XRP News Today: Whale Exodus and Golden Cross Set Up SHIB's Tense Crossroads

Shiba Inu (SHIB), once a paragon of meme coin success, is now navigating a landscape of caution and shifting investor priorities. Recent developments signal a bifurcation in market sentiment, with technical indicators suggesting potential upward movement, while fundamental metrics and whale activity indicate waning confidence. SHIB recently formed a golden cross, a technical signal where the 50-day moving average crossed above the 200-day moving average, marking the first such occurrence in 2025. This bullish development follows a death cross in February, and traders are watching closely for signs of sustained momentum [1].

Despite this, broader market trends and on-chain data reveal a more complex picture. SHIB’s 24-hour trading volume stands at $172.8 million, reflecting a 23% decline from one day prior. This decline contrasts with the higher volumes of competing meme coins like Dogecoin and Pepe, which currently trade at $1.75 billion and $381 million, respectively. Meanwhile, the token burn mechanism—a strategy to reduce supply—showed a 537% increase in burned tokens on Wednesday, yet the total value of these tokens was less than $5, underscoring its minimal impact on price [2].

Whale activity further complicates the outlook. SHIB’s whale holdings have decreased by 22% over the last 30 days, with major holders now holding 35.24 billion coins. This sell-off aligns with broader trends seen in other tokens, such as XRP, where whale distribution has historically coincided with price corrections. Analysts like Maartunn at CryptoQuant have noted that whale flows for SHIB have turned negative, signaling a shift in institutional or large-scale investor sentiment [3].

Technical indicators paint a mixed outlook. SHIB’s price has been consolidating within a range of approximately $0.000012 to $0.0000135. The formation of a symmetrical triangle pattern suggests that a breakout—either bullish or bearish—is imminent. Key support and resistance levels have been identified at $0.00001 and $0.000016, with the current price hovering near the 50-day and 25-day exponential moving averages. The Average True Range (ATR) is declining, indicating reduced volatility and a potential lull before a significant price shift [4].

The broader crypto market has also been marked by caution, with major cryptocurrencies experiencing profit-taking and mixed performance. SHIB’s decline of -5.30% in the past seven days outperforms the global market but lags behind similar tokens in the Coinbase 50 Index. The token’s fully diluted valuation (FDV) of $90.3 billion remains largely theoretical, as the current market capitalization of $90.26 billion is far from reaching this level unless the entire supply of 590 trillion tokens enters circulation. This discrepancy highlights the long-term nature of SHIB’s valuation potential [1].

While SHIB’s future remains uncertain, the market is increasingly looking toward emerging projects like Pepe Dollar (PEPD) for explosive returns. SHIB’s legacy as a meme coin that turned early adopters into millionaires is well documented, but its high market cap now limits the kind of parabolic growth that once defined it. PEPD, on the other hand, is in the early stages of its presale, offering investors a potential sixfold return before trading even begins. The alignment of whale and retail investor interests in PEPD has created a dynamic reminiscent of SHIB’s 2021 surge, suggesting it could be positioned for a similar trajectory [5].

Source:

[1] title1 (https://www.coingecko.com/en/coins/shiba-inu)

[2] title2 (https://u.today/shiba-inu-shib-forms-first-2025-golden-cross-xrp-whales-dumping-xrp-en-masse-bitcoin-btc-rockets-0)

[3] title3 (https://www.banklesstimes.com/articles/2025/09/03/shiba-inu-price-prediction-as-whales-dump-derivatives-data-wanes/)

[5] title5 (https://www.mexc.com/en-GB/news/shiba-inu-made-crypto-millionaires-3-reasons-this-shib-rival-will-create-life-changing-profits-pepe-dollar-draws-shib-whales/82728)