$XRP Predicted to Drop Back Below $0.6 by Major Analyst

Pseudonymous X user IncomeSharks, who has amassed more than half a million followers on the social media platform, believes that XRP might experience a major price correction in the future.

In fact, the analyst believes that the high-flying token might plunge back below the $0.60 level. The crypto trader has noted that nearly half of the available tokens are not even in circulation. The company continues to hold 38.9 billion tokens in its on-ledger escrow accounts. "There's a reason this space collectively dislikes this token because it's always pumping and dumping.

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