{"id":59714,"date":"2025-11-21T13:33:48","date_gmt":"2025-11-21T13:33:48","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=59714"},"modified":"2025-11-21T13:33:48","modified_gmt":"2025-11-21T13:33:48","slug":"pi-networks-pi-volatility-ripples-xrp-price-crash-and-more-bits-recap-november-21","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=59714","title":{"rendered":"Pi Network\u2019s (PI) Volatility, Ripple\u2019s (XRP) Price Crash, and More: Bits Recap November 21"},"content":{"rendered":"
\n

Pi Network\u2019s native token has been affected by the latest crypto market crash, but its price remains in green territory on a weekly scale. Ripple\u2019s XRP has performed much worse, with its valuation collapsing by double digits within this period.<\/p>\n

In the following lines, we will touch upon these two cryptocurrencies and check what\u2019s happening with Shiba Inu (SHIB).<\/p>\n

PI\u2019s Recent Performance<\/h2>\n

Pi Network, a controversial yet highly popular crypto project, has introduced multiple ecosystem updates as of late. Last week, the team rolled out<\/a> an upgrade primarily focused on the AI-powered platform, Pi App Studio.<\/p>\n

It aims to make the feature more useful for technical developers, allowing them to quickly prototype applications and then continue development on top of them. It also improves the \u201cMy Apps\u201d section, which now includes a search function, sorting filters, and a dropdown menu for renaming or managing applications. Shortly after, the team revealed<\/a> how Pioneers can maximize the upgrade.<\/p>\n

Earlier this week, numerous X accounts disclosed<\/a> that Pi Network has achieved full compliance with the European Union\u2019s Markets in Crypto-Assets Regulation (MiCA).<\/p>\n

These advancements could be the main reasons why PI hasn\u2019t been in a state of free fall (just like many leading cryptocurrencies) lately. Its price surged to $0.26 on November 20 but has since retraced to $0.23 (per CoinGecko\u2019s data). Still, this represents a 7% increase on a weekly scale.<\/p>\n

\"PI<\/a>
PI Price, Source: CoinGecko<\/figcaption><\/figure>\n

XRP\u2019s Brutal Crash<\/h2>\n

Ripple\u2019s cross-border token is among the worst-hit by the broader crypto meltdown. Its price plummeted to $1.90, the lowest level since April this year, while the recent whale activity suggests a more substantial collapse might be on the way.<\/p>\n

Over the past month or so, large investors have offloaded<\/a> approximately 1.4 billion tokens, and recently they\u00a0sold<\/a> an additional 190 million coins. Such heavy selling could spark panic among smaller players, prompting them to follow suit and potentially triggering a domino-style wave of further declines.<\/p>\n

It is important to note that the asset\u2019s price drop could also be attributed<\/a> to a possible \u201csell-the-news\u201d effect related to the launch of the two spot XRP ETFs in the USA \u2013 Canary Capital\u2019s XRPC and Bitwise\u2019s XRP. Even though these products were huge milestones (given their 100% exposure to the asset), the market had supposedly already priced in investor excitement and reacted with a plunge in the days after the official introduction.<\/p>\n

How\u2019s SHIB Doing?<\/h2>\n

The crypto crisis hasn\u2019t bypassed Shiba Inu, whose price has fallen 15% over the past week. However, certain indicators suggest that a rebound might be on the horizon.<\/p>\n

As CryptoPotato<\/em> reported<\/a>, the SHIB burn rate exploded by over 2,000,000% on November 20. Such efforts aim to reduce the meme coin\u2019s overall supply, thereby potentially increasing its value over time.<\/p>\n

Furthermore, the amount of SHIB held on exchanges hit a fresh four-year low, indicating that investors are continuing to switch to self-custody. This could be interpreted as a bullish factor, as it decreases immediate selling pressure.<\/p>\n

\"SHIB<\/a>
SHIB Exchange Netflow, Source: CryptoQuant<\/figcaption><\/figure>\n

The post Pi Network\u2019s (PI) Volatility, Ripple\u2019s (XRP) Price Crash, and More: Bits Recap November 21<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Pi Network\u2019s native token has been affected by the latest crypto market crash, but its price remains in green territory on a weekly scale. Ripple\u2019s XRP has performed much worse, with its valuation collapsing by double digits within this period. In the following lines, we will touch upon these two cryptocurrencies and check what\u2019s happening […]<\/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-59714","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\/59714","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=59714"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/59714\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=59714"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=59714"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=59714"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}