Shiba Inu Risks Losing Top-30 Spot Amid Growing Demand for Privacy Cryptocurrencies

The cryptocurrency market is constantly evolving, with new players entering the scene and old favorites facing challenges. One such example is Shiba Inu (SHIB), which has been struggling to maintain its position in the top-30 cryptocurrencies by market capitalization.

According to recent data from Santiment, XRP's average trading returns have fallen to -47%, creating an undervalued zone that has historically preceded strong rebounds. This extreme MVRV reading suggests that fear and frustration among traders have reached rare extremes, potentially leading to a strong recovery in the coming days.

Despite this negative trend, patient investors remain optimistic about regulatory progress and Ripple's long-term adoption narrative. The Fix amendment in XRP Ledger version 3.1.3 has just been activated, which is expected to improve the overall user experience on the platform.