XRP Is Down More Than 50% in 6 Months. Has It Become a Bargain Buy?

The last time the digital currency was trading around these levels was in November 2024.

The crypto markets have been in rough shape in recent months, with no clearer example of that than the performance of XRP (XRP 0.66%), one of the most valuable cryptocurrencies in the world. It’s taken just half a year for digital currency to lose more than half of its value.

On Monday, it was trading at less than $1.50. The last time it was trading far lower than that was before the presidential election back in 2024. At that time, however, the cryptocurrency was surging in value rather than plummeting. There was plenty of excitement in the crypto world, which now appears to have faded.

But with XRP’s potential to transform global finance, could…

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