Due to regulatory pressure and an ongoing legal dispute between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs, XRP has been unable to capitalize on the cryptocurrency market's growth in 2024 and has failed to make significant gains despite numerous breakout attempts.
As of April 18, the price of #XRP was hovering around $0.494, up about 0.47% over the past 24 hours.
However, this small increase is offset by the fact that the #token has lost most of its market value over the past seven days, falling from $33 billion to $28 billion, with its price dropping 19.01% over the past week.
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