XRP just faced a major market shake-up, with $100 billion in market cap erased in 24 hours. Here’s the full breakdown so you can separate the noise from the facts.
💥 1. What Just Happened
XRP’s market cap plunged by $100B after a wave of large-scale sell-offs.
This wasn’t one big whale — multiple high-volume wallets offloaded XRP, likely locking in profits from recent gains.
Panic selling and short-term trading intensified the drop, triggering extreme volatility.
⚠️ 2. Why the Drop Happened
Macro pressures: U.S. inflation data and Fed comments cooled investor appetite for risk assets.
Profit-taking: XRP neared a key resistance zone, prompting early investors to cash out.
Altcoin correction: Bitcoin’s sideways action spilled over into altcoins, adding pressure.
📊 3. Market Outlook
Short-term: Volatility could persist if large holders keep selling.
Medium-term: Key support is holding near $0.58–$0.60. A rebound is possible if selling slows.
Long-term: Ripple’s legal clarity and institutional traction remain strong bullish factors.
✅ 4. Smart Moves for XRP Holders
Stay calm — Don’t react emotionally to headlines.
Rely on credible sources — Follow Ripple’s official updates and established crypto news outlets.
Stick to your plan — Use pre-set targets and stop-losses to manage risk.
Yes, a $100B wipeout sounds dramatic — but in crypto, corrections are part of the game. History shows that disciplined, informed investors often come out stronger after these shakeouts.
