Ripple (XRP), a type of cryptocurrency, has been going down in price lately. It's dropped a lot from its highest price this year. This is happening while everyone waits to see what will happen at a big meeting about cryptocurrency in the White House.
- Donald Trump might want to use Bitcoin, Ethereum, Ripple, and others for a special government fund of cryptocurrencies.
- Many experts don't think Ripple is a good choice for this fund.
- Some think Ripple's price could go even lower, maybe to $1.62 or even $1.13.
- There's also a chance Ripple's price might get better because of good news about rules for cryptocurrencies.
| Fact | Number |
|---|---|
| Ripple's price drop | 25% |
| Chance of a US Ripple reserve | 29% |
| Chance of a spot ETF approval for XRP | 80% |
| Possible lowest price for XRP | $1.13 |
