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Crypto

Shiba Inu exchange holdings near 80 trillion tokens, raising questions over sell pressure

Shiba Inu exchange holdings are nearing 80 trillion tokens again, emerging as a key on-chain indicator for the token’s next move. U.Today reported SHIB exchange reserves rose to about 8.05 trillion tokens, with more than 959 billion tokens flowing into trading platforms in the latest period. SHIB trades around $0.0000045 and remains below major moving averages. The outlet said exchange activity will be crucial in determining whether inflows translate into selling.

Crypto

XRP seeks rebound, Dogecoin tries for $0.1 as Shiba Inu lags

XRP, Dogecoin and Shiba Inu are attempting to rebound after a recent sharp drop, but technical indicators suggest it is too early to talk about a full trend reversal, an analysis said. XRP is trying to recover near $1.1, with attention on whether it can reclaim $1.2. Dogecoin is holding around $0.08 while traders watch a return to $0.1. Shiba Inu is seen as the weakest, having broken an upward channel and trading below key moving averages.

Crypto

XRP Ledger payment metrics fall to near zero, raising concerns over possible network issues

XRP Ledger payment indicators fell to effectively zero over the course of June 22, stoking concern about possible network problems. U.Today reported that account-to-account payments dropped to zero and active users showed a similar trend. The sharp one-day decline contrasted with the past year’s pattern of hundreds of thousands of daily payments. Market attention has focused on potential technical factors such as data collection or indexing issues, as XRP trades around $1.13.