So, Ripple (thatâs XRP to those in the know, or those desperately trying to appear in the know) is having a bit of a moment. Or rather, itâs trying to have a moment. Analysts are all chirpy, there’s ETF excitement⊠and yet, the price is doing a fairly spectacular impression of a dropped soufflĂ©. Down, down, down it goes. On a weekly basis, itâs not pretty. It’s like watching a promising career path devolve into competitive thumb-wrestling. đ
We’re here to unpack this, because frankly, it’s baffling. Let’s dive into the latest happenings around this cross-border token and the company that birthed it, Ripple Labs.
Which ETF Comes Next? (Hold Your Breath)
Last week saw the arrival of the first US spot XRP ETF – XRPC, courtesy of Canary Capital. A whopping $60 million traded on its debut day. Sixty million! Which, in crypto terms, is either a mountain of cash or a drop in the ocean, depending on who you ask.đ The ETF queue is apparently growing, with everyone watching to see who’s next. Eric Balchunas, the ETF guru at Bloomberg, suggests Bitwise might be up, thanks to the SEC apparently loosening the reins a tad.
But the âXRP Armyâ – a truly dedicated bunch, bless them – have their own ideas. One X user, mysteriously named STEPH IS CRYPTO, confidently predicted Franklin Templetonâs ETF would go live today. (November 18th, for the record. Letâs check back on this, shall we? đ§)
The idea behind these ETFs is to make things simpler for the slightly less adventurous among us. You want XRP exposure? Fine, but you’d rather not actually, you know, hold the XRP? An ETF is your answer. Analysts suggest this could stir up more interest and, theoretically, even push the price upwards. A lot of theory going on here, isn’t there?
XRP Price Outlook (Otherwise Known as “The Ouch”)
Despite all this ETF optimism, XRP has been walloping the floor, shedding a rather alarming 15% of its value this past week. Itâs currently bobbing around the $2.16 mark, according to CoinGecko-which, letâs be honest, is a relief it didn’t go much lower. This happened, coincidentally, during a wider crypto stumble, with Bitcoin having a little wobble itself, dipping below $95,000. It’s as if the whole market decided to take a synchronized nap.đŽ
Ali Martinez, a Twitter (or X, or whatever itâs called now) guru, says $2.15 is the âline in the sand.â If it holds, maybe weâll see a bounce to $2.40-$2.70. If it doesn’t… well, letâs not think about that. Letâs just appreciate the tenuous hope.
Whales Continue to Sell (Someone’s Having a Fire Sale)
Adding to the gloom, the âwhalesâ – those investors with pockets so deep they could probably buy a small island – have been offloading their XRP. A staggering 1.4 billion tokens in a month! Then another 200 million over 48 hours. Thatâs a lot of XRP. Itâs simple economics, really: more supply, potentially less demand, and⊠you guessed it⊠a price decline. Plus, it tends to make everyone else a little nervous. đŹ
Scam Warnings (Don’t Fall For It!)
And because things werenât already chaotic enough, scammers are having a field day. Fake livestreams, bogus giveaways, deepfake videos⊠theyâre all over the Ripple community. Theyâre dangling promises of riches, naturally, and hoping youâll send them your hard-earned crypto. Ripple is, quite understandably, furious. They’re reminding everyone that theyâll never ask for your wallet details or to join investment schemes. Just a general tip: if it sounds too good to be true, it almost certainly is. Especially in the world of cryptocurrency.
Theyâve also noticed a surge in fake âliveâ videos of their recent Swell conference popping up on YouTube. Apparently, criminals leap at any opportunity. Itâs a reminder to always double-check things, folks – even if a video looks official.đ§
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2025-11-18 09:21