XRP soared 255% after Trump's election victory but has since fallen 34% below that peak. Does this crypto dip represent a buying opportunity or a value trap? Here's what you need to know.

The XRP ( XRP -1.62% ) cryptocurrency reached a multiyear record price of $3.31 per coin in January 2025. By May 30, the coin had retreated 34% to $2.18 per coin.

So XRP investors face a dilemma: Is the cryptocurrency a no-brainer buy at these lower prices, or will the price drop continue? Here's how I see it.

How XRP soared in the winter

Two events boosted XRP's market price from November 2024 to January 2025. Together, they supported a third event with game-changing potential.

The Trump campaign in the 2024 presidential election included heavy support for cryptocurrencies. As a result, ma

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