Ripple’s XRP is having a disastrous start to 2019. In a year when bitcoin is storming back towards bull territory, XRP has crashed 16 percent. The third-largest cryptocurrency is now the worst-performing digital asset in the top ten.
Ripple’s woes worsened in yesterday’s trading session as XRP’s value dropped 7 percent, plunging below the key $0.30 mark. XRP is consistently underperforming bitcoin and the broader cryptocurrency market.
Even if I am not a fan to XRP (meanwhile, I invested in it some times ago), I consider this as a hate on XRP. The fact is that a lot of coins, even those in top 10, performed woefully in 2019. When addressing an issue like this, try to put a lot of things into consideration. Apart from what I used to believe in, some, despite how the general market has been, have been able to make some profits on XRP. This might be a different year entirely, not just for XRP, but also for the entire crypto space.