Dubai-based media personality Sheikhah Alya has announced the sale of her entire XRP holdings to invest in Shiba Inu (SHIB) amid a market recovery. The decision comes after a significant market downturn on February 5, which saw XRP's price drop to $1.13 and SHIB to $0.000005587. Both tokens have since rebounded, with XRP now at $1.44 and SHIB at $0.000006159.
Alya's move has sparked debate over portfolio strategies, with some praising her decision while others criticize it as risky. Despite the lack of transaction proof, Alya remains bullish on SHIB, predicting a potential short-term surge. Her decision reflects a shift from a utility-focused asset to a high-volatility meme coin, highlighting the speculative nature of current market conditions.
Dubai Investor Sheikhah Alya Swaps XRP for Shiba Inu Amid Market Rally
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