The Ripple-affiliated cryptocurrency, XRP, dropped below $2 for the first time since December 1st. Over the past 24 hours, it has fallen by approximately 15%, making it one of the worst-performing tokens in the top 100. Despite this, one trader believes that if the broader crypto bull market continues, XRP could continue to dominate the conversation. The trader also believes that the entire XRP ecosystem is undervalued compared to other tokens. Weiss Crypto, a provider of independent ratings, sees XRP's rally as a warning sign for the cryptocurrency market. Additionally, 2.6 billion XRP tokens were recently deposited into exchanges, the highest number since April.



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