Shiba

Shiba Inu

TL;DR
<ul>
 <li>SHIB saw a 5% daily rise, with speculation of a 10,000% rally, though it’s highly unlikely.</li>
 <li>XRP gained 1% in the past 24 hours, with predictions of a potential surge to $5 or even $27.</li>
 <li>BTC hit $62,000 after the Fed’s rate cut and some believe this could be the starting point of a new all-time high.</li>
</ul>
<h2 id="span-data-preserver-spaces-true-btc-s-resurgence-span">BTC’s Resurgence</h2>
Last but not least, we will touch upon the primary cryptocurrency, which has also been at the forefront of gains over the past 24 hours. BTC reclaimed $62,000 hours after the Fed lowered the benchmark, while bullish analysts expect a further jump in the following months. 
<figure id="attachment_361080" aria-describedby="caption-attachment-361080" style="width: 100%" class="wp-caption aligncenter"><a href="https://cryptopotato.com/wp-content/uploads/2024/09/BTC-Price-5.png" data-wpel-link="internal" rel="noopener noreferrer nofollow"><img class="wp-image-361080" src="https://cryptopotato.com/wp-content/uploads/2024/09/BTC-Price-5.png" alt="BTC Price" width="572" height="400" srcset="https://cryptopotato.com/wp-content/uploads/2024/09/BTC-Price-5.png 1047w, https://cryptopotato.com/wp-content/uploads/2024/09/BTC-Price-5-300x210.png 300w, https://cryptopotato.com/wp-content/uploads/2024/09/BTC-Price-5-1024x716.png 1024w, https://cryptopotato.com/wp-content/uploads/2024/09/BTC-Price-5-768x537.png 768w, https://cryptopotato.com/wp-content/uploads/2024/09/BTC-Price-5-50x35.png 50w" sizes="(max-width: 572px) 100vw, 572px"></a>
 <figcaption id="caption-attachment-361080" class="wp-caption-text">
 BTC Price, Source: CoinGecko
 </figcaption>
</figure>
 The X user Bluntz advised investors to stay in the ecosystem, claiming this will be the next “BTC ATH rip.” 
<blockquote>
 “This will be the last macro leg higher, you got about 3-4 more months to make as much money as possible,” the trader <a class="editor-rtfLink" href="https://x.com/Bluntz_Capital/status/1836554294109348308" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="external">envisioned</a>.
</blockquote>
Captain Faibik was optimistic, too, <a class="editor-rtfLink" href="https://x.com/CryptoFaibik/status/1836631260254310869" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="external">expecting</a> bulls to test the $68,000 level “in the coming days.”
<h2 id="span-data-preserver-spaces-true-a-href-https-cryptopotato-com-wp-content-uploads-2024-09-recap_cb-8-jpg-data-wpel-link-internal-rel-noopener-noreferrer-nofollow-a-span"><a href="https://cryptopotato.com/wp-content/uploads/2024/09/Recap_CB-8.jpg" data-wpel-link="internal" rel="noopener noreferrer nofollow"></a></h2>
<h2 id="the-odds-of-an-epic-shib-bull-run">The Odds of an Epic SHIB Bull Run</h2>
The second-largest meme coin experienced an uptrend lately, with its price rising by 5% in the past 24 hours and currently trading at around $0.00001392. This comes at a time when the entire cryptocurrency market headed north following the US Fed’s decision to <a class="editor-rtfLink" href="https://cryptopotato.com/bitcoin-above-62k-us-stock-market-down-and-more-feds-rate-cut-aftermath/" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="internal">lower</a> interest rates by 0.5%.
<figure id="attachment_361078" aria-describedby="caption-attachment-361078" style="width: 100%" class="wp-caption aligncenter"><a href="https://cryptopotato.com/wp-content/uploads/2024/09/SHIB-Price-11.png" data-wpel-link="internal" rel="noopener noreferrer nofollow"><img class="wp-image-361078" src="https://cryptopotato.com/wp-content/uploads/2024/09/SHIB-Price-11.png" alt="SHIB Price" width="562" height="400" srcset="https://cryptopotato.com/wp-content/uploads/2024/09/SHIB-Price-11.png 1037w, https://cryptopotato.com/wp-content/uploads/2024/09/SHIB-Price-11-300x214.png 300w, https://cryptopotato.com/wp-content/uploads/2024/09/SHIB-Price-11-1024x729.png 1024w, https://cryptopotato.com/wp-content/uploads/2024/09/SHIB-Price-11-768x547.png 768w, https://cryptopotato.com/wp-content/uploads/2024/09/SHIB-Price-11-50x36.png 50w" sizes="(max-width: 562px) 100vw, 562px"></a>
 <figcaption id="caption-attachment-361078" class="wp-caption-text">
 SHIB Price, Source: CoinGecko
 </figcaption>
</figure>
Earlier this week, one popular analyst <a class="editor-rtfLink" href="https://cryptopotato.com/shiba-inu-price-prediction-epic-shib-bull-run-forecasted-but-worrying-signs-appear/" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="internal">speculated</a> that Shiba Inu (SHIB) may be poised for an outrageous price explosion. The X user, who has almost 150,000 followers, claimed the token could erase two zeroes from its valuation in the future.&nbsp;
The projected rally would put SHIB’s price at $0.001392, representing a nearly 10,000% increase. It is worth noting that the meme coin’s market capitalization must reach approximately $800 billion for this forecast to happen.&nbsp;
Currently, Bitcoin (BTC) is the only cryptocurrency whose market cap exceeds that mark, making the prediction highly unlikely (to say the least).
<h2 id="span-data-preserver-spaces-true-how-s-xrp-doing-span">How’s XRP Doing?</h2>
Ripple’s XRP is also in the green, albeit registering less substantial gains than the rest of the leading cryptocurrencies. It keeps trading at around $0.58, or a 1% rise compared to the figure observed on September 18. 
<figure id="attachment_361079" aria-describedby="caption-attachment-361079" style="width: 100%" class="wp-caption aligncenter"><a href="https://cryptopotato.com/wp-content/uploads/2024/09/XRP-Price-13.png" data-wpel-link="internal" rel="noopener noreferrer nofollow"><img class="wp-image-361079" src="https://cryptopotato.com/wp-content/uploads/2024/09/XRP-Price-13.png" alt="XRP Price" width="584" height="400" srcset="https://cryptopotato.com/wp-content/uploads/2024/09/XRP-Price-13.png 1052w, https://cryptopotato.com/wp-content/uploads/2024/09/XRP-Price-13-300x205.png 300w, https://cryptopotato.com/wp-content/uploads/2024/09/XRP-Price-13-1024x701.png 1024w, https://cryptopotato.com/wp-content/uploads/2024/09/XRP-Price-13-768x526.png 768w, https://cryptopotato.com/wp-content/uploads/2024/09/XRP-Price-13-50x34.png 50w" sizes="(max-width: 584px) 100vw, 584px"></a>
 <figcaption id="caption-attachment-361079" class="wp-caption-text">
 XRP Price, Source: CoinGecko
 </figcaption>
</figure>
Despite moving somewhat sideways, some enthusiasts believe the token could be on the verge of an exponential pump. The X user Max (CEO and founder of the crypto analysis platform BecauseBitcoin) is among the examples, <a class="editor-rtfLink" href="https://cryptopotato.com/why-did-this-bitcoin-bull-buy-a-lot-of-ripple-xrp-now/" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="internal">revealing</a> that he recently entered the ecosystem as an investor. The BTC bull purchased “a lot of” XRP, predicting its price to skyrocket to $5 sometime next year.
EGRAG CRYPTO was even more bullish, outlining five different scenarios for the future. The most optimistic depicts XRP trading at the ridiculous $27.
The post <a href="https://cryptopotato.com/bitcoins-rally-ripple-xrp-price-outlook-and-a-very-interesting-shiba-inu-shib-prediction-bits-recap-sep-19/" rel="noopener noreferrer nofollow">Bitcoin’s Rally, Ripple (XRP) Price Outlook, and a Very Interesting Shiba Inu (SHIB) Prediction: Bits Recap Sep 19</a> appeared first on <a href="https://cryptopotato.com/" rel="noopener noreferrer nofollow">CryptoPotato</a>.

Bitcoin’s Rally, Ripple (XRP) Price Outlook, and a Very Interesting Shiba Inu (SHIB) Prediction: Bits Recap Sep 19

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