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XRP Market Value Shake-Up: Total Realized Cap Dives Down Amid Choppy Price Action

  • The total realized capitalization of XRP has declined, reflecting growing weakness and increasing selling pressure.
  • The recent drop in realized cap follows a spike in February, when XRP's price surged due to positive news regarding the SEC lawsuit.
  • The concentration of new holders indicates significant retail participation, but also presents risk due to high-cost bases.
  • Despite the recent decline, some analysts predict a potential rebound for XRP to the $3.30 level.

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