XRP Price Drops 11% as Holders Appear Stuck Between Hope and Reality

Ripple’s XRP has shed roughly 10% of its value in the past week as sell-offs intensify across the broader crypto market.   While the token’s rally to an all-time high of $3. 66 during July’s market boom left many holders in profit, rising volatility is beginning to test investor sentiment. What does this mean for token holders? XRP Traders Cling to Gains Despite Losses According to Glassnode, readings from XRP’s Net Unrealized Profit/Loss (NUPL) metric show that the market is currently in the belief–denial zone, where investors hold on to gains despite mounting losses source: https://beincrypto.com/xrp-price-drops-market-in-between-hope-and-reality/