{"id":45714,"date":"2026-06-02T20:02:13","date_gmt":"2026-06-02T20:02:13","guid":{"rendered":"https:\/\/cryptd.in\/xrps-birthday-turns-sour-as-ripple-price-plummets-to-4-month-low\/"},"modified":"2026-06-02T20:02:13","modified_gmt":"2026-06-02T20:02:13","slug":"xrps-birthday-turns-sour-as-ripple-price-plummets-to-4-month-low","status":"publish","type":"post","link":"https:\/\/cryptd.in\/sv\/xrps-birthday-turns-sour-as-ripple-price-plummets-to-4-month-low\/","title":{"rendered":"XRP\u2019s Birthday Turns Sour as Ripple Price Plummets to 4-Month Low"},"content":{"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.<\/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

Inl\u00e4gget XRP\u2019s Birthday Turns Sour as Ripple Price Plummets to 4-Month Low<\/a> publicerades f\u00f6rst p\u00e5 CryptoPotato<\/a>.<\/p>","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":45716,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-45714","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"\nXRP\u2019s Birthday Turns Sour as Ripple Price Plummets to 4-Month Low - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/sv\/xrps-birthday-turns-sour-as-ripple-price-plummets-to-4-month-low\/\" \/>\n<meta property=\"og:locale\" content=\"sv_SE\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"XRP\u2019s Birthday Turns Sour as Ripple Price Plummets to 4-Month Low - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"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. 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