Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Bitcoin Updates: Rising Privacy Concerns Propel Monero Ahead of Shiba Inu in Market Trends

Bitcoin Updates: Rising Privacy Concerns Propel Monero Ahead of Shiba Inu in Market Trends

Bitget-RWA2025/10/26 16:36
By:Bitget-RWA

- Monero (XMR) surpasses Shiba Inu (SHIB) in market cap as privacy demand drives 8.22% price rise to $331.52. - Shiba Inu emphasizes long-term utility amid phishing threats and 1,224.3% 24-hour token burn surge to reduce supply. - Institutional crypto ETF filings and Bitcoin's $160k 2025 forecast highlight evolving market dynamics and regulatory challenges. - SHIB faces 10% whale selling in 30 days while burn metrics volatility underscores broader crypto market fragmentation.

The

(SHIB) community is prioritizing lasting value and practical use rather than focusing on short-term price swings, as the token faces a volatile market filled with phishing scams, a surge in token burns, and a shift in investor interest toward privacy-centric cryptocurrencies. Although SHIB’s market capitalization stands at $5.87 billion—just behind Monero (XMR) at $6.11 billion—the project’s leaders are urging holders to remain patient, pointing to the project’s structural strengths amid changing industry dynamics.

Bitcoin Updates: Rising Privacy Concerns Propel Monero Ahead of Shiba Inu in Market Trends image 0

Monero recently climbed 8.22% to $331.52,

, moving it to 21st place on CoinMarketCap and overtaking Shiba Inu for the first time since its inception. This development highlights a wider trend of capital flowing into privacy coins, which provide both fungibility and confidential transactions. Monero’s daily trading volume reached $210 million, surpassing SHIB’s $181 million, indicating a rising appetite for tokens with real-world utility. Analysts such as Mert from Solana’s Helius maintain that privacy is “essential” for widespread adoption, and they foresee continued momentum for privacy-focused tokens like Monero, even in the face of regulatory scrutiny.

At the same time, Shiba Inu is dealing with its own set of issues. The project

about a phishing scheme impersonating official channels, where scammers attempt to trick users into linking their wallets to fraudulent websites. The Shiba Inu team stressed that .io is the only legitimate platform for ecosystem activities, advising the community to report any suspicious links and to revoke token permissions using services like revoke.cash.

Despite these threats, Shiba Inu’s token burn activity has soared, helping to offset market instability. According to Shibburn, there was a

in tokens burned within a single day, eliminating 920,761 SHIB from circulation. Some sources mention an , illustrating the unpredictable nature of burn statistics, which are influenced by low starting points and community-led supply reduction efforts. Over the last week, 229 million SHIB tokens have been destroyed, marking a 1,290.42% increase. These deflationary actions are intended to boost scarcity, though SHIB’s price remains under $0.000010, mirroring overall market weakness.

The larger crypto landscape is also undergoing changes. Established asset managers are entering the sector, with

for an actively managed crypto ETF that would include assets such as SHIB, , and . This initiative, from a $1.8 trillion investment firm, reflects the growing acceptance of digital assets among institutions. However, the SEC is currently facing a backlog of over 155 ETF applications—including those for XRP and Solana—due to the ongoing U.S. government shutdown.

Bitcoin’s performance continues to capture attention, with some analysts predicting that

. Bull Theory suggests that even a 0.2% shift of global assets into crypto could channel $93.8 billion into Bitcoin, using its liquidity multiplier to drive up its market cap. This positive outlook is supported by institutional investments exceeding $100 billion and reduced volatility, narrowing the gap between Bitcoin and traditional safe-haven assets like gold.

For Shiba Inu, future progress will depend on balancing community-led strategies with broader economic challenges. While increased burn rates and upgrades such as Shibarium’s plasma bridge are designed to support value, the project still faces issues like large holders selling and stagnant total value locked (TVL). In the past month, savvy investors have

in 30 days, reducing their stake to 46.8 billion tokens.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Bitcoin News Update: Large Holders Gain as Small Investors Withdraw, Indicating a Potential Market Turnaround

- Bitcoin whales regained profitability as BTC surged past $112,788, surpassing their average acquisition costs per on-chain metrics. - Retail investors sold during volatility while whales strategically accumulated Bitcoin, signaling potential market reversal dynamics. - Institutional confidence grows with $90.6M ETF inflows and 26% supply controlled by large holders, despite $920M short contracts near $112,310 resistance. - Bullish fundamentals persist as Bitcoin approaches $2.22T market cap, but whale ac

Bitget-RWA2025/10/28 13:56
Bitcoin News Update: Large Holders Gain as Small Investors Withdraw, Indicating a Potential Market Turnaround

Passive Stocks Become Dynamic: DeFi Brings Yield Opportunities to Conventional Equities

- Falcon Finance partners with Backed Finance to integrate tokenized equities (e.g., Tesla, Nvidia) as collateral for minting USDf, a synthetic dollar. - xStocks, fully backed by regulated custodied assets, enable real ownership in traditional stocks while operating as transferable blockchain tokens. - Chainlink oracles ensure real-time price tracking, while USDf's $2.1B supply highlights demand for hybrid DeFi-traditional finance solutions. - The collaboration activates $12B passive RWA market by leveragi

Bitget-RWA2025/10/28 13:56
Passive Stocks Become Dynamic: DeFi Brings Yield Opportunities to Conventional Equities

Etherlink Facilitates High-Level Institutional Lending Through Collaboration with Oku and Morpho

- Oku integrates Morpho Protocol on Etherlink (Tezos Layer 2) to enable institutional-grade lending/borrowing with self-custody and real-time analytics. - The partnership combines Morpho's P2P lending architecture with Etherlink's low-cost transactions and Uniswap v3 liquidity to serve retail and institutional users. - MEV Capital launches first curated vault on Etherlink, allowing USDC lending against yield-bearing tokens with institutional risk management and diversified strategies. - Etherlink's EVM com

Bitget-RWA2025/10/28 13:38
Etherlink Facilitates High-Level Institutional Lending Through Collaboration with Oku and Morpho