Bitcoin (BTC) Price Decline, Shiba Inu (SHIB) Advancements, Ripple (XRP) Price Predictions: Bits Recap May 2

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Shiba Inu saw its price fall by 13% over the week, despite advancements in its ecosystem and a significant increase in its token burn rate, aimed at reducing supply.

Ripple’s XRP maintained relative stability in a turbulent market, with analysts predicting substantial future price increases based on strong technical signals.negative exchange netflow in the past week, the Market Value to Realized Value metric which has experienced a downfall, and the rising open interest weighted funding rate.resurgence for the asset and the entire cryptocurrency market.

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Source: Digital Coin News (digitalcoinnews.net)

 

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