XRP Dump? Not So Fast—Software Engineer Says Panic Selling Makes No Sense
Summary
XRP has declined 16% to $1.76 amid a broader cryptocurrency market selloff, with Bitcoin dropping over 8% to $76,000. Software engineer Vincent Van Code maintains confidence in XRP, attributing the price drop to market fear rather than fundamental issues with the currency. He notes that XRP's previous price spike from $0.54 to $3.40 was driven by optimism surrounding pro-cryptocurrency policies from the US government. Van Code links current market instability to significant geopolitical and economic changes, suggesting that the US government's actions have destabilized economies as part of a "global financial reset." He advises investors to remain calm and not sell XRP, predicting a potential market rebound as conditions stabilize.
