XRP News Today: XRP Rises 2.5% While Shiba Inu Drops 29%

On July 1, the cryptocurrency market witnessed significant movements in several key assets, notably XRP, Pepe, and Shiba Inu. XRP, the native token of the Ripple network, saw a slight increase, reaching $2.21. This upward trend was in contrast to the broader market, which experienced a 2.5% decline over the past 24 hours. Analysts have predicted that if XRP adoption surges, the token could reach between $8 and $15 within the next twelve months. Additionally, closing above $2.30 could potentially trigger the next supercycle for XRP, further boosting its value.

Shiba Inu, another prominent cryptocurrency, faced a challenging day as its price dropped. However, industry experts anticipate a rebound, with predictions suggesting that SHIB could rise by almost 29% to approximately $0.0000146 by mid-July. Long-term forecasts indicate that if Shiba Inu grows by 30% annually, its price could reach around $0.00001469 by July 2026. This optimistic outlook is supported by the potential for significant growth in the meme coin sector, with new tokens like Little Pepe (LILPEPE) gaining attention and projecting a return of 21,839% from its current price.

Pepe, another meme coin, also faced volatility. According to price predictions, the PEPE token is expected to decrease by 17.25% and drop as low as by July 3, 2025. Despite this short-term bearish outlook, some analysts remain optimistic about Pepe's long-term prospects, suggesting that it could hit $0.0001 in the future. The meme coin sector continues to attract interest, with new tokens and technologies, such as Pepeto's bridge technology, contributing to the overall growth and innovation in the market.

In summary, the cryptocurrency market on July 1 saw mixed movements for XRP, Pepe, and Shiba Inu. XRP showed a slight increase, while Shiba Inu and Pepe faced volatility. Analysts predict that XRP could reach between $8 and $15 within the next twelve months if adoption surges. Shiba Inu is expected to rebound by almost 29% by mid-July, with long-term forecasts suggesting a price of around $0.00001469 by July 2026. Pepe, despite its short-term bearish outlook, has long-term potential, with some analysts suggesting it could hit $0.0001 in the future. The meme coin sector continues to attract interest, with new tokens and technologies contributing to its growth and innovation.