Dubai investor sold all her XRP and bought more Shiba Inu on February 8, citing an earlier prediction that SHIB could hit $1 by 2026. She announced the move in a brief post: “Just sold all my XRP and got more SHIB.”
The trade shifts capital from a utility-focused token to a community-driven meme coin during market volatility. The investor’s $1 forecast drove the decision.
The move drew pushback from crypto users who stressed XRP’s payment use cases and current trading near $1.45. One community reply stated: “Selling XRP was the wrong choice.”
Shiba Inu remains over 90% below its all-time high, near $0.000088. The token fell to roughly $0.00000559 in mid-February, a 19.07% drop since January.
On February 10, Shibarium urged holders to stay patient and maintain long-term thinking, and a related tweet posted similar advice (Ed. note: the message focused on investor psychology and discipline). The update is also stated on the project’s account.
CryptoQuant data showed 52.41 billion SHIB remained on exchanges on February 7, which some interpret as accumulation. The episode highlights contrasting approaches between speculative bets and utility-based investing.
