{"id":5896,"date":"2025-01-03T08:47:36","date_gmt":"2025-01-03T08:47:36","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=5896"},"modified":"2025-01-03T08:47:36","modified_gmt":"2025-01-03T08:47:36","slug":"ripple-xrp-price-resurgence-shiba-inus-shib-burning-efforts-and-more-bits-recap-jan-3","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=5896","title":{"rendered":"Ripple (XRP) Price Resurgence, Shiba Inu\u2019s (SHIB) Burning Efforts, and More: Bits Recap Jan 3"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li>Ripple (XRP) surged 15% in early 2025, climbing above $2.40, potentially driven by the overall market recovery and Trump\u2019s upcoming inauguration.<\/li>\n<li>44.6B Shiba Inu (SHIB) tokens were burned in 2024, reducing supply to 584.1T and boosting scarcity.<\/li>\n<li>Bitcoin (BTC) rebounded from a late 2024 dip to briefly cross $97,000. Analysts predict a potentially stellar year, with price targets ranging from $120,000 to $280,000.<\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/Recap_CB-31.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-377202\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/Recap_CB-31.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/Recap_CB-31.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/Recap_CB-31-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/Recap_CB-31-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/Recap_CB-31-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/Recap_CB-31-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/span><\/h2>\n<h2>XRP Starts 2025 on the Right Foot<\/h2>\n<p><span data-preserver-spaces=\"true\">Despite performing quite impressively in Q4 2024, Ripple\u2019s native token experienced a substantial correction just before New Year\u2019s Eve. Its price briefly plunged below $2, while the market capitalization dipped to approximately $115 billion.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">However, the bulls stepped in at the start of 2025, pushing XRP back to green territory. The asset is <\/span><span data-preserver-spaces=\"true\">currently<\/span><span data-preserver-spaces=\"true\"> worth over $2.40 (per CoinGecko\u2019s data), representing a 15% rise since the first day of the year.\u00a0<\/span><\/p>\n<figure id=\"attachment_377201\" aria-describedby=\"caption-attachment-377201\" style=\"width: 576px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/XRP-Price-1.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-377201\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/XRP-Price-1.png\" alt=\"XRP Price\" width=\"576\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/XRP-Price-1.png 830w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/XRP-Price-1-300x208.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/XRP-Price-1-768x533.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/XRP-Price-1-50x35.png 50w\" sizes=\"auto, (max-width: 576px) 100vw, 576px\"><\/a><figcaption id=\"caption-attachment-377201\" class=\"wp-caption-text\">XRP Price, Source: CoinGecko<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">Some factors that <\/span><span data-preserver-spaces=\"true\">might have<\/span><span data-preserver-spaces=\"true\"> contributed to the rally <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/why-is-the-ripple-xrp-price-up-today-20\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">include<\/span><\/a><span data-preserver-spaces=\"true\"> the overall crypto market recovery and the resurgence of some important XRP-related metrics.<\/span><span data-preserver-spaces=\"true\"> The asset\u2019s price jump also coincides with the release of monthly XRP tokens from escrow. This time, the company <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/payment-tokens-xrp-and-xlm-surge-in-new-year-altcoin-rally\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">announced<\/span><\/a><span data-preserver-spaces=\"true\"> the effort with an interesting note:<\/span><\/p>\n<blockquote>\n<p><span data-preserver-spaces=\"true\">\u201c<\/span><span data-preserver-spaces=\"true\">January 20th<\/span><span data-preserver-spaces=\"true\"> is around the corner. Donald Trump will be in the WH, and we <\/span><span data-preserver-spaces=\"true\">are going to<\/span><span data-preserver-spaces=\"true\"> make crypto great again!\u201d<\/span><\/p>\n<\/blockquote>\n<p><span data-preserver-spaces=\"true\">The Republican emerged victorious in the US presidential elections in November last year and will officially become the 47th political leader of America in less than three weeks. The community seems excited about his return to the White House due to his numerous <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/10-promises-donald-trump-has-made-regarding-bitcoin-and-crypto\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">pro-crypto promises<\/span><\/a><span data-preserver-spaces=\"true\">. We have yet to see whether he will stick to his word and allow the local digital asset industry to thrive during his rule.\u00a0<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">SHIB\u2019s Burning Mechanism<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">The team behind the popular meme coin adopted a burning program in 2022 that allows the community to send tokens to a null address voluntarily. <\/span><span data-preserver-spaces=\"true\">This<\/span><span data-preserver-spaces=\"true\"> leads to scarcity and could make SHIB more valuable (assuming demand doesn\u2019t head south).<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Earlier this week, the team <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/heres-how-many-shiba-inu-shib-tokens-got-burned-in-2024\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">announced<\/span><\/a><span data-preserver-spaces=\"true\"> that over 44.6 billion tokens (worth approximately $1 million) <\/span><span data-preserver-spaces=\"true\">were burned<\/span><span data-preserver-spaces=\"true\"> throughout 2024.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Initially, SHIB had a total supply of one quadrillion tokens. <\/span><span data-preserver-spaces=\"true\">Years ago<\/span><span data-preserver-spaces=\"true\">, though<\/span><span data-preserver-spaces=\"true\">, <\/span><span data-preserver-spaces=\"true\">half of that amount was sent<\/span><span data-preserver-spaces=\"true\"> to Ethereum\u2019s co-founder Vitalik Buterin, who donated trillions of SHIB to charity organizations and <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/ethereum-co-founder-vitalik-buterin-burns-6-7-billion-in-shiba-inu-shib-tokens\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">burned<\/span><\/a><span data-preserver-spaces=\"true\"> the remaining stash.<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">As <\/span><span data-preserver-spaces=\"true\">of the moment<\/span><span data-preserver-spaces=\"true\"> of this writing, the meme coin\u2019s circulating supply stands at around 584.1 trillion.\u00a0<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">BTC Heads North, too<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">While the primary cryptocurrency dipped to a one-month low of under $92,000 on <\/span><span data-preserver-spaces=\"true\">December 30<\/span><span data-preserver-spaces=\"true\">, it got back to the green track in the following days. The price crossed $97,000 on <\/span><span data-preserver-spaces=\"true\">January 2<\/span><span data-preserver-spaces=\"true\">, while currently, it <\/span><span data-preserver-spaces=\"true\">is set<\/span><span data-preserver-spaces=\"true\"> at around $96,300.<\/span><\/p>\n<figure id=\"attachment_377200\" aria-describedby=\"caption-attachment-377200\" style=\"width: 588px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/BTC-Price.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-377200\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/BTC-Price.png\" alt=\"BTC Price\" width=\"588\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/BTC-Price.png 852w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/BTC-Price-300x204.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/BTC-Price-768x523.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/BTC-Price-50x34.png 50w\" sizes=\"auto, (max-width: 588px) 100vw, 588px\"><\/a><figcaption id=\"caption-attachment-377200\" class=\"wp-caption-text\">BTC Price, Source: CoinGecko<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">Many market<\/span><span data-preserver-spaces=\"true\"> observers think 2025 could be another successful year for BTC.<\/span><span data-preserver-spaces=\"true\"> The X users Crypto Rover and Doctor Profit are among the optimists, <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/interesting-bitcoin-btc-predictions-for-2025\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">setting<\/span><\/a><span data-preserver-spaces=\"true\"> targets of $120,000 and $125,000, respectively.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Trader Tardigrade outlined an even more bullish forecast, envisioning a pump to as high as $280,000 sometime this year.<\/span><\/p>\n<blockquote>\n<p><span data-preserver-spaces=\"true\">\u201cIf<\/span><span data-preserver-spaces=\"true\"> you miss the BTC peak in 2025, you\u2019ll have to wait until 2029<\/span><span data-preserver-spaces=\"true\">,\u201d the analyst suggested<\/span><span data-preserver-spaces=\"true\">.<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span><\/p>\n<\/blockquote>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/ripple-xrp-price-resurgence-shiba-inus-shib-burning-efforts-and-more-bits-recap-jan-3\/\" rel=\"nofollow\">Ripple (XRP) Price Resurgence, Shiba Inu\u2019s (SHIB) Burning Efforts, and More: Bits Recap Jan 3<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Ripple (XRP) surged 15% in early 2025, climbing above $2.40, potentially driven by the overall market recovery and Trump\u2019s upcoming inauguration. 44.6B Shiba Inu (SHIB) tokens were burned in 2024, reducing supply to 584.1T and boosting scarcity. Bitcoin (BTC) rebounded from a late 2024 dip to briefly cross $97,000. Analysts predict a potentially stellar [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-5896","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/5896","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5896"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/5896\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5896"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5896"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}