XRP touched ~$3.40… and now people are calling it dead. But is it really over—or is this just a calm before the next breakout? Let’s talk facts, not FUD.
Back in late 2024, #xrp pumped from $0.50 to over ~$3.40—fueled by hype, Ripple’s favorable legal momentum, and Trump’s pro-crypto election win. The buzz was unreal. But now? We’re back under $2.40, and the crowd is shouting “dead coin.”
So, what actually happened?
After that massive run-up, early buyers took profit. It's normal. When something 5–6x’s, people cash out. On top of that, the entire market cooled down—Bitcoin slipped, altcoins followed, and XRP was no exception.
Then comes the sentiment. As legal updates slowed and whales started dumping or shorting, retail confidence faded. Address activity dropped, on-chain data weakened, and XRP couldn’t reclaim $3+. Meanwhile, technical charts showed bearish patterns, and traders lost interest.
Whales are allegedly selling OTC or suppressing breakouts. Futures volume dropped by billions. The hype simply died out… for now.
But is XRP really dead?
Not quite. It’s holding the $2 zone, showing resilience while the whole market faces headwinds. If Ripple scales adoption or utility strengthens, $XRP still has life. But without a strong catalyst, don’t expect fireworks just yet.
Bottom line: It’s not dead—but it’s definitely sleeping. Whether it wakes up to break $4+ again depends on the next wave of utility, demand, and market sentiment.