Ripple IPO Postponed 12 Years: XRP at Risk, Shiba Inu Set for Price Squeeze!

TL;DR

• Ripple IPO Delayed: SBI Holdings projects a 12-year timeline for Ripple’s IPO, creating mixed sentiment, though secondary market shares are up 376%.
• Stellar & MoneyGram Launch Stablecoin: MoneyGram deployed MGUSD on the Stellar blockchain to directly challenge Ripple’s RLUSD and PayPal in cross-border settlements.
• Shiba Inu (SHIB) Supply Shock: SHIB exchange reserves dropped to a multi-year low of 80.03 trillion, creating an order book vacuum that could trigger a price squeeze toward $0.00000973.
• Key Macro Events This Week: Traders are bracing for high volatility with upcoming US ISM Services PMI data, Friday’s Non-Farm Payrolls (NFP) report, and Fed’s Beige Book.

12 years before IPO: SBI forecast splits Ripple and XRP market

As a researcher following SBI Holdings, I recently learned from CEO Yoshitaka Kitao that the company remains deeply committed to Ripple. In a YouTube interview, he stated SBI is prepared to invest between 80 billion and 150 billion Japanese Yen (roughly $626 million to $1.25 billion) in Ripple Labs stock when the company eventually goes public. However, Kitao anticipates that IPO could still be around 12 years away.

The potential for this development caused discussion within the XRP community. Some investors are worried it might halt future growth, while others highlight Ripple’s strong financial position as a reason for optimism.

Company leaders are thinking about the future, but recent activity in the market suggests people aren’t willing to wait twelve years to see results.

As a researcher following Ripple, I’ve observed a significant jump in their share price – it’s up 376% to a high of $136.90, fueled by anticipation of a potential public offering. This increase is also supported by the company’s recent decision to buy back $750 million in shares. This buyback effectively values Ripple at $50 billion, which is 25% higher than their valuation in November when they received funding from investors like Citadel and Pantera Capital.

SHIB trapped near the bottom: Empty order books prepare squeeze to $0.00000973?

By early June 2026, Shiba Inu (SHIB) experienced a significant drop in price fluctuations, trading within a very tight range around $0.00000544, which represented a 1.45% decrease. According to TradingView data, this current period of stability is happening just above a key support level between $0.00000504 and $0.00000499.

The extreme narrowing of Bollinger Bands at this point signals an imminent breakout from the range.

As a researcher, I’m seeing a key factor that could really drive up the price: there’s almost nothing in the order books above the current price. The Volume Profile indicator is showing what I call an ‘air pocket’ – practically no large sell orders are waiting up to $0.00000973. This means even a small increase in buying, or if traders are forced to cover their short positions, could send the price climbing quickly, as there’s very little to stop it.

From my analysis, we’re seeing a potential technical bounce, and the weekly RSI currently sitting between 36.50 and 37.09 suggests the asset is deeply oversold. What’s also interesting is that exchange reserves are at a multi-year low – around 80.03 trillion SHIB – meaning there’s less supply available for sellers to drive the price lower. This combination of oversold conditions and dwindling reserves could fuel a short-term recovery.

If buying interest increases, the price could quickly rise, potentially reaching $0.00000680 in the short term. A more significant price increase could then test the main resistance level around $0.00000973.

MoneyGram and Stellar launch MGUSD to fight Ripple and PayPal

MoneyGram has launched its own digital currency, called MGUSD, built on the Stellar blockchain. This move signals a clear break from its previous partnership with Ripple and the cryptocurrency XRP.

MoneyGram is now challenging Ripple’s RLUSD stablecoin, which is already worth $1.7 billion. The new token is created using Stripe’s Bridge platform, its operations are managed by M0, and Fireblocks ensures its security.

MoneyGram has added a new digital wallet directly into its app, giving its 60 million users more control over their funds. They’re starting with a test launch in the United States, and plan to expand worldwide using their network of 500,000 locations where customers can easily add and withdraw cash.

MoneyGram and Stellar are joining a competitive market already led by major players like PayPal and Western Union. They’re competing for a share of the cross-border payments industry, which Citi predicts will be worth $4 trillion by 2030.

What sets MoneyGram apart is its huge network of physical locations. This allows people to quickly and affordably convert digital money into cash, often more efficiently than traditional banks.

Crypto market outlook: How and why BTC lost the $70,000 level

When peace negotiations in the Middle East fell apart, hopes for lower oil prices diminished. This caused investors to sell off riskier assets, including Bitcoin, which dropped below a key price level. As a result, the market sentiment indicator, the Fear and Greed Index, plummeted to 23, indicating “Extreme Fear.”

Money is currently flowing into traditional currencies, and several important economic reports are scheduled to be released soon.

Key checkpoints:

• Bitcoin price: BTC faced aggressive selling pressure, falling 45% from its all-time high to the liquid pocket of $69,000 to $70,000. The decline is being fueled by the first sale from MicroStrategy in 3.5 years, 32 BTC at $77,000, and the movement of Mt. Gox wallets worth $731 million.
• Divergence in ETF capital flows: The institutional narrative is aggressively moving from BTC toward altcoins. The 10-day outflow streak from Bitcoin ETFs reached $3.45 billion, and $6.6 billion cumulatively over three quarters, while XRP showed its strongest impulse in a year with a weekly inflow of $60.5 million, and Solana (SOL) attracted $4.13 million in net inflows on June 1 despite the broader market sell-off.
• Macroeconomic triggers on June 3 and June 5: The market is digesting systemic stagflation threats starting Wednesday, when the Fed Beige Book and the ISM Services PMI are set to be released. 
• The main volatility catalyst is expected on Friday with the publication of the May unemployment report and Non-Farm Payrolls. With Brent oil rising above $94 because of geopolitical risks, any signs of an overheated labor market will freeze expectations for a Fed rate cut and increase pressure on crypto order books.

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2026-06-02 16:09