$XRP price history is a cycle of sharp spikes followed by deep retracements - 2018, 2021, 2023 all tell the same story. The core issue is utility: $XRP was designed for cross-border payments, but stablecoins like USDC and USDT now dominate the space, allowing banks to move value without touching $XRP
Ripple still holds and sells a large share of supply, adding consistent sell pressure..
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