$XRP Price Prediction: Can it Soar Higher, or Will This Meme Coin Steal the Spotlight?

Amid the generally enthusiastic atmosphere in the wider cryptocurrency market upon the victory of the pro-crypto presidential candidate Donald Trump, $XRP is among the digital assets experiencing a particular boost.

With its longstanding reputation as a bank-friendly crypto asset and the favorable judgment in the court case between the United States Securities and Exchange Commission (SEC) and Ripple in 2023, $XRP has garnered attention for its steady resilience.

Taking into account the current bullish momentum and these positive influences, this might just be the beginning of a significant rally for $XRP in the weeks to come.

However, while $XRP might be looking at stronger price action, a different type of crypto has entered the spotlight: Shiba Galaxy ($SHIB). This newcomer is already captivating the meme coin community by blending the lighthearted appeal of meme culture with tangible, tech-driven features.

Its fresh approach is turning heads and raising questions about whether $SHIBG is a more exciting choice in today’s meme-hungry market.

Is $XRP headed for a bullish run?

As it happens, $XRP has had a steady October in terms of its price movement, demonstrating resistance to market volatility and continuous investor interest. However, it didn’t make a stronger upward move until early November, pushed by the optimistic sentiment surrounding Trump’s win.

According to prominent crypto expert Alan Santana, $XRP has recently been trading below 0.618 Fibonacci retracement on its weekly chart relative to the bullish streak from the June 2022 low to the July 2023 high. Below this line, its bearish potential is strong and a crash could occur at any time.

On the other hand, should $XRP break above this level, Santana expects it to continue upwards. The new wave of optimism in the crypto industry, which has already sent this token above the critical $0.53 threshold, might indeed help make the projected scenario materialize.

All of this goes to show that, while $XRP’s steady performance has gained it a loyal following, the overall sentiment can be unpredictable. Even such a widely adopted digital asset isn’t immune to sudden market shifts, and investors should keep an eye on broader factors that may influence its price trajectory.

But here’s the twist: as $XRP consolidates, meme coins are getting their time to shine.

Rise of Shiba Galaxy ($SHIBG)

Here’s where Shiba Galaxy enters the stage, the newest star in the meme coin universe that’s quickly gaining a large following. However, $SHIBG is more than a “mere” meme token.

It’s a Layer 2 blockchain designed with scalability and high speed in mind, making it a promising project for those looking for fun and functionality.

Notably, meme coins have demonstrated that they can thrive and gather a devoted community even when the broader market faces turbulence. Shiba Galaxy has already distinguished itself among them by adding real-world utility to the mix.

With its efficient and scalable platform, fast bridging to the Ethereum ($ETH) network, and ultra-low transaction fees, Shiba Galaxy has captured interest from those craving more than just upside potential and want a meme coin that truly stands out from the pack.

Currently going for $0.109 apiece in presale and with a modest market capitalization of $32 million, $SHIBG offers investors a ground-floor opportunity to join a rapidly growing community, carving out a name for itself in the already established meme coin sphere.

Memes meet utility meet opportunity

Ultimately, for those looking to diversify their portfolio beyond traditional tokens like $XRP, $SHIBG represents a unique chance to get in on a project that combines meme coin culture with practical utility. So, don’t get left behind on the Shiba Galaxy launchpad; the next big wave in crypto could start right here.

This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article