XRP Price Drops Below $1.30 as Investor Questions $81B Value
XRP's price has fallen below $1.30 as it lost 7.3% on Tuesday, causing investor Royal Kane to rule out buying the token due to its $81 billion market value.
Kane, a Dubai-based crypto investor, stated that he would not invest in Ripple at this stage because its market cap is already too large.
The decline in XRP's price comes after it dropped 23% from its recent high near $1.68 and has been down 29.18% since the start of 2026.