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Crypto

Shiba Inu surges alone among meme coins, rises to 25th by market cap

Shiba Inu surged nearly 40 percent in a day, adding $1 billion in market value and climbing to 25th in cryptocurrency market-cap rankings. It rose as high as $0.00000582 and reached a market value of $3.12 billion, with no separate announcement or development news. Trading volume jumped 12.45 times to $717 million. In Korea, Upbit recorded $68.99 million in SHIB/KRW volume.

Crypto

Barstool Sports founder says he will cash out XRP at $1.40

Dave Portnoy (데이브 포트노이), founder of U.S. media company Barstool Sports, set $1.40 as his target price to sell XRP, saying he wants to secure cash ahead of an August racehorse auction instead of waiting for $2. He also said Bitcoin needs to rise to $80,000. Portnoy said his crypto portfolio once showed losses of $3 million to $5 million and he is shifting to locking in profits at set levels.

Crypto

XRP daily active users top 150,000 as network activity may rebound

XRP Ledger daily active users have exceeded 150,000, reaching about 157,200 on July 21, the first time in weeks to clear that level and among the month’s highest readings. The metric is seen as a gauge of real network activity, though it does not by itself confirm a price rise. Daily users have mostly held between 120,000 and 160,000 over the past month. XRP trades around $1.13 and faces resistance at $1.16 to $1.24.