The XRP price crash this week has stirred up a lot of discussion in the crypto community, eliciting mixed reactions from key players and the broader crypto community. While XRP’s decline is undeniable, a prominent validator within the ecosystem has weighed in on the situation, arguing that the price decline is part of a larger market downtrend affecting all cryptocurrencies.
XRP Price Crash Reflects Broader Market Struggles
According to Vet, an XRP Ledger (XRPL) dUNL validator, the recent price drop in XRP should not be viewed in isolation. On Tuesday, November 4, he took to X social media to highlight that cryptocurrencies are currently facing a downturn. “Everything is red, not just XRP,” Vet said, stressing that XRP’s price crash is a broader reflection of ongoing

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