Home Blog Page 806

Here’s XRP Price Prediction if XRPL Handles All $3T Annual Volume by Hidden Road

0

Grok, the AI chatbot by Elon Musk’s xAI, has presented a bullish XRP price prediction if the XRPL handles Hidden Road’s entire annual volume.

Ripple’s recent $1.5 billion acquisition of prime brokerage firm Hidden Road has stirred bullish sentiments across the XRP community, but the enthusiasm is not unfounded. Notably, Hidden Road is a major institution within the financial scene, managing an annual transaction volume of $3 trillion. 

XRPL Could Handle a Portion of Hidden Road’s Volume 

Interestingly, experts have perceived this purchase as one of Ripple’s moves toward expanding its footprint in the institutional finance sector, particularly by utilizing the capabilities of the XRP Ledger (XRPL).

Meanwhile, speaking on the development, Ripple CTO David Schwartz confirmed that a portion of Hidden Road’s transaction volume might be processed through XRPL. This development naturally raises expectations about XRP’s potential utility and, by extension, its market value. 

However, despite the bullish outlook, the actual impact of this integration on XRP’s price remains speculative. The community has continued to discuss the scale of adoption and whether the transactional throughput would truly reflect in XRP’s price.

To gain a clearer perspective on this scenario, we tasked xAI’s chatbot, Grok, with presenting an XRP price prediction if XRPL processes the entire $3 trillion volume from Hidden Road. In response, Grok approached the analysis through a set of assumptions, applying the quantity theory of money.

A Set of Bullish Assumptions

Particularly, the foundational assumption in Grok’s model is that XRPL processes the full $3 trillion annually, with XRP functioning as the bridge asset for every transaction. The model assumes a circulating supply of 58.33 billion XRP and a current price of $2.03 per token. 

Grok also proposes that institutions or liquidity providers might lock up 10% of the total supply. This will reduce the effective circulating amount to 52.497 billion XRP.

Assumptions Grok
Set of Assumptions | Grok

The chatbot also considered velocity. Grok assumes each XRP is used ten times yearly to facilitate transactions, which is a plausible figure for a high-efficiency settlement network like the XRP Ledger. 

Based on these parameters, Grok calculates the market capitalization necessary to support this volume. Dividing the $3 trillion transaction volume by the velocity of 10 results in a market cap of $300 billion.

XRP Price Prediction if XRPL Handles $3T Annual Volume 

To determine the hypothetical price per XRP, Grok divides the estimated market cap by the effective circulating supply. The result is an approximate price of $5.71 per XRP. However, Grok includes market psychology and speculation by adding a sentiment-driven multiplier. 

XRP Price Prediction Grok
XRP Price Prediction | Grok

Now, the chatbot then assumes a bullish environment with strong institutional demand, regulatory clarity, and community enthusiasm. In this context, the model applies a 5x multiplier, pushing the hypothetical price to $28.55. This price represents a 1,299% increase from current levels.

However, despite its bullish nature, Grok’s analysis comes with caveats. The model’s optimistic assumption that XRP will handle 100% of Hidden Road’s settlements may not align with real-world execution. Even partial adoption could massively reduce transactional demand. 

Caveats Grok
Important Caveats | Grok

Moreover, the velocity of XRP usage directly influences its price: a higher velocity, such as 20, would cut the speculative price in half, while a lower velocity of 5 could double it. Additionally, Grok noted that broader market trends, competition, and potential integration challenges could influence the outcome.

Here is When $5K or $10K Invested in Shiba Inu in 2025 May Become $1M

0

Investors seeking to make $1 million through investments in Shiba Inu would have to wait for SHIB to register astronomical gains. 

Many people have flocked to the world of crypto with the aim of becoming millionaires in U.S. dollars. These individuals are mostly inspired by tales of how Shiba Inu (SHIB) turned many average-income earners into overnight millionaires in the 2020/2021 market cycle. 

During that period, SHIB’s price surged tremendously, making many millionaires. Although Shiba Inu has not experienced a similar surge since then, most investors are confident that meager investments of $5,000 or $10,000 in SHIB might balloon into $1 million someday. 

Consequently, we estimated that investments of $5,000 or $10,000 in Shiba Inu today could skyrocket to $1 million, according to predictions from renowned crypto experts. Reaching these goals would require increases of 9,900% and 19,900%, respectively. 

Price Shiba Inu Must Reach to Transform $5K or $10K Investments to $1M 

As of 08:05 (UTC) on April 12, SHIB was trading at $0.00001232 per token. The token has a market cap of $7.26 billion and a daily volume of $158.39 million. 

At the current price, an investment of $5,000 in Shiba Inu would procure 405,844,155 (405.84 million) SHIB tokens. Similarly, a $10,000 investment would fetch 811,688,311 (811.68 million) SHIB at the current price. 

Investors who commit $5,000 to SHIB today could make a fortune of $1 million if Shiba Inu’s price rallies to $0.002465. However, those with investments of $10,000 in SHIB would hit the $1 million target earlier if SHIB rose to $0.0012325. 

Timeline for Shiba Inu’s Surge to $0.0012325 or $0.002465

We consulted multiple entities to ascertain when SHIB might clinch the audacious targets of $0.0012325 or $0.002465. 

Earlier this month, we projected that SHIB could rise to the $0.0012 price mark if it rises 10,000% from where it traded on April 6. Popular AI chatbot ChatGPT also predicted that Shiba Inu would soar to the $0.002 territory between 2032 and 2034, approximately seven and nine years from now. 

Meanwhile, experts at Changelly projected that Shiba Inu would skyrocket to $0.0012325 between 2035 and 2039. They predict that the $0.002465 target will materialize by February 2040. Notably, SHIB is expected to reach a maximum price target of $0.00269 by then. 

Can Shiba Inu Clinch $0.0012325 or $0.002465? 

At $0.0012325, Shiba Inu would have a valuation of $726.25 billion, assuming SHIB’s circulating supply remains stable at 589.25 trillion. However, the market cap will rise to $1.45 trillion if SHIB eventually hits the $0.002465 target. 

As stated earlier, hitting the $0.0012325 or $0.002465 targets requires surges of about 9,900% or 19,900% from the current price. Notably, Shiba Inu has experienced higher growth in the past, particularly in the 2020/2021 market cycle, when its price rose by over 150 million percent. 

It is improbable that SHIB would replicate its 2020/2021 success or even reach the projected targets of $0.0012325 or $0.002465 within the estimated timelines. Nonetheless, boosting Shiba Inu’s adoption through real-world utilities could take SHIB to these loftier targets. Also, burning a huge chunk of SHIB’s supply could help Shiba Inu reach the targets sooner. 

Expert Shares Two Simple Strategies to Become an XRP Millionaire

Austin Hilton, a crypto YouTuber and investor, recently shared insights on becoming an XRP millionaire with his audience.

Hilton outlined two straightforward yet powerful strategies for building wealth with XRP. According to Hilton, understanding your investment cost basis is the first step toward becoming an XRP millionaire.

Focus on Investment Cost Basis and Buy More XRP Over Time

“How much XRP do you own? What did you pay for it?” Hilton advises his viewers to know these numbers inside and out.

Knowing how much you’ve invested and at what price is crucial when determining how much potential profit you could make once the price of XRP rises significantly. He emphasized that the key to success lies in consistency.

“I’ve bought my core position in XRP, but I continue to buy more,” Hilton shared.

By adding to your position over time, you can take advantage of dollar-cost averaging (DCA). This strategy allows you to invest in XRP at different price points, mitigating the risk of market volatility. It lowers your overall cost per token and positions you to benefit from long-term price appreciation.

The Power of Time

While investing is vital, Hilton stresses that patience is just as important. “There is no secret sauce to getting rich with crypto,” he said. He emphasized that the real trick to becoming an XRP millionaire is time.

Whether the price of XRP goes up 50x or 100x in the next few years, Hilton believes that the power of compounding growth and long-term holding cannot be overlooked.

He pointed to previous instances of massive growth in XRP. For instance, in the last quarter of 2024, XRP experienced an over 500% increase, and Hilton suggested that similar gains could occur again.

Meanwhile, he noted that for those in it for the long haul, waiting for XRP to reach higher price levels, such as $100 or $200, could ultimately make them a millionaire. However, this relies heavily on investors holding enough tokens in their portfolios.

For context, if XRP reaches $100, those holding 10,000 XRP tokens would see their portfolio rise to $1 million. As of today, this portfolio costs $20,500. Meanwhile, to realize $1 million from XRP at $200, one must hold 5,000 tokens, which costs $10,250 today.

Bonus Tip: Swing Trading for Extra Profits

Hilton also highlighted swing trading as another strategy for boosting XRP profits in the short term. He noted that swing trading is an effective way to profit from market fluctuations. 

Using appropriate software, investors can receive alerts on when to buy and sell XRP. This includes software that allows users to capitalize on shorter-term price movements by purchasing XRP when prices are low and selling when they rise.

Ultimately, Austin Hilton’s message is that to become an XRP millionaire, one must focus on building a solid investment and be patient. There’s no secret formula in crypto. Success comes from having a strategy, staying consistent, and trusting the process. He concludes by saying:

“How much do you own, and how long do you hold it for? That’s what determines if you can become a crypto millionaire.”

Here’s What Will 1 Dogecoin Be Worth If It’s Used by 100 Million People Daily

Amid ongoing discussions about Dogecoin’s potential, a key point is emerging regarding its possible value in a hypothetical scenario where 100 million people use it daily.

This scenario suggests massive adoption and demand. While accurately predicting DOGE’s market value in such a situation is challenging, this analysis relies on suggestions from OpenAI’s ChatGPT.

How Many People Use Dogecoin Daily Today?

Currently, Dogecoin is trading at $0.1620, up 2% in the last 24 hours. This price reflects a massive 49% slump since the start of 2025. Interestingly, this dramatic bearish turnaround in Dogecoin’s price this year aligns with a significant dip in the number of its daily active users.

According to data from the intelligence platform Santiment, Dogecoin currently sees 39,507 daily active addresses. Exactly a month ago, this number was about ten times higher. Dogecoin recorded 391,450 daily active wallets as it traded at $0.1723.

Meanwhile, as of November 22, 2024, Dogecoin reached an all-time high in daily active users, with 1.64 million active daily wallets. This peak in user activity coincided with the coin’s price trading at a three-year high.

At that time, Dogecoin’s price was above $0.412. Just a week later, Dogecoin’s price rose further to $0.4700. However, since then, it has seen a steep decline of over 66%. In parallel, daily active users have dropped by 98%, from 1.64 million to just 39,507 today.

Dogecoin active address metric and price perfomance Santiment
Dogecoin active address metric and price performance | Santiment

This metric points to a correlation between high user activity and explosive price performance. Essentially, Dogecoin could see significant price action in a hypothetical scenario where it reaches 100 million daily users.

The Price of Dogecoin with 100 Million Daily Users

When asked, ChatGPT projected that such a scenario could result in a $750 billion market cap for Dogecoin. With a supply of 148.81 billion coins, if Dogecoin reached a market cap of $750 billion, the price per DOGE would be around $5.04.

With Dogecoin trading at $0.16, reaching $5 would represent a 30X gain or a surge of 3,025% from its current level.

ChatGPT emphasized that while this might seem ambitious, it illustrates how demand can drive value. It believes that millions of people using it daily could lead to significant price increases due to heightened utility and market activity.

Timeline for DOGE to Reach $5

According to popular prediction platforms like Telegaon, Dogecoin could reach a price of $5 within three years. However, Changelly argues that it could take until 2034, or ten years, to reach this price level.

10,000 in XRP or ONDO, Here’s What ChatGPT and Grok Say

0

Leading mainstream AI chatbots ChatGPT and Grok AI choose where to invest $10,000 between XRP and ONDO. 

While XRP and Ondo (ONDO) are two of the most widely-recognized crypto assets, XRP boasts greater prominence, being the fourth-largest asset, with a market cap of $105 billion. Meanwhile, ONDO, which has a valuation of $2.25 billion, is 34th on the list.

This indicates that XRP’s valuation is over 45x Ondo’s market cap, placing XRP as the more established asset. However, this dominance does not necessarily make XRP the superior investment. To ascertain this, we asked ChatGPT and Grok where they would invest $10,000: XRP or ONDO.

Grok AI Picks XRP

Grok picked XRP, citing its role in the payment scene as the deciding factor. According to Grok, XRP’s primary strength is in its utility for fast, low-cost cross-border transactions, which makes it a reliable choice for financial institutions. 

Its association with Ripple, particularly the company’s push to tokenize real-world assets, is bullish. Grok pointed to Ripple’s recent collaboration with Ondo Finance as a sign that XRP is instrumental in bridging traditional finance with blockchain, especially through tokenized U.S. Treasuries.

The chatbot emphasized XRP’s maturity in the market. It suggested that XRP had a market cap of roughly $130 billion, outpacing ONDO’s $2.59 billion. Despite XRP’s market cap dropping by nearly $30 billion, it is still miles above ONDO.

Grok Picks XRP Over ONDO
Grok Picks XRP Over ONDO

Grok admitted that larger market caps often limit explosive short-term gains but highlighted XRP’s liquidity, ecosystem stability, and credibility among institutions. The chatbot noted XRP’s November 2024 price rally, which pushed the token to a seven-year high, as an indicator of renewed investor confidence and market momentum. 

The AI also stressed Ripple CEO Brad Garlinghouse’s push for XRP to be part of a diversified U.S. digital asset reserve, suggesting there could be long-term positioning for broader adoption.

However, Grok called attention to ONDO’s advantage, especially in the real-world asset (RWA) tokenization sector. The AI stressed that ONDO’s role in bringing tokenized financial products like U.S. Treasury onto blockchains is forward-looking. 

It noted that the RWA market had expanded into a $3.5 billion asset class, and ONDO could ride on the growing market. However, Grok viewed ONDO as the riskier pick due to its limited history, price volatility, and dependence on the adoption of a nascent market. 

Ultimately, Grok concluded that while ONDO presents potential for high upside, XRP provides a more secure option by balancing stability and growth.

ChatGPT Chooses ONDO

Meanwhile, ChatGPT chose ONDO as the preferred investment. Its rationale centered on ONDO’s position at the heart of a powerful and rapidly emerging trend—tokenized real-world assets. 

ChatGPT noted that ONDO’s involvement in bringing institutional-grade products like tokenized Treasuries to the blockchain had attracted attention from major institutions, notably BlackRock. This level of institutional backing gave ONDO a strong credibility boost and potential for massive growth in the near future.

The AI assessed XRP as a more mature and safer investment but highlighted that its growth trajectory might be limited due to its already high valuation. XRP’s strengths, in ChatGPT’s view, include longstanding infrastructure, high liquidity, regulatory progress following partial clarity from the SEC, and widespread exchange listings.

However, it flagged XRP’s struggle to achieve the level of real-world adoption seen with cryptocurrencies like Bitcoin or Ethereum and pointed out the lingering regulatory uncertainties that still cast a shadow.

ChatGPT Picks ONDO Over XRP 2
ChatGPT Picks ONDO Over XRP

According to ChatGPT, ONDO’s pros come from its lower market cap and alignment with regulatory frameworks that favor RWA platforms. It presented a higher risk and the chance for 5x to 10x returns, in contrast to XRP’s more conservative 2x to 3x potential. 

ChatGPT did warn about tokenomics and execution risks, acknowledging that ONDO is a young project still vulnerable to sell pressure from early investors and challenges in scaling the RWA model.

Bitcoin Enters the UK Educational System with Lomond School Set to Accept Payments and Teach About BTC

0

Lomond School becomes the first in the United Kingdom to accept Bitcoin as a payment option, expanding the asset’s footprint in the educational system.

The Scotland-based educational institution has announced its plans to hack the financial trends by embracing Bitcoin, the largest cryptocurrency by market cap. In a recent update, the school disclosed it would accept tuition fee payments in Bitcoin from the autumn term of 2025.

Notably, the announcement makes Lomond the first educational institution to embrace Bitcoin in the United Kingdom. Notably, its adoption goes beyond just remittance; it plans to also teach its students about the digital asset and its admirable, hard, and decentralized nature.

Bitcoin Meets the UK Educational System

While schools globally are slowly embracing digital assets and incorporating them into educational activities, the Scotland-based school has taken the lead in the United Kingdom. Lomond noted that adopting the asset aligns with its independent thinking and innovation ethos.

Starting from the autumn session this year, Lomond will allow parents to pay tuition fees in Bitcoin. Interestingly, the school revealed that adopting the payment option comes amid growing demand to integrate a modern and borderless means of remittance.

Meanwhile, Lomond will immediately convert the Bitcoin received as tuition fees to the Great Britain Pound (GBP) through collaboration with crypto platforms Musket and CoinCorner. However, the school plans to create a strategic Bitcoin reserve in the future, pending support from the local community.

While Bitcoin is just one of the many cryptocurrencies, Lomond highlighted that its uniqueness sets it apart. As a result, it plans to accept digital asset payments only in the pioneering cryptocurrency. The educational institution also intends to pay voluntary workers in BTC in the future.

Lomond to Teach Students About Bitcoin

Meanwhile, Lomond will add the Austrian economy and decentralized technology to its curriculum. Starting in August, it will educate students about blockchain technology and Bitcoin’s role in the future of money. 

Remarkably, other schools globally have also adopted Bitcoin education as the technology slowly makes its way into school curriculums. For context, the University of Cincinnati started teaching about Bitcoin and web3 technology in classrooms in 2022.

Furthermore, El Salvadorian-based Mi Primer Bitcoin partnered with the nation’s Ministry of Education in 2023 to integrate Bitcoin education into the academic system. 

Lomond’s adoption of Bitcoin marks a giant leap in the asset’s adoption in the UK, as it is the first to do so. The school views the leading cryptocurrency as a perfect real-world economics, computing, and innovation case study.

Team of 26 Industry Experts Predict Shiba Inu Price for 2025, 2030, 2035

A panel of 26 crypto experts predicts a bullish long-term outlook for Shiba Inu, forecasting significant gains by 2025, 2030, and 2035 despite recent price declines.

Shiba Inu’s price performance has been discouraging since the start of 2025, with the coin dipping over 42% year to date. However, a recent Finder report featuring predictions from 26 leading industry experts paints a more promising outlook for Shiba Inu in 2025 and beyond.

Shiba Inu Price by End of 2025, According to Industry Experts

According to the panel, Shiba Inu could make a notable recovery before the year ends. The average prediction is that SHIB will close in 2025 at $0.0000399. This would represent an 84.3% increase from its early 2025 price of $0.00002165. Meanwhile, it would amount to a more substantial 231% upside from today’s price of $0.00001220.

Individually, these experts offer various bold outlooks for Shiba Inu’s near-term prospects. For instance, Gracy Chen, CEO of Bitget, sees SHIB reaching $0.0000600 by the end of 2025.

Ruadhan O, founder of Seasonal Tokens, predicts $0.0000500, though he warns that Dogecoin may steal the spotlight. Meanwhile, Ronen Cojocaru (CEO, 8081 Inc) is among the most bullish, forecasting $0.0000743. This would represent a 510% increase from today’s price levels.

On the bearish side, John Hawkins (University of Canberra) predicts SHIB will drop to $0.00001. He cited the fading memecoin trend and drew parallels with the decline in NFTs.

Currently, Shiba Inu is trading around this level and has even dipped below it. Nonetheless, the coin appears to be gradually recovering.

SHIB Outlook for 2030 and 2035

Looking further ahead, these experts project that by 2030, Shiba Inu could cancel another zero and reach $0.0001971. They anticipate continued growth into 2035, with a more ambitious target of $0.0008543.

These long-term projections far exceed SHIB’s all-time high of $0.00008845, signaling a highly optimistic stance from many panelists. For context, this ten-year outlook would imply a 6,902% gain from today’s price.

Shiba Inu predction by experts
Shiba Inu predction by experts

Factors Influencing SHIB’s Trajectory

Several themes emerged from the expert commentary. They cite strong community backing and ongoing development as key strengths for SHIB. Furthermore, they note that the launch of the TREAT token may help address concerns about centralization.

The broader 2025 bull market is also expected to boost SHIB, although competition from DOGE may limit its upside potential.

Meanwhile, some experts caution that SHIB’s massive circulating supply—currently over 589 trillion tokens—could suppress its price growth.

Should You Buy, Hold, or Sell Shiba Inu?

Expert sentiment was divided when asked whether now is the time to buy, hold, or sell SHIB. About 57% recommend holding, 13% suggest buying, and 30% recommend selling.

Those in the “buy” camp, such as Josh Fraser (Co-founder, Origin Protocol), cite a bullish outlook on the meme coin market.

Others, like Jeremy Britton (CFO, BostonTrading.co), argue that SHIB’s tokenomics make a sustained price increase unlikely.

Desmond Marshall (Rouge International) bluntly described SHIB as “played out,” adding, “A cat may have better traction.”

Is SHIB Overpriced or Underpriced? No Consensus

Expert opinion is also divided on Shiba Inu’s current valuation. Around 48% believe it’s overpriced, while 44% say it’s priced fairly. The remaining panelists were either undecided or provided more nuanced perspectives.

US SEC Releases Report on Bill Hinman’s Investigation Over Selective Enforcement Involving Ethereum and XRP

0

The US SEC’s Office of Inspector General (IOG) has released an investigation report over allegations against former high-ranking employee Bill Hinman.

Whistle-blowing firm Empower Oversight (EMPOWER) confirmed the receipt of the ten-page document after years of asking. The report highlighted the findings on the watchdog group’s accusations against Bill Hinman, the former US SEC’s Corporation Finance Director.

For context, EMPOWER accused Hinman of using his position to promote his personal interest and that of his former employer, a breach of the US SEC’s ethics and conduct. However, the IOG’s report noted that the allegations did not hold water.

Case Etymology

Hinman joined the US SEC in May 2017 after a 16-year stint at the prominent US white-shoe law firm Simpson Thacher & Bartlett (STB). Notably, STB was part of the Enterprise Ethereum Alliance, a coalition of firms focused on promoting the smart contract network.

Controversy erupted after Hinman’s famous 2018 speech in an interview with Yahoo Mail, in which he stated that Ethereum is not a security.

EMPOWER found the statements contradicted the US Securities and Exchange Commission’s (SEC) stance in subsequent enforcements against firms like Ripple in an August 2021 Freedom of Information Act (FOIA) request.

The whistleblowers highlighted a possible conflict of interest in the speech, accusing Hinman of conniving with his former employees to promote the Ethereum network. Furthermore, it alleged that the statement yielded personal gains for the SEC director and sought access to communication records between Hinman and the STB.

EMPOWER Reacts as US SEC Acquits Hinman

Years after the legal process commenced, the SEC finally released details of its investigation on April 10. The report, dated December 9, 2024, found EMPOWER’s allegations untrue. For context, the report noted that Hinman did not violate any criminal conflict of interest law.

Excerpt from 10-page IOG Report

Furthermore, it stressed that the director’s Ethereum speech did not directly impact his financial status in any way, as he had no cryptocurrency per his 2021 asset attestation. Moreover, he adjusted his retirement annuity with STB to a fixed rate during his onboarding with the SEC, complying with ethics rules.

Additionally, SEC stated that he prepared for this speech at Yahoo Mail in compliance with the SEC ethics rules. This meant he did not draft the speech alone but with a team of officers; hence, they were not his personal thoughts.

However, EMPOWER has criticized the report, alleging it had a limited scope. The whistleblower’s founder, Jason Foster, insisted that the IOG failed to clarify if Hinman had committed a crime with his contact with his former firm despite assuming a sensitive role in the US SEC.

Interestingly, Foster noted that the commission also failed to address the issue of selective enforcement, a decadence several industry proponents have accused the SEC officials of involvement in. Particularly, he mentioned Ethereum’s classification as a non-security and XRP’s converse disposition.

Notably, XRP enthusiasts stressed this point in a heated argument with Cardano founder Charles Hoskinson. They emphasized selective litigation, accusing the former Ethereum co-founder and his team of playing a role in the SEC’s lawsuit against Ripple in 2020.

Shiba Inu Team Posts SHIB to $1 Not Impossible But $0.01 More Likely

0

Despite the massive roadblock on the Shiba Inu to $1 path, ChatGPT believes the lofty price mark is not impossible for the meme coin, according to a disclosure from the Shiba Inu team.

Shiba Inu (SHIB), despite grappling with the recent market downturn, continues to draw optimistic projections from its community and industry observers. The meme coin currently trades at $0.00001213, placing it 15th among the largest crypto assets by market capitalization. 

Yet, even as prices fall, enthusiasm among SHIB investors remains strong. This is largely due to the broader belief that a market-wide recovery could breathe new life into the asset.

This continued optimism has kept discussions of ambitious price targets alive, most notably the possibility of SHIB one day reaching $0.01. For one, Lucie, who leads marketing efforts for the Shiba Inu ecosystem, has long supported this goal. However, she insists it would not materialize anytime soon.

Lucie has consistently acknowledged that, while achieving $0.01 is possible, the price target will require patience. In one of her latest comments, she stressed that progress takes time and market participants should not expect it overnight.

Shiba Inu to $1 Not Impossible?

However, while Lucie has been an advocate of the Shiba Inu to $0.01 target, she casually played along with a much higher valuation by posing a question to ChatGPT about Shiba Inu’s potential of reaching $1.

Notably, she herself had never considered such a level realistic, but AI’s response challenged that notion. Interestingly, ChatGPT did not dismiss the $1 target as fantasy. Instead, it argued that although highly ambitious, reaching this milestone is not entirely beyond the realm of possibility.

Specifically, ChatGPT pointed out that Shiba Inu had already demonstrated its potential during the 2021 bull run, delivering a staggering 40x gain fueled by community strength, market narrative, and momentum. Recall that most attributed this run to massive demand.

ChatGPT on Shiba Inu to $1
ChatGPT on Shiba Inu to $1

According to ChatGPT, if the global crypto market experiences a tenfold growth in the coming years – a scenario that many consider within reason – then SHIB’s chances of achieving previously unimaginable price levels could improve. 

Under such conditions, if Shiba Inu maintains its position among the top-tier crypto assets, the expansion in the global crypto market capitalization could allow it to aim for these lofty targets.

ChatGPT Shares Factors That Could Push Shiba Inu to $1

ChatGPT then pointed to several factors that could contribute to moving SHIB closer to the $1 mark. One of the primary factors is the adoption and scaling of Shibarium, the project’s layer-2 blockchain solution. A surge in transactions on Shibarium would naturally drive up token burns, helping reduce SHIB’s vast circulating supply. 

Also, the chatbot highlighted the growing utility of SHIB across everyday use cases, such as payment systems, gaming applications, and digital identity platforms. Additionally, the emergence and adoption of ecosystem tokens like TREAT and BONE could add massive value to the Shiba Inu ecosystem.

ChatGPT emphasized that while Shiba Inu to $1 is not a promise, it no longer qualifies as a joke, either. It now stands as a challenge and one that SHIB could overcome through widespread adoption, consistent burns, and genuine use case development. 

Despite this hopeful outlook, the numbers highlight the immense scale of the task. With a circulating supply of roughly 589 trillion tokens, a $1 price would push Shiba Inu’s market capitalization to $589 trillion. 

This figure would far exceed the global broad money supply, which was estimated at $129.3 trillion in Q2 2024, and dwarfs the $21.86 trillion market cap of gold, the world’s most valuable asset.

Global Broad Money Supply
Global Broad Money Supply

Analysts such as Bitcoin advocate Davinci Jeremie have cited this staggering market cap requirement as a reason why SHIB may never reach $1 without a dramatic reduction in supply. As a result, for this price to materialize, Shiba Inu might require a large-scale burn event.

US Government About to Receive $50M in XRP, Will it be Added to Digital Asset Stockpile

0

With Ripple expected to pay the SEC a fine of $50 million for violating federal securities laws, the company’s CEO, Brad Garlinghouse, suggests that the payment could be in XRP. 

Garlinghouse made this suggestion during a recent interview on FOX Business’ Claman Countdown, where he provided insights into Ripple’s settlement with the SEC. 

Ripple Could Pay SEC Fine in XRP 

During the interview, he revealed how Ripple could pay the agreed $50 million fine to the SEC. Recall that in August 2024, Judge Analisa Torres ordered Ripple to pay $125 million as fine for offering XRP to institutional clients without registering the sales with the U.S. SEC. 

Notably, Ripple complied with this order last year. However, it deposited the entire $125 million into an interest-bearing account, pending the resolution of the parties’ appeals. 

Following the SEC’s recent policy shift, which saw the regulator dismiss most of its crypto-related enforcement actions, the agency reached an agreement with Ripple to have the company drop its cross-appeal. 

According to Ripple, while the SEC will drop its appeal without any condition, it will dismiss its cross-appeal for a reduced fine of $50 million and a dismissal of the permanent injunction. 

Interestingly, Ripple disclosed that the parties even discussed paying the fine in XRP instead of USD, as many expect. However, he did not disclose whether the SEC consented to the proposal. 

At press time, the XRP equivalent of the $50 million fine is 24.63 million XRP based on the current value of $2.03 per coin. 

The settlement terms, including the potential payment of the $50 million fine in XRP, still need the commission’s approval. SEC commissioners are expected to vote on the decision during an internal closed-door meeting. 

Will Ripple’s $50M Fine Be Added to Digital Asset Stockpile? 

In the meantime, the possibility of Ripple paying the SEC’s fine in XRP has raised several questions. Specifically, some investors quizzed whether the $50 million fine in XRP would be automatically added to the U.S. digital asset stockpile. 

Last month, President Trump ordered the creation of a Bitcoin-only reserve and a digital asset stockpile that will contain altcoins. Prior to this order, Trump mentioned XRP among the cryptos that could be included in the digital asset stockpile initiative. 

However, the executive order clarified that funds obtained through civil and criminal forfeitures will be used to finance the reserve. This is part of an effort to ensure that the reserve initiative does not cost taxpayers a dime. 

The U.S. government currently has over $16 billion worth of crypto in a blockchain wallet that holds forfeited assets. The portfolio includes top cryptos like BTC, ETH, USDT, and BNB. 

However, XRP is not among the cryptos the government holds. Based on Ripple’s discussions with the SEC about paying the $50 million fine in XRP, the U.S. government could finally have some XRP coins for its digital asset stockpile. 

It remains to be seen whether the SEC will accept the $50 million fine in XRP or whether the government will include the funds in its digital asset stockpile.