Here’s your U.Today rundown of the top three crypto news stories making headlines over the last day.

Could Shiba Inu Skyrocket 50%? Key 549 Trillion SHIB Test in Focus

Shiba Inu is at a crucial juncture, facing what analysts are calling a significant supply test that could dictate its next major price swing. According to data from IntoTheBlock, a massive 549 trillion SHIB tokens are currently concentrated within the price range of $0.000014 to $0.000019. Breaking through this level could potentially trigger a powerful 50% price jump. However, history shows this zone acts as a tough ceiling, often stopping any significant upward momentum. For SHIB to truly take off, it needs to conquer this supply hurdle with strong buying pressure. As of press time, Shiba Inu is trading at $0.00001279, showing a nearly 3% increase in the last 24 hours, according to CoinMarketCap. If SHIB can successfully breach this 549 trillion token resistance wall, it could realistically aim for the $0.000019 upper limit of the resistance zone, marking that impressive 50% climb from its current value.

Ripple (XRP) Faces More Pressure as SEC Lawsuit Uncertainty Lingers, Says Bill Morgan

The ongoing saga of the Ripple-SEC lawsuit continues to cast a long shadow over the XRP market, fueling price volatility since the start of the year. Pro-crypto legal expert Bill Morgan believes that the unresolved nature of this legal battle could keep weighing down XRP’s price. In a recent post on X, Morgan stated that “the persistent uncertainty surrounding the SEC v Ripple appeal – whether it will end or continue – will increasingly put downward pressure on XRP’s price.” Currently, XRP is priced at $2.54, reflecting a healthy 13.16% rise in the past 24 hours. Despite this positive movement, many in the crypto community feel XRP is still trading below its potential. In fact, some experts even argue that XRP could be positioned as the second-largest cryptocurrency if it weren’t for the drag of the lawsuit. With anticipation building for a potential resolution, the XRP community is eager to see just how high XRP can fly. However, caution remains, with some analysts suggesting that any rally sparked by lawsuit developments might be short-lived.

Michael Saylor’s Strategy Announces Fresh Fundraising Round to Boost Bitcoin Holdings

Just yesterday, March 18th, Michael Saylor, the visionary founder of Strategy (formerly MicroStrategy), announced on X that his company is kicking off a new stock offering to raise capital specifically for buying even more Bitcoin. This initiative is branded as “Strife” (STRF). The offering is open to both large institutional investors and selected individual investors. Strategy has officially registered this public offering under the Securities Act of 1933, which involves 5,000,000 shares of its Series A Perpetual Strife Preferred Stock. The company plans to use the funds raised primarily for general operational needs, but a significant portion is earmarked for further Bitcoin acquisitions, adding to their already substantial crypto portfolio. Adding to its appeal, Strategy will also distribute cumulative dividends on STRF stocks at a fixed annual rate of 10.00%, paid out quarterly, starting June 30th of this year.