Big news about Ripple (XRP), a type of cryptocurrency! Recently, its price went down quite a bit. This happened because of some problems in the bigger economy, not just with Ripple itself. It's a bit like when the price of your favorite toy goes down because fewer people are buying toys.
- Ripple's price dropped below $2 for the first time since February.
- This is partly due to worries about the economy in the US.
- However, some good things are happening for Ripple, too!
- There's a chance a lawsuit against Ripple might end soon.
- More people are building things using Ripple's system.
Current Price | Possible Low Price | Possible High (if ETF happens) |
---|---|---|
Around $2 | As low as $1.13 | Potentially much higher |