Several notable events have occurred in the crypto market concerning popular tokens like XRP, Shiba Inu, and Ethereum. This article presents the latest forecasts and details.
XRP Predictions
XRP is ending the last week of June with significant losses. Unless there is a dramatic change, it might finish Q2 2025 with disappointing results. However, historically, July has been a month of recoveries for XRP. The average and median monthly returns during this period remain positive, suggesting the possibility of growth after a slow second quarter.
Shiba Inu Situation
On June 21, Shiba Inu holders locked 10.71 trillion tokens, equivalent to $129.51 million in open interest amidst market volatility. Despite this, the price of SHIB decreased by 3.32% to $0.00001138. The trading volume surged by 58.65% to $131.56 million, indicating that traders are actively transacting, possibly in a mass sell-off or accumulation at lower prices.
Large Ethereum Transfers
On June 20, a transfer of over 129,000 ETH worth $312,981,377 was recorded moving from an unknown wallet to Coinbase. This transfer occurred amid declining ETH prices, which typically signals plans to sell. However, the exact reasons and the identity of the sender remain unknown, and the market is closely monitoring the potential consequences of this operation.
Recent events in the crypto market highlight important trends and potential scenarios for investors. XRP, Shiba Inu, and Ethereum remain in the spotlight, and their movements could significantly impact overall market sentiment.
