A Dubai-based crypto investor has sparked debate after announcing on X that she sold all her XRP holdings and increased her exposure to Shiba Inu.
Summary
- A Dubai-based investor said she sold all her XRP holdings to buy more Shiba Inu, reigniting the debate between utility-driven tokens and meme coins.
- The move follows her earlier January prediction that SHIB could reach $1 in 2026, signaling strong conviction in the meme token’s upside.
- The switch drew criticism from the crypto community, with users questioning the decision to exit XRP amid contrasting price performance between the two assets.
The short but pointed post read: “Just sold all my XRP and got more SHIB.” The move immediately caught attention, given the Ripple token’s (XRP) reputation as a utility-focused token compared with SHIB’s meme-driven roots.
A bold bet on Shiba Inu
The decision did not come entirely out of the blue. Back in January, the same investor posted an eye-catching prediction: SHIB TO $1 IN 2026.
While the target raised eyebrows across the crypto community, it signaled strong conviction in Shiba Inu’s (SHIB) long-term upside.
By fully exiting XRP, the investor appears to be doubling down on that belief, favoring speculative potential over established narratives tied to payments and institutional adoption.
XRP exit raises eyebrows
XRP supporters were quick to question the move. One X user responded bluntly, saying, “Selling XRP was the wrong choice.”
Market data shows a stark difference in how these two assets have performed recently. XRP is trading around $1.45, reflecting interest in its utility use cases and ongoing developments in the crypto landscape.
Meanwhile, Shiba Inu has seen lower absolute pricing and remains far below its all-time highs, trading at fractions of a cent. While both assets are down from previous peaks, SHIB’s relative volatility and community-driven price swings have kept it in the spotlight.
For many holders, XRP’s appeal lies in its real-world use cases and ongoing developments around cross-border payments, making a complete exit seem premature, especially during uncertain market conditions.
The community reactions reflect a broader divide in crypto markets, where meme coins are often seen as high-risk bets compared to alternative layer-1 or utility-driven tokens.
Source: https://crypto.news/dubai-investor-switches-from-xrp-to-shiba-inu/
