🔥 $XRP just did something it hasn't done in nearly two years: it broke below $1. The token touched $0.9905 intraday on August 11 before buyers stepped back in and closed it at $1.01; the first dip under $1 since November 2024. The trigger everyone's pointing to: a bridge connecting the XRP Ledger to another chain, run by a project called Coreum, got drained of roughly 200,000 XRP (~$200K) in 97 minutes. The exploit was a software flaw in how the bridge verified deposits, not a stolen key, and not a flaw in the XRP Ledger itself, which stayed fully secure throughout. $200,000 is a rounding error against a $63 billion asset. Blaming a hack this small for a two-year low oversimplifies what was already a multi-day slide. The reaction split cleanly in two directions. Analyst, flagged extremely oversold conditions and a historical buy signal that preceded rallies of 1,074% and 973% in past cycles; but also warned a break lower opens a path toward $0.62. Standard Chartered, meanwhile, is holding a $2.80 long-term target through all of it. And even as price fell, whale wallets holding 1M+ $XRP kept growing, with daily active addresses up 35% in August. Panic at the surface, quiet accumulation underneath. Which one is right usually only becomes obvious in hindsight. #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?# #Altcoin Season#