Dubai Investor Dumps All XRP Holdings for Shiba Inu

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

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.

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.