Virtual Bacon Predicts XRP May Have Seen the Worst of Its Decline

Crypto commentator Virtual Bacon believes XRP has already hit its lowest price at $1. However, he says the coin could drop further if the Binance hacker sells the XRP still in his possession. In a recent post on X, Virtual Bacon explained that the hacker’s remaining XRP could create selling pressure and push the price down to around $1.10 instead of the $1.20 he previously expected. He added that the stolen XRP cannot be frozen, meaning the hacker can sell it at any time. Despite this possibility of a bearish event, Virtual Bacon remains confident in XRP.

Source: The Crypto Basic