, these developments have driven up the prices of major cryptocurrencies, including Shiba Inu. Prior to the “Crypto Week,” the price of Shiba Inu hovered around the $0.000013 territory. However, Shiba Inu surged to a two-month high of $0.00001575 on July 18–the same day Trump signed the GENIUS Act. 

Amid this rally, Shiba Inu took a step forward in the global crypto ranking, becoming the 18th-largest token in the market. It still maintains this position as of the time of publication. Currently trading at $0.00001509, Shiba Inu has a valuation of $8.89 billion. 

This renewed rally has reignited investors’ confidence in Shiba Inu, with some enthusiasts projecting that the asset might eventually reclaim its previous all-time high (ATH). 

Recall that Shiba Inu reached a peak price of $0.00008845 on October 28, 2021. It achieved the feat following a remarkable run that removed six leading zeros from its price. The canine-themed token has dropped 82.93% from its previous all-time high. 

Worth of 700 Million SHIB If Shiba Inu Reclaims ATH 

However, there is growing confidence that Shiba Inu will reclaim its previous ATH soon. In light of this, we explored how much 700 million SHIB tokens acquired at the current price would be worth if Shiba Inu were to reclaim $0.00008845 – its prior peak. 

At press time, Shiba Inu was trading at $0.00001509, representing a double-digit increase of 12.67% in the past seven days. Its price has also grown 29.42% over the past month. Based on Shiba Inu’s current price of $0.00001509, 700 million SHIB tokens cost $10,563. 

The value of these 700 million tokens will spike to $61,915, assuming Shiba Inu reclaims its ATH and hits a unit price of $0.00008845. This represents an ROI of more than $51,000. 

Potential Timeline for SHIB to Revisit ATH 

Although optimism is rising that Shiba Inu could reclaim its previous all-time high, the timing remains uncertain. However, there is a growing consensus that Shiba Inu will set a new all-time high target of at least $0.0001, surpassing the previous $0.00008845 by 13.05%. Proponents of this forecast believe that Shiba Inu will surpass $0.00008845 and eventually climb above $0.0001 this year. 

Experts with these projections include Eunice Wong, a prominent market chartist who set Shiba Inu’s 2025 maximum target at $0.000125. Additionally, Forbes suggested last year that Shiba Inu will also surge beyond $0.00008845 by 2025, projecting a price range of $0.0001 – $0.0003 for SHIB. 

However, Changelly, a crypto trading platform, sees SHIB reclaiming its previous ATH four years later, precisely in March 2029. Changelly’s forecast emphasizes the need for caution as Shiba Inu is not guaranteed to reclaim its ATH anytime soon. 

Pundit Says VeChain Breakout Possible With 340% Gain – Details

Mark Brennan
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Pundit Says VeChain Breakout Possible With 340% Gain – Details

Top crypto analyst Michaël van de Poppe has shared a bullish outlook on VeChain ($VET).

He has predicted that the asset is preparing for a significant breakout, with a potential price target of $0.12 in the coming months.

Double Bottom Structure With Strong Fundamental Indicators

In an X post today, van de Poppe highlighted VeChain’s current market structure, noting that the asset has returned to historically strong accumulation levels.

 

The chart pinpoints a $0.019–$0.028 range as a recurring support level, and $VET’s current $0.0275 places it firmly within this accumulation band. According to the analyst, this is a great sign to accumulate the position as the token has been corrected by more than 70% in the last 6 months.

The chart further shows that VET has created two clear bottom formations over the past two years – first in mid-2023, and again in early 2025. This double-bottom structure is typically seen as a strong reversal signal, especially when coupled with rising volume and positive sentiment shifts.

Fundamentally, van de Poppe pointed out that VeChain has continued to build through the bear market. On July 1, VeChain’s much-anticipated protocol upgrade, Stargate, was successfully launched. He notes that protocol’s ongoing developments, combined with lower token inflation and increased user rewards, are creating a “flywheel” effect. In flywheel, as usage grows, rewards also grow with increased user retention. This will likely end up in gain for $VET.

 Fibonacci Suggests $0.12 Target – But Not Overnight

Interestingly, the analyst anchored his bullish forecast on a Fibonacci extension pattern. He noted that during $VET’s last major rally, the token peaked at the 1.618 Fibonacci level.

If VeChain repeats this historical price action, van de Poppe believes the asset could be on track for a move toward $0.12. This would mark a more than 340% gain from its current price of $0.027.

However, while technicals suggest a strong base, the chart doesn’t imply an immediate surge. Instead, the 69-week arrow implies a patient, multi-month consolidation before a potential breakout.

The chart’s current RSI reading at 41 suggests neutral to mildly oversold conditions. Thus, combined with the current volume build-up and neutral-to-rising RSI, van de Poppe’s view indicates a gradual bullish formation for long-term $VET holders.

SharpLink Gaming Acquires 79,949 Ethereum in Largest Weekly Crypto Purchase

Zabi
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SharpLink Gaming Acquires 79,949 Ethereum in Largest Weekly Crypto Purchase

U.S.-listed SharpLink Gaming, Inc. has significantly expanded its Ethereum (ETH) reserves.

Today, it reported a 29% week-over-week surge in ETH holdings, now totaling 360,807 tokens as of July 20. Notably, the company added 79,949 ETH during the week at an average cost of $3,238 per token. This marks its largest single-week acquisition since launching its crypto treasury initiative.

Ethereum Treasury Strategy Gains Momentum

Since unveiling its digital treasury strategy on June 2, 2025, SharpLink has steadily increased its exposure to Ethereum. The initiative aims to shift part of the company’s balance sheet into blockchain-based assets, providing both liquidity and long-term growth potential. As a result, SharpLink now holds the world’s largest corporate treasury reserve of Ethereum.

In addition to purchasing ETH, the company has earned 567 ETH in staking rewards. This demonstrates returns earned through active participation in Ethereum’s proof-of-stake network.

SharpLink also introduced a new metric called “ETH Concentration” to track shareholder value in real terms. This metric measures ETH holdings per 1,000 diluted shares. The figure has increased to 3.06, reflecting a 53% rise since the strategy began. This signals a deliberate effort to enhance asset concentration and optimize treasury performance.

Capital Deployment Through Share Issuance

The growth in ETH holdings was made possible through the company’s At-The-Market (ATM) facility. SharpLink issued 3.8 million shares in the past week, raising $96.6 million in net proceeds. These funds were used to purchase Ethereum. 

The company has previously raised capital through similar issuances, 2.5 million, 5.5 million, and 24.6 million shares over the past several weeks. This demonstrates a consistent pattern of employing equity financing to bolster its cryptocurrency position.

The company still has $96.6 million available under its current ATM authorization. It appears poised to continue accumulating Ethereum in the coming weeks, depending on market conditions.

Favorable Regulatory Environment Spurs Confidence

SharpLink’s aggressive ETH strategy comes at a time when the regulatory landscape in the United States is shifting in favor of blockchain innovation. The recent passage of the Genius Act, signed into law by President Donald J. Trump, introduces a clear and comprehensive legal framework for digital assets and smart contracts.

For companies like SharpLink, which are actively integrating blockchain technologies, this legislation reduces regulatory ambiguity. It also opens the door for more institutional adoption and investment in crypto infrastructure.

The company views the new law as a critical development that supports both its current strategy and future growth in the digital economy.

By aligning its operations with Ethereum’s ecosystem and capitalizing on improved regulatory clarity, SharpLink is positioning itself as a forward-thinking player in the rapidly evolving digital asset sector.

Major US Bank PNC to Power Crypto Trading for Clients

Abdulkarim Abdulwahab
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Major US Bank PNC to Power Crypto Trading for Clients

PNC Bank has officially entered the crypto space through a strategic partnership with Coinbase, one of the leading crypto exchanges.

Both parties formally inked the partnership after years of teasers, dating back to 2021. This collaboration will now enable PNC to offer its institutional and banking clients secure access to crypto assets. This includes the ability to buy, hold, and sell digital currencies.

The partnership leverages Coinbase’s Crypto-as-a-Service platform, allowing PNC to integrate crypto functionality without directly managing the complex technical and regulatory infrastructure behind digital asset services.

William Demchak, CEO of PNC Bank, noted that partnering with Coinbase enhances the bank’s ability to deliver innovative crypto financial solutions to its clients. He emphasized that the collaboration supports the increasing demand for secure and seamless access to digital assets through PNC’s trusted platform.

Two-Way Partnership: Banking Services for Coinbase

In addition to providing crypto services to its clients, PNC will also offer banking support to Coinbase. This mutual exchange positions both companies to benefit from a more resilient and interconnected digital financial ecosystem.

Brett Tejpaul, Head of Coinbase Institutional, highlighted PNC’s position as a market leader in providing top-tier products to its clients. He expressed enthusiasm about supporting PNC’s move into the crypto asset space through Coinbase’s platform, which is built with a strong focus on security.

Essentially, PNC’s collaboration with Coinbase enables the bank to enter the market without directly acting as a crypto custodian or broker. For Coinbase, the partnership grants access to one of the largest diversified financial institutions in the U.S., along with its vast network of institutional and corporate customers.

U.S. Banks Entering the Crypto Space

PNC is now one of the largest U.S. banks to adopt crypto services at scale. Rivals like Goldman Sachs and JPMorgan are also entering the space, albeit more cautiously.

For instance, The Crypto Basic reported earlier today that JPMorgan Chase plans to offer loans backed by clients’ crypto holdings. Specifically, the bank may begin extending credit secured by assets like Bitcoin and Ethereum as early as 2026.

While JPMorgan is currently considering lending against crypto ETFs, accepting direct crypto as collateral would represent a deeper move into the space—one that its CEO, Jamie Dimon, famously called “fraud.”

In May, Morgan Stanley disclosed plans to offer spot crypto trading on its E*Trade platform. This would allow retail clients to buy and sell cryptocurrencies like Bitcoin directly from their brokerage accounts.

Notably, the initiative will launch by 2026. For now, the bank is exploring partnerships with crypto firms to build the necessary infrastructure.

Ethereum Michael Saylor Says No to Bitcoin: “I’d Rather Have an iPhone Than a Landline”

Elendu Benedict
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Ethereum Michael Saylor Says No to Bitcoin: “I’d Rather Have an iPhone Than a Landline”

Andrew Keys, the co-founder and chairman of the Ether Machine, says no to Bitcoin, suggesting that Ethereum is a better play.

The staunch Ethereum believer with the temerity of Strategy’s executive chairman, Michael Saylor, is making headlines. Specifically, Keys emphasized Ethereum’s superiority on CNBC’s Squawk show on Monday, referring to Bitcoin as a “landline.”

“I’d rather have an iPhone than a landline,” Keys said when host Andrew Ross Sorkin asked if he owned any Bitcoin.

The Ether Machine’s chairman insisted he is an “Ethereum guy” to the core, as he owns no Bitcoin. This sets him on an exclusive list of crypto enthusiasts who believe in Ethereum’s prospects without having a soft spot for the crypto leader.

Ethereum’s Utility in Focus

Meanwhile, Keys believes that Ethereum will become a more mainstream asset in the near term, a reason for his big bet. One of the catalysts for this projection is the recently approved GENIUS Act.

He stated that Ethereum is the largest beneficiary of the GENIUS Act, citing its large share of the stablecoin market as the reason behind his assertion. The Ether proponent noted that a majority of stablecoins are deployed atop the smart contract-infused network, making it a major medium for institutional settlements.

Note that over 50% of stablecoins in circulation are on the Ethereum network, and if the sector were to grow to the trillions of dollars predicted, the blockchain would benefit immensely. Keys compared this to Google’s 90% dominance as a search engine, in contrast to the traction for Yahoo and Bing.

Furthermore, the Ether Machine chairman claimed that Ethereum is the only blockchain that can house the decentralized global economy, highlighting its robustness as a major attraction. According to him, the network will be the go-to for institutional players either pursuing stablecoin utility or real-world asset tokenization.

Interestingly, Tom Lee, the co-founder of FundStrats, recently shared a similar sentiment, predicting that Ether will surge to $15,000 by the end of the year, driven by this bullish catalyst. However, unlike Keys, Lee maintained he is an adamant Bitcoin fan.

The Ether Machine’s Ethereum Venture

Meanwhile, the Ether Machine has become the latest Ethereum treasury firm, intending to build the largest institution-grade investment vehicle offering exposure to Ethereum. It resumed trading on Nasdaq today with the ticker ETHM through a merger with SPAC firm Dynamix Corporation.

Keys committed $645 million from his purse in an anchor investment in the Ether Machine and aims to build on it. Meanwhile, the firm seeks to raise $1.5 billion to fund its treasury and has received support from 10T Holdings, Pantera Capital, Electric Capital, and other notable investors.

It would now compete with firms like SharpLink, Bitmine, and Bit Digital for investors looking to indirectly gain exposure to Ethereum, the second-largest cryptocurrency by market cap.

US Senate Finally Unveils Draft Bill to Fully Regulate Bitcoin and the Crypto Industry

Sam Wisdom Raphael
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US Senate Finally Unveils Draft Bill to Fully Regulate Bitcoin and the Crypto Industry

The U.S. Senate has taken a massive step toward bringing order to the Bitcoin and crypto industry with the introduction of a comprehensive draft bill.

Republican Senators Tim Scott of South Carolina, Cynthia Lummis of Wyoming, Bill Hagerty of Texas, and Bernie Moreno of Ohio are behind the bill, which they titled the Responsible Financial Innovation Act of 2025.

Clearer Securities Rules

Notably, the lawmakers divided the bill into four major sections, each designed to handle a major area of concern. The first part focuses on securities laws. Specifically, it defines what digital assets are and states when a token should fall under securities regulations or when it shouldn’t. 

The bill allows certain tokens to qualify as commodities rather than securities, provided they don’t grant holders rights like equity or dividends. 

Meanwhile, token issuers who raise or trade more than $5 million in the U.S. must file regular reports about their operations, token economics, and leadership. The rules also stop insiders from quickly selling off tokens before a network becomes decentralized.

Protection Against Crimes and Responsible Banking Involvement

Further, in the second section, the bill addresses the growing concern around crypto-related crime. It directs the Treasury to develop standards for financial institutions working with digital assets and encourages law enforcement and regulators to share information with private crypto companies.

However, the third section sets clearer expectations for banks and investment firms. Notably, it mentions how banks can work with digital assets legally and calls for consistent rules when institutions include crypto in investment portfolios. It also updates how firms should calculate capital when crypto transactions are offset between parties.

The final part of the bill addresses the future. Interestingly, lawmakers proposed a sandbox that lets innovators test blockchain projects with lighter oversight. 

The bill also guarantees the right to self-custody, allowing individuals to hold and manage their crypto without going through a third party. In addition, it updates the SEC’s responsibilities to include support for innovation and urges regulators to align U.S. rules with global standards.

Senator Tim Scott, who chairs the Senate Banking Committee, said lawmakers in both chambers share a common goal of creating fair rules that protect investors while allowing innovation to thrive in the U.S. He stressed the importance of keeping digital finance rooted in American soil.

The Trump Administration Pushing to Regulate Crypto

This bill follows a series of moves the federal government has made since President Donald Trump returned to office in January 2025. 

Just days after taking office, he signed an executive order that created a task force focused on reforming crypto regulations. Also, another order rolled back earlier policies from the Biden administration.

Congress also took major action this month during what many in Washington now call “Crypto Week.” For context, lawmakers passed three major bills aimed at creating a national framework for digital assets. One of them, the GENIUS Act, sets strict rules for stablecoins. 

Moreover, the CLARITY Act, which passed the House and now awaits Senate approval, shifted regulatory power over digital asset commodities from the SEC to the CFTC. The bill gave developers decentralized platforms more breathing room while keeping enforcement tools in place for those who break the law.

Another bill, the Anti-CBDC Act, blocked the Federal Reserve from creating or testing a retail central bank digital currency without direct approval from Congress. Specifically, lawmakers designed the measure to protect financial freedom and privacy.

Six months into Trump’s second term, the push to fully regulate crypto in the U.S. has gained steam. As the new Senate bill gets on the table, the country is now looking to close the chapter on regulatory confusion.

Expert Says JPMorgan’s Crypto-Backed Loan Initiative Validates XRP as Legitimate Collateral Asset

Lele Jima
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Expert Says JPMorgan’s Crypto-Backed Loan Initiative Validates XRP as Legitimate Collateral Asset

Famous crypto investor and author Paul Barron hails JPMorgan’s crypto-backed loan initiative as a significant validation of XRP’s legitimacy as a collateral asset.

Earlier today, the Financial Times, a leading media outlet, reported that JPMorgan Chase, which boasts an AUM of $4.3 trillion, is planning to offer crypto-backed loans. 

According to insiders, JPMorgan plans to allow its users to borrow fiat currencies against their crypto holdings. The initiative, which could be unveiled as early as 2026, would enable JPMorgan Chase customers to utilize crypto assets, such as Bitcoin, Ethereum, and XRP, to obtain fiat loans. 

Huge Validation for XRP 

Although JPMorgan has not released an official statement confirming the report, the news is still seen as a huge win for leading assets, such as XRP. 

In an X post today, Barron emphasized that the development validates XRP, alongside Bitcoin and Ethereum, as legitimate collateral assets.

For context, banks have previously steered clear of lending against cryptocurrencies due to the volatile nature of these assets. Instead, they only accepted stable assets, such as real estate, as collateral. 

With JPMorgan considering backing loans with crypto collateral, it marks a significant shift in how traditional financial institutions view cryptocurrencies such as XRP. 

“When the world’s largest bank recognizes crypto’s value as loan backing, we’re witnessing the bridging between TradFi [traditional finance] and DeFi [decentralized finance] worlds,” Barron remarked. 

XRP-Backed Loan  

It is worth mentioning that XRP has previously been used as collateral to obtain loans. Earlier this year, the popular wealth management firm Digital Wealth Partners (DWP) disclosed that it had completed a seven-figure loan backed by XRP. 

Under the DWP initiative, XRP holders can unlock liquidity by using their tokens as collateral rather than selling them. 

Following Donald Trump’s inauguration as the 47th U.S. President, financial institutions and government agencies have changed how they treat cryptocurrencies. 

As previously reported, the Federal Housing Finance Agency (FHFA) directed that cryptocurrencies, such as XRP, should be considered when evaluating a borrower’s financial prowess during the mortgage application process. 

The federal agency issued this directive to two government-sponsored enterprises, Fannie Mae and Freddie Mac. The directive aligns with Trump’s goal of positioning the U.S. as a leader in the global cryptocurrency market. 

Meanwhile, JPMorgan has thrown its weight behind crypto, even though its CEO, Jamie Dimon, remains skeptical about the asset. The bank serves major cryptocurrency entities, including San Francisco-based cryptocurrency exchange Coinbase, and also leverages blockchain technology for global payments. 

In June, Bloomberg reported that JPMorgan was planning to let its wealth clients secure loans with Bitcoin ETFs. The Financial Times has suggested that JPMorgan could accept other crypto assets, such as Bitcoin, Ethereum, and XRP, as collateral for loans. 

Shiba Inu Price Could Reach $0.000308 to $0.00409: Here Are Possible Timelines

Lele Jima
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Shiba Inu Price Could Reach $0.000308 to $0.00409: Here Are Possible Timelines

Based on multiple predictions, Shiba Inu could soar tremendously to ambitious price targets of $0.000308 or $0.00409. 

Despite incurring slight declines over the past few days, Shiba Inu is still trading above the $0.000015 price mark. 

Shiba Inu Dips to 19th Position in Global Crypto Ranking 

The canine-themed token has dropped to the 19th position in the global crypto ranking. Shiba Inu briefly became the 18th largest cryptocurrency following the market relief rally during “Crypto Week,” July 14 – 18. 

Just a few days after achieving the feat, Litecoin surged past it and subsequently pushed SHIB down to the 19th place. 

Thanks to a daily surge of 16.05%, Litecoin’s market cap skyrocketed to $9.03 billion, making it the 18th-biggest cryptocurrency globally. On the other hand, Shiba Inu’s price has dropped 0.73% in the past day, with its market cap standing at $8.94 billion. 

Litecoin overtakes Shiba Inu in crypto ranking
Litecoin overtakes Shiba Inu in crypto ranking

SHIB to $0.000308 or $0.00409 Predictions 

Despite its fall in the rankings, investors’ optimism remains undiminished. Interestingly, some are even envisioning a major rally that could remove two leading zeros off SHIB’s price. 

Given this, we explored Shiba Inu’s potential rise to $0.000308 or $0.00409, detailing the timeline by which SHIB might clinch these milestones. 

Hitting the $0.000308 or $0.00409 would require Shiba Inu to shave off one or two leading zeros from its current price. From the current price of $0.00001517, Shiba Inu must rise 1,930% to hit the $0.000308 target and 26,861% to attain $0.00409. 

If Shiba Inu clinches $0.000308, its market cap would soar to $181.41 billion, assuming SHIB’s supply remains stable at 589 trillion tokens. In the same vein, the estimated price of $0.00409 translates to a valuation of $2.4 trillion. 

Potential Timeline: SHIB Could Range $0.000308 to $0.00409 

Despite the massive gains Shiba Inu would require to reach $0.000308 or $0.00409, some experts still believe the price targets are attainable. 

Changelly

In particular, market analysts affiliated with Changelly predicted that Shiba Inu would clinch the $0.000308 target by January 2033, eight years from now. In that month, Changelly analysts expect Shiba Inu to surpass $0.000308 and trade at $0.000317 under a bullish scenario. 

Additionally, the leading crypto exchange projected that the $0.00409 forecast will materialize by April 2040, approximately 15 years from today. According to Changelly, the price of Shiba Inu is expected to range between $0.00362 and $0.00442 by April 2040. 

Telegaon 

Famous prediction platform Telegaon also provided insights into when Shiba Inu could soar to $0.000308 or $0.0040 price targets. 

According to Telegaon, the $0.000308 price forecast is expected to materialize for Shiba Inu by 2028, with SHIB anticipated to reach a maximum target of $0.000312 in that year. However, Telegaon suggested that Shiba Inu will not hit the $0.00409 price milestone until 2036, exactly 11 years from today. 

Other Forecasts 

In addition to Telegaon and Changelly, other experts and entities have also projected the timeline for SHIB’s surge to the $0.0003 or $0.004 price mark. 

According to a Forbes report, Himanshu Maradiya, founder of the CIFDAQ Blockchain Ecosystem, predicted that Shiba Inu could reach an all-time high of $0.0003 this year. The expert suggested that factors such as favorable market conditions and an evolving Shiba Inu ecosystem will propel SHIB’s price to the $0.0003 mark this year. 

In a separate report, AI chatbot ChatGPT speculated that SHIB will attain the $0.004 goal within the 2030 – 2032 timeline. For this prediction to materialize, ChatGPT emphasized that Shiba Inu’s supply would need to shrink to 300 billion tokens, which is highly unlikely in the next few years. 

XRP Not Considering Measured Move as Price Can Hit $20 on Average This Season: Analyst

Abdulkarim Abdulwahab
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XRP Not Considering Measured Move as Price Can Hit $20 on Average This Season: Analyst

XRP continues to attract bullish sentiment as seasoned analyst EGRAG argues for an average price target of $20 this cycle.

Drawing on data from previous market moves and symmetrical triangle analysis, EGRAG believes XRP’s explosive upside may just be beginning.

For context, XRP is up over 70% in the past four weeks and is currently trading around $3.45. Amid this encouraging price action, discussions about XRP’s potential peak this season have dominated the community.

Peak XRP Price Range Based on Historical Cycles

According to EGRAG’s analysis, XRP’s performance in previous bull runs presents clues about what might be possible this time around.

For one, in the 2017 bull cycle, XRP skyrocketed by over 2,600% during the final phase of the bull run. This would equate to a price target of approximately $33 in a similar breakout this season.

However, in the 2021 cycle, the coin saw a more conservative 500% run during the second leg of the rally. This historical context supports a more modest peak of $7.70 based on structural price behavior.

Averaging the Moves Yields a $20 Projection

Rather than focusing on just one scenario, EGRAG suggests averaging the two historical targets. According to his analysis, the midpoint between $33 and $7.70 supports a projected average price of $20 for XRP.

The analyst emphasized that this target is not exaggerated, but falls well within the logical bounds of past market behavior, especially in light of the symmetrical triangle breakout.

The breakout is already taking shape, with XRP currently trading above $3.40 following a sharp upward move. As the pattern unfolds, momentum could push the asset toward the projected range.

XRP monthly chart by EGRAG
XRP monthly chart by EGRAG

EGRAG also noted that these targets don’t yet include the full “measured move,” which could result in even higher valuations for XRP over time.

What Other Analysts Think About XRP’s Peak

While EGRAG bases his XRP price projections on technical patterns and historical cycles, other analysts consider different factors.

For instance, Bitcoin analyst Dennis Liu bases his projections on fundamental drivers such as regulatory clarity, institutional interest, and the potential approval of a spot ETF. He suggests XRP could realistically reach $10 in the current market cycle.

Other market commentators, such as ‘Ripple Van Winkle’ and trader ProfitMana, base their peak price targets on capital rotation dynamics and broader macro market shifts. Specifically, they forecast XRP could reach between $14 and $21, especially if Bitcoin hits or exceeds $140,000.

Here Are Top 20 Public Companies By Bitcoin Holdings

Lele Jima
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Here Are Top 20 Public Companies By Bitcoin Holdings

Amid the surging interest in Bitcoin among institutional players, this article highlights the top 20 largest BTC holders. 

Institutional interest in Bitcoin has continued to skyrocket over the years. Major corporate entities, including publicly traded firms like MicroStrategy, currently hold substantial amounts of BTC in their reserves. These companies are spread across various industries globally, with U.S. firms dominating the list. 

MicroStrategy Leads Mara, Riot, and Trump Media Company 

Notably, MicroStrategy, which has been renamed to Strategy, holds the first position with 607,770 Bitcoin. The company began buying Bitcoin on August 11, 2020. Notably, Strategy acquired the BTC at an average cost of $71,777, bringing the total to $43.62 billion. 

Meanwhile, the company’s Bitcoin stash is currently worth $71.76 billion, representing an ROI of 65%. 

Mara Holdings, Inc., XXI, and Riot Platforms rank as the second, third, and fourth largest public holders of Bitcoin. While Mara currently holds 50,000 BTC ($5.87 billion), XXI and Riot Platforms hold stashes of 37,230 BTC ($4.37 billion) and 19,225 BTC ($2.26 billion), respectively. 

Notably, Donald Trump Media & Technology Group’s (TMTG) holding of 18,430 BTC makes it the fifth-largest public holder of Bitcoin. Following the surge in Bitcoin’s price, TMTG’s Bitcoin holding is currently valued at $2.16 billion. 

Middle Place 

Meanwhile, Japan-based Metaplanet and U.S.-headquartered Galaxy Digital Holdings rank as the sixth and seventh-largest public holders of Bitcoin. They hold 16,352 BTC and 12,830 Bitcoins, valued at $1.92 billion and $1.5 billion, respectively. 

CleanSpark, Tesla, and Hut 8 Mining are ranked in eighth, ninth, and tenth place in the publicly traded Bitcoin treasury companies leaderboard. According to the data, while CleanSpark owns 12,608 BTC ($1.48 billion), Tesla and Hut 8 hold around 11,509 BTC ($1.35 billion) and 10,273 BTC ($1.2 billion), respectively. 

In the 11th and 12th places are Coinbase and Block Inc., which hold 9,267 BTC ($1.08 billion) and 8,584 BTC ($1 billion) in their treasuries, respectively. 

The 13th, 14th, and 15th largest Bitcoin holders are Next Technology Holding, ProCap BTC, and Semler Scientific. Notably, these public entities have roughly 5,833 BTC, 4,932 BTC, and $4,846 BTC, valued at around $686 million, $580 million, and $570 million, respectively. 

Rounding Out The Top 20 

Furthermore, GameStop, which recently announced its venture into the Bitcoin market, ranks as the 16th-largest public holder of Bitcoin, with a holding of 4,710 BTC worth $554 million. 

Cango Inc., Bitcoin Group, Boya Interactive International, and Microcloud Hologram dominate the bottom of the top 20 list. The data shows that they currently hold around 4,240 BTC, 3,605 BTC, 3,350 BTC, and 2,353 BTC, valued at $498 million, $424 million, $394 million, and $277 million, respectively. 

Top 20 largest public holders of Bitcoin
The top 20 largest public holders of Bitcoin

It is worth noting that the list only captures the top 20 publicly traded companies holding Bitcoin. According to BitcoinTreasuries, there are over 140 public holders of Bitcoin, with combined holdings of 887,301 BTC worth roughly $104.31 billion. 

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