Ah, XRP, the plucky little altcoin that could—except it just tripped over its own shoelaces and fell face-first into a puddle of Bitcoin. Over the past 12 days, it has plummeted by more than 18%, which is roughly equivalent to a cat falling off a windowsill. 🐱💥
As of the latest gossip from the Binance exchange, our dear XRP is now worth a staggering 0.00002120 BTC. Yes, you read that right. If you squint hard enough, you might just see it! 👀
On this fine Monday, XRP has decided to take another leisurely dip, down 1.5% against the mighty Bitcoin. This is despite some rather optimistic news, like the Dubai Land Department (DLD) choosing the XRP Ledger for its ambitious tokenization project. Because nothing says “we’re doing great” like a government project, right? 🤔
And let’s not forget the CME Group, which rolled out XRP futures on May 18. Because if you can’t win in the spot market, why not try your luck in the futures market? It’s like playing poker with a deck of cards that only has jokers. 🎴
Meanwhile, the XRP detractors are having a field day. Bitcoin maximalist Justin Bechler has been particularly vocal, noting that the last two weeks have been nothing short of a bloodbath for the XRP community. It’s like watching a soap opera, but with more spreadsheets and fewer dramatic pauses. 📉
When the XRP Army sounds extra bitter, please understand that the last two weeks have been absolutely brutal for them.
XRPBTC -20% last 2W ☠️
— Justin Bechler (@1914ad) May 26, 2025
Meanwhile, Bitcoin is basking in the glow of robust institutional demand, thanks to strong ETF flows. It’s like the popular kid at school who just got a new car while the rest of us are still trying to figure out how to ride a bicycle without falling over. 🚴♂️
And as for the SEC? Well, they’re unlikely to approve a spot XRP ETF until late 2025, according to Bloomberg analysts. So, if you’re holding your breath for that, you might want to reconsider your life choices. 😅
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2025-05-26 23:58