2024

Status

<ul>
 <li><strong>Bill Morgan’s continued investment in XRP shows confidence despite market volatility.</strong></li>
 <li><strong>Ripple’s new “Try It” feature enhances developer accessibility and innovation.</strong></li>
</ul>
<p>Despite the recent decline in <a href="https://www.crypto-news-flash.com/analyzing-xrps-path-to-35-what-investors-should-know/" rel="noopener noreferrer nofollow">XRP</a> below $0.40, notable pro-XRP lawyer Bill Morgan has <a href="https://x.com/Belisarius2020/status/1809098613131522136" rel="noopener noreferrer nofollow">bought</a> more XRP tokens. The crypto community has become curious and debating this choice.</p>
<h2 id="strong-xrp-price-falls-sharply-strong"><strong>XRP Price Falls Sharply</strong></h2>
<p>XRP had dropped noticeably over 10%, going below the $0.40 level at the moment Morgan bought it. This price decline occurred at the same time as a larger global crypto market collapse that was characterized by waves of red across the board.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Acquired more XRP at just over $0.40 <a href="https://t.co/89RTRrSG26" rel="noopener noreferrer nofollow">https://t.co/89RTRrSG26</a></p>
 <p>— bill morgan (@Belisarius2020) <a href="https://twitter.com/Belisarius2020/status/1809098613131522136?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 5, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>Morgan has hinted at a more general approach for accumulating XRP, stating his plan to purchase even more tokens should the price drop to about $0.375. This strategy implies great faith in <a href="https://www.crypto-news-flash.com/ripples-xrp-eyes-0-9594-target-amidst-bullish-momentum/" target="_blank" rel="noopener noreferrer nofollow">XRP’s</a> long-term prospects, even if its market volatility is continuous.</p>
<p>Given XRP’s price has been steadily consolidating since the start of the <a href="https://www.crypto-news-flash.com/ripple-news-xrp-follows-crypto-crash-can-settlement-with-sec-push-price-to-1/" rel="noopener noreferrer nofollow">Ripple vs. SEC</a> case, Morgan’s buy timing is very significant. Morgan’s activities show a strong conviction in the future of XRP, despite the legal ambiguities and market changes.</p>
<h3 id="strong-current-market-status-strong"><strong>Current Market Status</strong></h3>
<p>XRP’s price has rallied somewhat as of right now, rising back above $0.40 and presently trading at about <strong>$0.4147</strong>. Over the last 24 hours, this shows an <span style="color: #ff0000;"><strong>8.18%</strong></span> drop. Moreover, XRP’s market value of around $23.10 billion emphasizes its fortitude against current challenges.</p>
<div class="cryptoboxes" id="mcw-345586" data-realtime="on">
 <div class="mcw-chart mcw-chart-light" data-font="inherit" data-coin="xrp" data-symbol="XRP" data-currency="USD" data-rate="1.000268" data-type="chart" data-view="day" data-theme="light" data-smooth="true" data-areacolor="" data-bgcolor=""></div>
</div>
<p>On the other hand, Ripple just <a href="https://www.crypto-news-flash.com/ripples-new-try-it-feature-simplifies-api-testing-for-developers/" rel="noopener noreferrer nofollow">debuted</a> a new tool called “Try It.” Without login credentials, this function lets developers send simulated API calls, therefore promoting more creativity and accessibility inside the Ripple ecosystem.</p>

Bill Morgan Buys More XRP Amid Market Dip and Uncertainty

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