Artificial intelligence (AI) predicts a potential bull for the price of Shiba Inu (SHIB) and Ripple (XRP) by November 10, thanks to developments in the SHIB ecosystem and the increase in institutional interest for XRP.
Let’s see all the details below.
Prospects for Shiba Inu and Ripple on the rise: price forecasts according to AI
Artificial intelligence (AI) continues to revolutionize the cryptocurrency sector, helping investors make informed predictions and navigate the complex digital market. Among the tokens that have sparked particular interest are Shiba Inu (SHIB) and Ripple (XRP).
These two assets, belonging to different segments but strategically relevant in the world of cryptocurrencies, have experienced a relatively calm October, interspersed with sporadic price increases.
Shiba Inu, one of the main “meme coin”, has gone well beyond its initial perception as a “trend coin”.
The SHIB ecosystem has taken significant steps towards a serious and structured expansion, developing innovative projects ranging from decentralized social platforms to decentralized finance (DeFi) to dedicated marketplaces.
Lucie, marketing manager of SHIB, recently confirmed that the ecosystem is buzzing, engaged in the creation of the stablecoin SHI and in building platforms that can promote interaction and value for the SHIB community.
One of the most significant developments is the launch of the SHIB Doggy DAO. This Decentralized Autonomous Organization aims to ensure transparent governance.
Specifically, by entrusting the community with the task of making key decisions on resource allocation, with a management system that prevents errors and waste.
Lucie highlighted how the SHIB Doggy DAO Foundation will act as a “legal custodian” to ensure the implementation of the community’s decisions and to protect the Doggy Treasury, which serves as the main fund of the project.
This move aims to position Shiba Inu not only as a “meme coin,” but as an ecosystem with a long-term goal and a solid support base.
According to current estimates, the price of SHIB is around $0.00001735. However, with the update of its ecosystem and the growing interest of the community, SHIB is expected to rise up to $0.00003019 by November 10.
This increase could be encouraged by the expansion of the network and the new developments that improve the engagement and stability of the token.
Ripple (XRP): consolidation and new growth prospects
Ripple, known by the symbol XRP, is one of the most followed tokens in the bull and bear cryptocurrency landscape.
After a long legal battle with the Securities and Exchange Commission (SEC) of the United States to confirm its legality as a digital asset, Ripple has strengthened its position in the market.
Gaining consequently institutional support and international credibility. While the legal case has undoubtedly created turbulence, the victory has opened new horizons for XRP.
Ripple has intensified its network of global collaborations, establishing itself as a key player in international transactions.
The introduction of new financial instruments, including ETFs linked to XRP and the launch of RLUSD, are helping to expand the potential of the token.
Thanks to these innovations, Ripple is getting closer to achieving its mission of bridging the gaps in the global transaction market, offering quick and cost-effective solutions for international transfers.
Furthermore, institutional interest in XRP has grown significantly, indicating that the token could reach a new high.
At the moment, XRP is trading at about $0.50. However, AI forecasts suggest that XRP could reach $0.58 by November 10.
This increase, although modest, represents a steady progression for Ripple, which is gradually consolidating its position as a valuable asset for institutional and private investors.
Possible scenarios for November 10 and beyond
The forecasts on cryptocurrency prices are based on advanced algorithms and the analysis of a vast amount of historical and market data.
The intelligenza artificiale analyzes factors such as demand and supply, historical price movements, and specific developments in the ecosystems of SHIB and XRP to formulate price projections.
This approach allows for an overview of the growth potential and risks. Thus helping investors make informed decisions in a market known for its volatility.
If the AI forecasts were to materialize, both SHIB and XRP could approach new highs. However, in the context of cryptocurrencies, uncertainty remains high, influenced by external factors such as regulations and sudden market movements.
SHIB, thanks to the constant expansion of the ecosystem and the commitment towards decentralization, could become a “meme” coin of greater value and utility, confirming itself as a long-term asset for investors.
On the other hand, XRP is increasingly seen as a transitional asset between the traditional financial world and that of cryptocurrencies.
The growing institutional confidence, along with developments in regulated financial markets, could lead Ripple to gain further ground in the international payments sector.
Making the token a strategic choice for those seeking stability and innovation.
