After a Brutal Crypto Flash Crash, Should XRP Investors Be Worried, or Buying Hand Over Fist?
The coin got hit hard by the flash crash, but its underlying value is unaffected.
The Oct. 10 flash crash clarified a lot about crypto, and the picture it painted for XRP (XRP 5.05%) and Ripple’s U.S. dollar stablecoin, RLUSD (RLUSD 0.01%), could be more encouraging than the headlines suggest. XRP lost 15% of its value between Oct. 10 and Oct. 11, and it’s down more than 25% during the past month.
So is this a situation where investors should be buying the dip like wild, or sweating about what to do if there’s another big leg downward to come?
What broke, what didn’t, and why it matters
On Oct. 10, the crypto market suffered record liquidations…
