XRP Lags Behind as Bitcoin Soars: Legal Troubles Weigh Down Price
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- XRP has dropped by more than 18% since November 2023.
- In the past year, Bitcoin has skyrocketed 114.46%, outperforming XRP.
- Lawyer cited the SEC’s lawsuit against Ripple as the reason for XRP’s poor performance.
XRP, the seventh-largest digital asset, has lagged this cycle despite the recent crypto market rally where Bitcoin hit the $76,000 price level for the first time in history. Bill Morgan, a prominent lawyer and XRP enthusiast, defended the altcoin.
The conversation started with “Scam Daddy” on X (formerly Twitter) highlighting that Bitcoin is up a massive 114.46% since November 2024 while in the same period, XRP fell a substantial 18.72%, making it the worst performer in the top 10 of this cycle. Scam Daddy slammed XRP supporters, saying the altcoin lacks potential for a significant price surge.
Read also: XRP’s Price Targets $1 as Election Patterns Signal Breakout
The post XRP Lags Behind as Bitcoin Soars: Legal Troubles Weigh Down Price appeared first on Coin Edition.
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In This News
Coins
$ 64.14K
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+0.40%$ 0.00736
+1.24%$ 0.00...361
$ 0.527
Predictions Markets
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XRP Now at A Decisive Inflection Point: Will Prices Moon or Drop to $0.7?
