{"id":81929,"date":"2025-07-18T11:26:15","date_gmt":"2025-07-18T11:26:15","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=81929"},"modified":"2025-07-18T11:26:15","modified_gmt":"2025-07-18T11:26:15","slug":"ripple-xrp-price-explosion-shiba-inus-shib-potential-and-more-bits-recap-july-18","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=81929","title":{"rendered":"Ripple (XRP) Price Explosion, Shiba Inu\u2019s (SHIB) Potential, and More: Bits Recap July 18"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

XRP surged by 60% in the last month, hitting a new historic peak. A<\/span>nalysts predict further gains, with targets up to $10.
\nSHIB rose 30% in two weeks, yet 45% of holders remain in the red. Market observers see more upside based on certain chart patterns.
\nBTC dipped to $119K after peaking at $123K, but strong ETF inflows and whale activity suggest the bull run may continue.<\/p>\n

<\/a><\/span><\/h2>\n

XRP Reached Uncharted Territory<\/h2>\n

Ripple\u2019s XRP has been on the crest of the wave recently, with its price <\/span>tapping<\/span><\/a> an all-time high (on most exchanges and data aggregators) of over $3.60. The asset\u2019s investors had to wait more than seven years for this achievement since the previous peak of approximately $3.40 <\/span>was registered<\/span> at the start of 2018.<\/span><\/p>\n

Meanwhile, XRP\u2019s market capitalization surged well above $200 billion, solidifying the token as the third-largest cryptocurrency and widening the gap with the fourth, Tether\u2019s USDT.<\/span><\/p>\n

The coin\u2019s massive rally <\/span>appears to be<\/span> a combination of multiple bullish factors, including rising public interest, growing network growth,<\/span> whales\u2019 accumulation<\/span><\/a>, and the recent <\/span>green light<\/span><\/a> on some <\/span>important<\/span> crypto bills in the United States.<\/span><\/p>\n

Unsurprisingly, crypto X <\/span>is rammed<\/span> with users expecting the uptrend to continue in the short term. Ali Martinez <\/span>believes<\/span><\/a> a weekly close above $3 could open the door for a price ascent to as high as $4.80. Others like Javon Marks were even more bullish, <\/span>envisioning<\/span><\/a> a rise to the <\/span>major<\/span> milestone of $10.\u00a0<\/span><\/p>\n

What\u2019s Going on With SHIB?<\/span><\/h2>\n

The second-largest meme coin experienced a 30% price increase over the <\/span>last<\/span> two weeks, <\/span>while<\/span> its market capitalization briefly <\/span>exceeded<\/span> $9 billion.<\/span><\/p>\n

However, many of its holders await more substantial gains as they remain in the red. Earlier this week<\/span>, <\/span>the percentage<\/span><\/a> of SHIB investors sitting on unrealized losses was around 54%, <\/span>while currently<\/span> it is 45%.<\/span> This<\/span> is <\/span>so<\/span> because <\/span>a lot of<\/span> holders joined the ecosystem years ago when Shiba Inu\u2019s price was in much better condition.<\/span><\/p>\n

<\/a>SHIB Holders in Profit, Source: ITB<\/p>\n

Still, numerous analysts <\/span>think<\/span> the meme coin has the potential to <\/span>pump much<\/span> more significantly <\/span>during this bull cycle.<\/span> X user CJ <\/span>claimed<\/span><\/a> SHIB has formed \u201ca pretty epic structure\u201d on its price chart and predicted a massive jump in the near term.\u00a0<\/span><\/p>\n

Is BTC Ready for More?<\/span><\/h2>\n

While the leading cryptocurrency <\/span>exploded<\/span><\/a> to an all-time high of approximately $123,000 on July 14, it cooled off slightly in the following days. <\/span>As of this writing, it trades at around $119,000<\/span>, but<\/span> certain<\/span> indicators suggest the rally is far from <\/span>being<\/span> over.<\/span>\u00a0<\/span><\/p>\n

BTC\u2019s Market Value to Realized Value (MVRV), for instance, currently stands at around 2.36. \u201cHistorically, values over 3.7 indicated price top and values below<\/span> 1 <\/span>indicated price bottom,\u201d CryptoQuant explained.<\/span><\/p>\n

<\/a>BTC MVRV, Source: CryptoQuant<\/p>\n

The flow of capital toward spot BTC ETFs <\/span>remains<\/span><\/a> solid, showing huge interest from investors, while <\/span>the <\/span>whales\u2019 accumulation<\/span><\/a> efforts can also be added<\/span> to the bullish factors.<\/span><\/p>\n

The post Ripple (XRP) Price Explosion, Shiba Inu\u2019s (SHIB) Potential, and More: Bits Recap July 18<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR XRP surged by 60% in the last month, hitting a new historic peak. Analysts predict further gains, with targets up to $10. SHIB rose 30% in two weeks, yet 45% of holders remain in the red. Market observers see more upside based on certain chart patterns. BTC dipped to $119K after peaking at $123K, […]<\/p>\n","protected":false},"author":0,"featured_media":81930,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-81929","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/81929"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=81929"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/81929\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/81930"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=81929"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=81929"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=81929"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}