XRP, the native token of the XRP Ledger developed by Ripple, has experienced a significant price drop of 17% in the last 24 hours and 31% over the past month. This decline can be attributed to several factors, including ongoing uncertainty surrounding the Ripple lawsuit with the SEC, a broader market correction in the cryptocurrency industry, whale sell-offs and token unlocks that increase supply, declining network activity, and profit-taking and liquidations. Despite the current bearish trend, some analysts predict potential for recovery in March, with price forecasts ranging from $5 to $10 in the medium term and even $100 to $500 in the long term. However, more conservative estimates and skepticism still prevail, with the $1 million prediction by 2030 seen as unrealistic by most analysts.



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