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Dubai Investor Dumps All XRP Holdings for Shiba Inu

source-logo  thecryptobasic.com  + 1 more 12 h
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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.

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.

$SHIB is going to print the largest green candle in the crypto history, hands down. 🚀🚀🚀 pic.twitter.com/xeZQFe1mJc

— Sheikhah Alya 🇦🇪 الشيخة آلية ويب٣ (@SheikhahAlya) January 12, 2026

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.

thecryptobasic.com

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