{"id":61159,"date":"2025-12-01T07:32:04","date_gmt":"2025-12-01T07:32:04","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=61159"},"modified":"2025-12-01T07:32:04","modified_gmt":"2025-12-01T07:32:04","slug":"is-this-why-ripples-xrp-dropped-to-2-today","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=61159","title":{"rendered":"Is This Why Ripple\u2019s XRP Dropped to $2 Today?"},"content":{"rendered":"<div>\n<p>Another month has started on a similar note as the previous, with the cryptocurrency market bleeding heavily, and nearly $200 billion leaving the space in less than 12 hours.<\/p>\n<p>There seems to be no actual catalysts behind the latest crash, aside from over-leveraged market participants. Nevertheless, some altcoins have been hit worse than others, such as Ripple\u2019s XRP.<\/p>\n<p>While ETH is down by less than 6% daily and BNB has slipped by 5%, XRP has dropped by 7% and dipped to $2 earlier today on most exchanges. As a result, the cross-border token has dipped to a major buy wall serving as a support that managed to hold its free falls in the past.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">The buy wall for <a href=\"https:\/\/twitter.com\/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$XRP<\/a> exist since $2 <a href=\"https:\/\/t.co\/wSe6hOFF8e\">pic.twitter.com\/wSe6hOFF8e<\/a><\/p>\n<p>\u2014 CW (@CW8900) <a href=\"https:\/\/twitter.com\/CW8900\/status\/1995379853760266570?ref_src=twsrc%5Etfw\">December 1, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Interestingly, today\u2019s price decline follows similar movements when spot XRP ETFs were supposed to launch. Recall that the underlying asset plunged after the first such product, <a href=\"https:\/\/cryptopotato.com\/canarys-xrp-etf-xrpc-launch-successful-heres-what-happened-on-day-1\/\">released<\/a> by Canary Capital, hit the US markets in mid-November despite its record-breaking debut day.<\/p>\n<p>Bitwise\u2019s XRP was also impressive on day one, but the token plunged once again, albeit in line with the rest of the cryptocurrency market.<\/p>\n<p>Consequently, many speculate whether today\u2019s expected launch of 21Shares\u2019 spot XRP ETF, which will track the CME CF XRP-Dollar Reference Rate, is another classic sell-the-news event.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">They have to try and ruin every XRP ETF launch day <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f923.png\" alt=\"\ud83e\udd23\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f923.png\" alt=\"\ud83e\udd23\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <a href=\"https:\/\/t.co\/1QGcpe2Mcw\">pic.twitter.com\/1QGcpe2Mcw<\/a><\/p>\n<p>\u2014 Cobb (@Cobb_XRPL) <a href=\"https:\/\/twitter.com\/Cobb_XRPL\/status\/1995294797674975495?ref_src=twsrc%5Etfw\">December 1, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The four XRP ETFs already live for trading have attracted over $660 million in total net inflows since the first one launched a few weeks ago. XRPC remains the biggest of the bunch, with more than $340 million in cumulative netflows, followed by Bitwise\u2019s XRP, Franklin\u2019s XRPZ, and Grayscale\u2019s GXRP.<\/p>\n<p>The drop to $2.04 as of press time means XRP trades further in the red on the YTD scale, having entered 2025 at $2.32. This sort of performance is in stark contrast to the year the company behind the token had, which is arguably its <a href=\"https:\/\/cryptopotato.com\/ripples-best-year-ever-so-why-is-xrp-still-down-ytd\/\">best ever<\/a>.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/is-this-why-ripples-xrp-dropped-to-2-today\/\">Is This Why Ripple\u2019s XRP Dropped to $2 Today?<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Another month has started on a similar note as the previous, with the cryptocurrency market bleeding heavily, and nearly $200 billion leaving the space in less than 12 hours. There seems to be no actual catalysts behind the latest crash, aside from over-leveraged market participants. Nevertheless, some altcoins have been hit worse than others, such [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-61159","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/61159","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=61159"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/61159\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=61159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=61159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=61159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}