Bullish Ripple (XRP) Price Predictions, Upcoming Shiba Inu (SHIB) Developments and More – Bit Summary January 14

TL;DR

Ripples (XRP) price rebounds to $2.53 after recent volatility, with analysts predicting further growth fueled by Donald Trump’s inauguration, SEC leadership changes and stablecoin launch from Ripple. Shiba Inu’s TREAT token goes live today, with major exchanges like KuCoin and Gate.io offering airdrops to incentivize user participation within the ecosystem. Bitcoin (BTC) bounced back from a dip below $90,000 to near $95,000, with industry leaders predicting a strong push for the cryptocurrency in 2025. XRP price explosion underway?

Ripple’s XRP went through enhanced turbulence in the past few days. Over the weekend, its price rose to nearly $2.60, but the start of the work week offered pain for the bulls. On January 13, XRP followed the broader decline in the cryptocurrency market and fell below $2.40. The last 24 hours, however, witnessed a substantial resurgence and the asset is currently worth $2.53 (according to CoinGecko data).

XRP Price, Source: CoinGecko

According to many industry participants, XRP has much more room for growth in the near future due to a few key factors. Some of these include the inauguration of Donald Trump as the 47th President of the United States and the resignation of SEC Chairman Gary Gensler. The Republican has shown a pro-crypto stance during his presidential campaign, while the leader of the agency is considered a big enemy of the digital asset sector.

“XRP will make a big move on January 20th due to Trump’s inauguration and Gary Gensler’s resignation,” a popular X user predicted.

Other market watchers predicting an incoming price bomb include CRYPTOWZRD and WSB Trader Rocko. The former stated that XRP has “reversed previous resistance to support” around $2 and is now poised to jump to a new all-time high of $4 and then $8. They said this scenario would mimic the pre-bull run in 2017 and the subsequent rally the following year.

For his part, WSB Trader Rocko referred to the XRP price chart as “the most bullish in crypto.” According to them, Ripple’s recent introduction of its stablecoin (RLUSD) and the company’s possible connections to the future administration of Donald Trump could push the token to new highs.

TREATISE on the Way

Shiba Inu has recently taken center stage due to a major development related to its ecosystem. As previously reported by CryptoPotato, the TREAT meme coin (which is designed to improve utility and engagement between projects on the network) is scheduled to go live today (January 14).

Major cryptocurrency exchanges that have already adopted the token include KuCoin, Gate.io, Bitget, MEXC Exchange and others. Some of them have even announced special releases to users.

Gate.io has pledged to distribute 1,000,000 TREAT, KuCoin will release 3,000,000 coins, while Bitget users will distribute 87,450,000 tokens.

Those wishing to apply for the offer must create an account on the aforementioned platforms. They must then visit the official Shiba Inu website, provide a user ID and deposit the designated address. Once these details are submitted, the accounts will be whitelisted and “ready to receive TREAT tokens”.

BTC Price Outlook

Last but not least, we will focus on the main cryptocurrency, whose price changes have been more than evident lately. BTC started the week trading at around $95,000. Soon after, however, bears suppressed the valuation below $90,000, the lowest point seen in two months.

However, the bulls have regained much of the lost ground in recent hours, with BTC currently trading south of $95,000.

BTC Price, Source: CoinGecko

The resurgence in prices coincides with some optimistic forecasts from industry participants. Bitwise CEO Hunter Horsley said 2025 could be the year for Bitcoin and crypto, which has “so many headwinds and so few headwinds.”

Those who want to explore additional price predictions and see if now is a good time to jump on the bandwagon as investors can watch our dedicated video below:

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