- A Dubai-based investor announced her complete exit from XRP to Shiba Inu (SHIB) holdings on February 8.
- The investor’s move was predicated on a bold Shiba Inu Price Prediction of $1 by 2026, fueling the debate between utility tokens and meme coins.
- The Shibarium team urged holders for patience and emotional discipline in a February 10 update, as SHIB was trading over 90% below its all-time high.
- Market data from CryptoQuant suggested accumulation activity, with 52.41 billion SHIB tokens not leaving exchanges on February 7.
A Dubai-based cryptocurrency investor has sparked a fierce industry debate after announcing her full transition from XRP to Shiba Inu (SHIB) on February 8. Her decision, based on January forecasts predicting SHIB could reach $1 by 2026, reignited the classic tension between utility-focused tokens and speculative meme coins. She stated her move simply, posting on X: “Just sold all my XRP and got more SHIB.”
Consequently, the move drew immediate criticism from community members who favor XRP‘s established payment use cases over Shiba Inu‘s volatility. One critic responded directly, asserting: “Selling XRP was the wrong choice.” Meanwhile, XRP was trading around $1.45, while SHIB remained significantly depressed from its all-time high.
Only two days later, an update from Shibarium addressed the situation by urging long-term thinking and emotional stability. The post emphasized that “patience, discipline, and long term thinking are the real advantages” for investors. This guidance came as SHIB’s price struggled below $0.000006, a drop of over 19% from January’s start.
However, on-chain data suggested some underlying accumulation activity was occurring despite the price pressure. According to CryptoQuant reports, 52.41 billion SHIB tokens were not moved out of exchanges on February 7. The investor’s controversial pivot from XRP to Shiba Inu ultimately serves as a case study in contrasting crypto investment philosophies.
✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.
