Dubai Investor Sells XRP for Shiba Inu Amid Market Recovery

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Dubai-based media figure Sheikhah Alya sold her XRP to buy Shiba Inu (SHIB) as investor sentiment shifts amid a crypto market rebound. The move followed a sharp drop on February 5, with XRP up 27.43% to $1.44 and SHIB up 10.34% to $0.000006159. Alya did not confirm the trade, and critics argue XRP suits long-term strategies better. Both tokens remain lower on the year.

Dubai-based media personality Sheikhah Alya has disclosed that she sold all her XRP holdings to increase her exposure to Shiba Inu.

The move follows the ongoing relief rally in the crypto market after a devastating collapse the previous week. Meanwhile, the decision to sell XRP for SHIB has sparked fresh debate about portfolio rotation and risk management.

Key Points

  • Crypto commentator Sheikhah Alya revealed she sold all her XRP holdings to buy more SHIB.
  • Notably, Alya did not provide proof of the transaction.
  • Critics argued that switching from SHIB to XRP would better suit long-term investment strategies.
  • The portfolio shift followed a major market sell-off on February 5 that hit both tokens hard.

Pundit Sells All XRP Holdings for Shiba Inu

In a brief X post over the weekend, Alya said she exited her entire XRP position and reallocated the funds into SHIB. While she offered no explanations or transaction proof, the decision signals a shift from a large-cap, utility-focused asset to a high-volatility meme coin.

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By switching from XRP to SHIB, Alya appears to be targeting a potential short-term price surge rather than long-term, fundamentals-based growth. Such strategies are common during volatile market phases, as traders chase assets capable of delivering outsized gains. Meanwhile, though they also carry heightened downside risk given SHIB’s sharp price swings.

Mixed Reactions

Reactions from the community have been mixed. Some followers praised the decision, while others criticized it as poorly timed, arguing that selling SHIB for XRP would better align with long-term prospects.

Notably, XRP is an asset closely tied to cross-border payments and has gained institutional adoption and regulatory clarity. However, SHIB remains largely a meme coin, driven by community sentiment, viral trends, and hype cycles.

Alya’s announcement follows one of the sharpest crypto market downturns in recent times. On February 5, XRP’s price plunged to around $1.13, while SHIB sank to $0.000005587.

However, both tokens have since rebounded strongly. XRP now trades at $1.44, reflecting a 27.43% recovery, while SHIB has climbed to $0.000006159, posting a 10.34% gain. Nonetheless, SHIB remains down 10.7% year-to-date, while XRP has recorded a steeper 21.5% drop over the same period.

Alya’s Conviction in SHIB

While Alya did not explain the rationale behind her portfolio shift, she has remained notably bullish on SHIB in recent weeks.

In early January, she predicted that the next three to six weeks would be “life-changing” for many Shiba Inu investors, arguing that SHIB was poised for an explosive rally. In a follow-up post, she went further, asserting that SHIB would print the largest green candle in crypto history.

Essentially, her decision to sell XRP in favor of SHIB suggests she may be positioning ahead of what she believes could be a historic surge.

Although SHIB delivered a spectacular run in its early days, it has yet to replicate its 2021 surge. Skeptics suggest that SHIB will not see any major breakout due to its massive supply, which stands at around 590 trillion.

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