XRP Faces Potential Overselling: Several altcoins, including XRP, which had been performing well at the start of the month, are now experiencing a downturn. Currently trading at $0.6903, XRP has seen a 1% drop in the past 24 hours and nearly 9% over the last seven days. Additionally, XRP’s trading volume has declined by 10.76% in the past day. With bearish sentiment prevailing, there’s a possibility of further decline unless a support level emerges soon. Some analysts believe that XRP may be oversold due to its recent strong performance, indicating the potential for a rebound once bearish sentiment subsides.
Shiba Inu (SHIB) Teases Exciting News:
A recent tweet from Lucie, an official in the Shiba Inu ecosystem, hinted at something significant in the works for the meme coin project. The tweet alluded to upcoming major releases, including the “Worldpaper” launch and the Shibarium mainnet launch. The “Worldpaper” is expected to provide in-depth insights into various aspects of SHIB, encompassing tokens, products, platforms, and services related to SHIB, BONE, LEASH, and TREAT. Shiba Inu lead, Shytoshi Kusama, previously teased the “Worldpaper” unveiling in conjunction with the Shibarium release.
XRP Community Engages with New Twitter “X” Logo:
Twitter recently unveiled a new logo featuring a minimalist art deco-style “X” replacing the iconic blue bird. This change has sparked discussions among Twitter users, with some embracing the new design while others prefer the old logo. Interestingly, the XRP community has also joined the conversation, pointing out the similarity between the new Twitter “X” and the logo of their beloved coin. Influential Twitter user “XRPcryptowolf” shared the XRP logo on a black background in response to Twitter CEO Linda Yaccarino’s announcement, asking followers if they also believe the XRP logo looks better in the new context.