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
<\/a>XRPUSD June 2. Source: TradingView<\/p>\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>","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":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-173917","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/173917"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=173917"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/173917\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=173917"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=173917"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=173917"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![<\/a>XRPUSD June 2. Source: TradingView<\/p>\nThe 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>\nHowever, 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>\nToday\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>\nXRP\u2019s market cap stands below $75 billion as of press time, down from over $85 billion just several days ago.<\/p>\nInterestingly, 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>\nAli 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>\nThe post XRP\u2019s Birthday Turns Sour as Ripple Price Plummets to 4-Month Low<\/a> appeared first on 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":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-173917","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/173917"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=173917"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/173917\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=173917"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=173917"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=173917"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/06\/XRPUSD-June-2-scaled.png\"){kind=link}