XRP’s Price Struggles As Circulating Supply Expands

35m ago•

Cointribune

bullish:

0

bearish:

0

Share

The scene illustrates XRP's struggle to regain its January 2018 all-time high, with its price remaining 62.5% below that peak. In the foreground, several traders anxiously observe screens displaying bearish charts. Their expressions reflect the frustration and uncertainty among investors. On the right, an immense mountain symbolizes XRP's all-time high, represented by a glowing coin. Further down, a second coin illustrates its current level. The descending arrow and the figure -62.5% materialize this considerable gap. Overall, it highlights the long road ahead to recover that past valuation.

XRP is trading around 1.33 dollars, 62.5% below its January 2018 peak, while Bitcoin and Ether have largely surpassed their levels from that time. This underperformance does not mean that all its holders have lost money: it mainly concerns those who bought close to the peaks, while the increase in supply has diluted the value represented by each token.

L’article XRP’s Price Struggles As Circulating Supply Expands est apparu en premier sur Cointribune.

35m ago•

Cointribune

bullish:

0

bearish:

0

Share

Bitcoin

XRP

Manage all your crypto, NFT and DeFi from one place

Securely connect the portfolio you’re using to start.

Where will Bitcoin trade next?

Live Polymarket and Kalshi odds on Bitcoin price targets, compared side by side.

See Bitcoin price odds