Shiba Inu has reached its lowest price level in nearly two years. At the time of writing, the meme coin is trading at around $0.00000901, indicating a 0.58% increase in the last 24 hours. SHIB Price, Source: CoinMarketCap In the trading session on Tuesday, SHIB momentarily hit an intraday low of $0.00000827 and then rebounded to close at $0.00000957. The last time SHIB traded at this level was January 3, 2024. The recent downturn reflects broader weakness across the cryptocurrency market, with Shiba Inu unable to escape the selling pressure. The recovery proved temporary, highlighting the persistent bearish sentiment surrounding the token. On October 10, a flash crash added to the uncertainty of the actual scope of the downturn in SHIB. On Binance, the token fell momentarily to $0.00000678. Steep Losses Mount for Investors The price action tells a difficult story for Shiba Inu holders. The damage to investor portfolios remains substantial. CoinMarketCap data reveals a 10.05% decline over the past week. The monthly performance looks even worse, with SHIB down 28.97% over the last 30 days. Year-to-date returns paint an especially grim picture. Those investors who had bought SHIB at the start of 2025 have seen their investments plummet by 57%. This severe underperformance stands in stark contrast to Bitcoin`s trajectory, which reached new all-time highs multiple times throughout the year. The divergence between Bitcoin and Shiba Inu highlights the selective nature of the current market cycle. While major cryptocurrencies have attracted capital, meme coins have struggled to maintain investor interest. Bullish Catalysts Fail to Reverse Trend Several potentially positive developments have failed to support SHIB`s price. The Shiba Inu ecosystem has seen an increase in token burn rates , which typically reduce supply and create upward price pressure. Exchange reserves for SHIB have also declined. This metric usually indicates investors are moving tokens to private wallets for long-term holding rather than preparing to sell. Despite this traditionally bullish signal, the price has continued to fall. Institutional interest was building when T. Rowe Price filed for a Shiba Inu spot ETF in late October. The asset manager oversees $1.7 trillion in investments, and its filing suggested growing mainstream acceptance of the meme coin. Yet even this development could not prevent further price declines. The market has largely ignored these positive catalysts, focusing instead on broader risk-off sentiment.
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The XRP Merger They Tried to Hide Until Evernorth Slipped Up
Something significant appears to have shifted beneath the surface of the crypto market. While attention focused elsewhere, a quiet transaction involving XRP went unnoticed. It now seems that a major institutional player made a move that could reshape XRP’s liquidity landscape. Ripple Bull Winkle, a respected market researcher, brought attention to this hidden activity through an X post. He claimed that “something massive just happened behind the scenes, and they tried to hide it.” His revelation has sparked wide discussion about what Evernorth Holdings has been doing quietly behind closed doors. Evernorth’s Silent Accumulation of XRP Evernorth reportedly purchased $214 million worth of XRP without any public announcement or press release. The purchase, carried out discreetly, increased its total holdings to about 473 million XRP. Market reports suggest that these acquisitions were made between $2.36 and $2.53 per token. Ripple Bull Winkle explained that such a move signals strategic positioning rather than random trading. “They control over 473 million XRP,” he said, noting that the purchases were executed “under the radar.” His post suggests that this accumulation reflects strong confidence in XRP’s long-term potential. The $XRP merger they tried to hide until Evernorth slipped up. Too late now pic.twitter.com/VFzz3dUtwn — Ripple Bull Winkle | Crypto Researcher (@RipBullWinkle) November 5, 2025 Why the Move Matters Institutional purchases of this size can reshape liquidity and influence future price movement. When a single treasury holds hundreds of millions of tokens, the available market supply shrinks significantly. This concentration can drive volatility once large-scale adoption or ETF launches occur. Evernorth’s acquisition also appears tied to its broader corporate strategy. The firm has been preparing to go public through a SPAC deal valued at $1 billion . That structure would let Evernorth offer institutional investors regulated exposure to XRP. Ripple Bull Winkle called this “a quiet transfer of power,” hinting that large players are securing control before mainstream investors notice. The Strategic Implications Ripple Bull Winkle warned that this is not ordinary crypto speculation. In his words, “It is the infrastructure being rebuilt in real time.” His statement implies that institutional investors may be preparing for a system-wide transformation in digital finance. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 By buying at the lower end of XRP’s range, Evernorth seems to be positioning for long-term dominance. The purchase reflects the view that XRP sits near a cyclical bottom. Such moves typically occur before major announcements, product launches, or regulatory breakthroughs. Evernorth’s link with Ripple-affiliated funds further strengthens the argument that this was a coordinated strategic action. As Ripple Bull Winkle noted, “They’re locking in the rails before the system flips.” What Comes Next Observers are now watching for Evernorth’s next disclosure and how it integrates these assets into its public filings. Analysts also expect new liquidity strategies tied to institutional settlement solutions. The quiet accumulation of nearly half a billion XRP may, in time, prove to be one of the most pivotal moves in the token’s history. As Ripple Bull Winkle cautioned, “You only notice it when it’s too late.” If his assessment holds, Evernorth’s actions could mark the beginning of a much larger institutional transformation—one that redefines XRP’s role in global financial infrastructure. Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post The XRP Merger They Tried to Hide Until Evernorth Slipped Up appeared first on Times Tabloid . Coinpaper

