In the grand theater of finance, where fortunes rise and fall with the whims of the market, the XRP token has stumbled most gracelessly, tumbling to a nadir of $1.98 this fine day. A capricious mistress, indeed.
XRP, with all the dignity of a deflated balloon, now resides below $2.00. The ETF’s debut must have been… dramatic gasp… a triumph! 🤣🤣😭
– XRP_Liquidity (ETF 1Y 39.8B = Max 54.4B) (@XRPwallets) November 20, 2025
Behold, the Ripple-connected cryptocurrency has plunged a staggering 16% in seven days, as if fleeing from the ghost of Federal Reserve rate cuts. The crypto realm, once a carnival of optimism, now echoes with the dirge of selling pressure.
The ETF Hype: A Tragic Opera in Four Acts
Bitwise’s XRP ETF, that noble steed of institutional ambition, has galloped into the arena with $22 million in trading volume. Yet, like a knight without a lance, it fails to pierce the veil of XRP’s woes.
Though the ETF’s volumes shimmer like a mirage in the desert, the price remains unmoved, as indifferent as a duchess at a peasant’s feast. Alas, other XRP-ETFs have similarly floundered, their tales etched in the annals of crypto disappointment.
Consider Canary Capital’s XRPC ETF, the first of its kind, which debuted with $58 million in volume-a sum sufficient to impress, yet insufficient to halt XRP’s descent to $2.22. The bulls, outmatched by bears with sharper claws, surrendered without a fight.
No pre-launch rally, no whispered promises of salvation-only the cold calculus of supply and demand. Thus, this plunge cannot even claim the poetic justice of a “sell-the-news” tragedy. What a bore.
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2025-11-20 22:58