Shiba Inu (SHIB) and XRP are two of the most popular cryptocurrencies among the top 20 projects. Both assets have given massive returns to early investors. However, which token will make you more money by Christmas 2023? Let’s take a look.
Shiba Inu (SHIB) vs. XRP in 2023
Since the beginning of this year, SHIB’s price has fallen by about 2%. The token, although immensely popular, has struggled to gain momentum despite big launches. The project’s layer-2 network, Shibarium, did not do much to boost the asset’s price, although there was a lot of hype around it. Furthermore, even when the larger crypto market rallied towards the end of October, SHIB struggled to breach the $0.000008 level. Nonetheless, the token is still up 7% over the previous week.
On the other hand, XRP is up by almost 67% since the beginning of this year, compared to SHIB’s 2% drop. Moreover, the token has surged nearly 10% over the previous month. XRP’s bullishness in 2023 could be because a court ruled that the asset is not a security. The ruling may play a significant role in boosting the asset’s desirability among investors.
Which will make more money by Christmas 2023?
According to Changelly, Shiba Inu (SHIB) could reach a price of $0.0000088 by Nov. 29, 2023, a growth of about 11% from current price levels. On the other hand, the platform anticipates XRP to hit a price of $0.60 by Nov. 29, 2023, a growth of about 5% from current price levels.
If SHIB continues its current pattern, it could rise by about 12% from current levels. On the other hand, XRP could surge to around $0.70, a rise of about 22% from its current price. Moreover, XRP has a more stable market than SHIB’s, which gives it a lot of advantages. SHIB has a lot of volatility, and the token has struggled a lot in 2023. Hence, XRP is more likely to make more money by Christmas 2023.