The founder of Messari, Ryan Selkis, has made another negative comment about XRP amidst the recent market downturn. He joked that there is never a good time to buy XRP, particularly now that its price has fallen below the value of Coinbase, Microstrategy, and Softbank. XRP has experienced a 21% decline in price over the past two days as the Federal Reserve plans to reduce its quantitative easing measures. Despite the market volatility, some analysts remain bullish on XRP and believe it could reach $251 if it replicates its previous price action. Others suggest that holding support at $2 will be crucial for XRP's recovery. Furthermore, XRP continues to benefit from regulatory and political support and Ripple recently launched a stablecoin called RLUSD to enhance liquidity and DeFi applications.
- Content Editor ( thecryptobasic.com )
- 2024-12-20
Messari Founder Kicks XRP Amid Price Decline