#MarketSentimentWatch the price of XRP rose to 0.91 $ on February 8, but could not maintain its gains, falling to 0.63 $ on February 24 as a consequence of the sharp decline in financial markets caused by the Russian invasion of Ukraine. On March 28, the price of XRP rose to 0.9081 dollars, but could not maintain that level and trended downward to 0.56 dollars on May 8. After the failure of the Terra UST and LUNA cryptocurrency tokens, the price fell to 0.3852 $ on May 12, 2022. In July, the price of XRP rose three times before falling again. On July 30, XRP reached 0.40 dollars for the first time since June 10. However, it could not hold that level and fell back to 0.37 dollars in the first week of August. Nevertheless, it was still above the 0.31 dollars from early July. Jed McCaleb, the co-founder of XRP who left in 2013 to start the Stellar cryptocurrency, sold the last of his nine billion XRP tokens, according to Ripple Labs, which announced the news in July. McCaleb was one of the largest individual holders of XRP. Therefore, the news that he will no longer put XRP on the market may have some stabilizing effects. Despite the announcement, the cryptocurrency was unable to rise above 0.40 dollars that month.