The XRP token is down 86.41% from its peak
After a disgruntled investor called the cryptocurrency’s price “a disgrace,” Schwartz explained that the Ripple-affiliated token is actually performing in line with other major cryptocurrencies.
Schwartz has pointed to the fact that XRP has outperformed both Bitcoin and Ethereum on a year-to-date basis. For instance, ETH is down, but XRP is down 45%. However, it should be noted that XRP is still down a staggering 86.41% from its all-time high that was reached all the way back in January 2018. It is one of the few major cryptocurrencies that failed to reach new peaks during the latest bull market cycle.
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