3 Cryptos to consider buying for Christmas rally – XRP, Shiba Inu, Pepe Unchained

December begins with investor optimism for gains. Notable tokens to watch: XRP, Shiba Inu, and Pepe Unchained.

December is here, and investors are hoping for a big month of festive gains.

Right now, three of the best tokens to buy are XRP, Shiba Inu, and Pepe Unchained. Let’s take a look at each.

XRP

XRP has just surpassed USDT to become the third-largest cryptocurrency, leading the market alongside Bitcoin and Ethereum. The project has enjoyed a meteoric rise this month, soaring 366%. 

This has happened following SEC Chair Gary Gensler’s recent announcement that he’ll be stepping down from his position on 20 January – the same day Trump is inaugurated. 

The SEC has been in a long-standing legal fight against XRP’s founder, Ripple Labs, but Gensler’s resignation marks an end to the crusade.

XRP is currently trading at $2.38, up 27% today and 62% this week. This puts its market cap at $130 billion. 

Its current all-time high (ATH) is $3.84, which was hit in 2018. Due to its SEC lawsuit, it was unable to create a new ATH in the 2021 bull market, but with that out of the way, new highs could be imminent.

Shiba Inu

Shiba Inu is another large-cap crypto that could be on the brink of a macro-time-frame breakout.

Last week, Dogecoin reached heights not seen since 2021, adding $40 billion to its market cap in a seven-day window. But now, Dogecoin is slowing, and Shiba Inu is displaying the most momentum.

To benchmark how explosive things could get for SHIB, DOGE is up 167% in the past month.

SHIB is currently at a 70% premium but is now showing strengthpace. While DOGE has risen 2.5% this week, SHIB is up 16.9%. This indicates a potential paradigm shift which could see SHIB lead the next rally.

Adding to this, Shiba Inu is an Ethereum-native meme coin, and Ethereum also shows strength. After two years of underperforming Bitcoin, ETH started gaining pace, pumping 9.2% this week while Bitcoin is down 1%.

This rising liquidity of the Ethereum ecosystem will undoubtedly bolster SHIB’s ongoing rally.

Pepe Unchained

Pepe Unchained is another crypto benefiting from Ethereum’s rising tide. It’s an Ethereum layer 2 blockchain focused on meme coins. The project offers a heightened user experience, with 100x faster speeds and much lower fees than the main network.

It has all the features you’d expect from a top blockchain and more. This includes staking, a block explorer, a dedicated Ethereum bridge, and a decentralized exchange.

But the feature causing the biggest buzz is Pepe Pump Pad, a meme coin generator similar to Solana’s Pump.fun.

This allows anyone to launch a meme coin at a marginal cost without coding. As such, the Pepe Unchained ecosystem could grow rapidly, fueled by a diverse set of meme coins created by everyday users.

The project is currently undergoing a presale, which has raised $63 million so far. However, the Pepe Unchained ICO is set to end in 11 days, and then $PEPU will list on tier-1 exchanges.