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Financemagnates

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Is Ripple's XRP Facing a Long-Term Price Decline? Adoption Soars 28% Despite Losses

  • Ripple's XRP is facing downward pressure, with price declining in the past day and week.
  • Despite the negative sentiment, Ripple's leadership remains optimistic about a price surge.
  • XRP experienced remarkable growth in its holder base, with a 28% increase in nonempty wallets.
  • The broader cryptocurrency market faces headwinds due to the Federal Reserve's cautious stance and bearish sentiment.

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