Ripple has once again made headlines, securing a prestigious award for cross-border payments. Meanwhile, Shiba Inu experiences significant volatility as Bitcoin starts the month with a dip.
What's New Around Ripple (XRP)?
Ripple recently won the Platinum award for the best cross-border payments platform in 2024, according to Juniper Research. This accolade adds to Ripple's achievements, including winning the PAY360 Awards in the UK. Meanwhile, the company advances with its new RLUSD stablecoin project, performing private beta testing and code changes for AMM integration. Despite these advancements, XRP faces a downturn, with a 9.5% drop in the last two weeks.
SHIB’s Ups and Downs
Shiba Inu showed top performance at one point yesterday, thanks to plunging exchange reserves and a sharp increase in the burn rate. However, the price fell again today. Analysts remain optimistic about SHIB's future, predicting a potential 130% price rally, while cautioning against overly optimistic predictions.
No 'Uptober' for BTC... Yet
Despite October's historical successes, Bitcoin began the month with a decline, falling to $60,000. However, some analysts see potential for BTC to recover and continue to monitor possible positive trends in the market.
The future for Ripple and Shiba Inu is promising, despite short-term volatility. Bitcoin also aims to deliver better results, according to some analysts.