XRP falls below $1.30 as investor questions $81B value
XRP has fallen below the key $1.30 level after losing 7.3% on Tuesday, while Dubai-based crypto investor Royal Kane has ruled out buying the token because of its $81 billion market value
Royal Kane, a Dubai-based crypto investor, wrote on X that he would not invest in XRP at its present valuation, pointing to the token’s market capitalization as the main reason for his position.
“I would never invest in Ripple at this stage because its market cap is already too large,” Kane said.
Market data included in the source report placed XRP near $1.30, with a market capitalization of about $81.68 billion and 24-hour trading volume of $4.12 billion. The token was also down 29.18% since the start of 2026.
Kane argued that assets with lower valuations may offer more room to benefit from a strong investment story. He cited Solana’s earlier “Ethereum killer” label, the community growth surrounding Pepe, and Zcash’s adoption case as examples of narratives that attracted traders.
Rather than presenting a price target for XRP, he told investors to “find a coin with a compelling narrative for the coming years.”
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XRP has fallen below the key $1.30 level after losing 7.3% on Tuesday, while Dubai-based crypto investor Royal Kane has ruled out buying the token because of its $81 billion market value
Royal Kane, a Dubai-based crypto investor, wrote on X that he would not invest in XRP at its present valuation, pointing to the token’s market capitalization as the main reason for his position.
“I would never invest in Ripple at this stage because its market cap is already too large,” Kane said.
Market data included in the source report placed XRP near $1.30, with a market capitalization of about $81.68 billion and 24-hour trading volume of $4.12 billion. The token was also down 29.18% since the start of 2026.
Kane argued that assets with lower valuations may offer more room to benefit from a strong investment story. He cited Solana’s earlier “Ethereum killer” label, the community growth surrounding Pepe, and Zcash’s adoption case as examples of narratives that attracted traders.
Rather than presenting a price target for XRP, he told investors to “find a coin with a compelling narrative for the coming years.”
$XRP
Copy me