{"id":97773,"date":"2026-06-02T20:19:44","date_gmt":"2026-06-02T20:19:44","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=97773"},"modified":"2026-06-02T20:19:44","modified_gmt":"2026-06-02T20:19:44","slug":"xrps-birthday-turns-sour-as-ripple-price-plummets-to-4-month-low","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=97773","title":{"rendered":"XRP\u2019s Birthday Turns Sour as Ripple Price Plummets to 4-Month Low"},"content":{"rendered":"
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Ripple\u2019s native cross-border token has not been spared by the overall market-wide calamity that has only worsened today, with a fresh nosedive to a multi-month low.<\/p>\n

What\u2019s particularly interesting about XRP\u2019s crash toward $1.20 is that it comes on the token\u2019s 14th birthday.<\/p>\n

\"XRPUSD<\/a>
XRPUSD June 2. Source: TradingView<\/figcaption><\/figure>\n

The last time the popular altcoin traded at such low levels was briefly during the early February crash when it tanked to just over $1.10. Aside from that quick leg down, it hasn\u2019t been below $1.30 since before the US presidential elections in 2024.<\/p>\n

However, this crash now comes after several consecutive breakout rejections at prices between $1.50 and $1.60. The latest such unsuccessful attempt came in mid-May, when XRP soared to $1.55 only to be halted<\/a> and driven south hard.<\/p>\n

Today\u2019s price drop to $1.20 registered minutes ago has left around $30 million in liquidations from leveraged traders. It has also wiped out billions from XRP\u2019s market cap, which has helped USDC surpass it on CoinGecko as the fifth-largest cryptocurrency by that metric.<\/p>\n

XRP\u2019s market cap stands below $75 billion as of press time, down from over $85 billion just several days ago.<\/p>\n

Interestingly, today marks the asset\u2019s 14th birthday, which makes the crash even more painful. On this date in 2012, Ripple co-founder Arthur Britto released lines of code that created 100 billion XRP tokens. He began working together with David Schwartz and Jed McCaleb in 2011.<\/p>\n

Ali Martinez weighed in on the asset\u2019s recent price performance and predicted<\/a> that it could continue its path south to somewhere around $1.14 after it broke down<\/a> from a rising trend-line symmetrical triangle.<\/p>\n

The post XRP\u2019s Birthday Turns Sour as Ripple Price Plummets to 4-Month Low<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Ripple\u2019s native cross-border token has not been spared by the overall market-wide calamity that has only worsened today, with a fresh nosedive to a multi-month low. What\u2019s particularly interesting about XRP\u2019s crash toward $1.20 is that it comes on the token\u2019s 14th birthday. XRPUSD June 2. Source: TradingView The last time the popular altcoin traded […]<\/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-97773","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\/97773","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=97773"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/97773\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=97773"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=97773"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=97773"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}