XRP Tanks—Again. Can the ’Bankers’ Crypto’ Still Hit $5?
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Another red day for Ripple’s embattled token as SEC shadows loom and whales dump holdings. Market watchers cite ’regulatory fatigue’—traders are fleeing to greener pastures.
But true believers point to ODL adoption ticking up. ’Fundamentals are stronger than ever,’ claims one anonymous XRP army lieutenant. Sure—just ignore the derivatives market bleeding out.
Targets still call for $5 by EOY. Requires a 10x surge from current levels. Possible? Technically. Probable? Ask the hedge fund manager who just shorted it to oblivion.
Bonus cynicism: If you believe in ’institutional adoption,’ we’ve got a bridge in Brooklyn to sell you—financed via XRP, naturally.
After going up 5% in a week and over 21% in the last 15 days, the XRP is now crashing again. The coin was trading at $2.41, down by 4.75% in the last 24 hours, as per Read More
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