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Should You Buy XRP While It's Under $2.50?

The Motley Fool Logo The Motley Fool By Anders Bylund
Should You Buy XRP While It's Under $2.50?

XRP has experienced a significant rally, rising nearly 400% in recent months, but remains overvalued compared to traditional payment companies. Despite processing $57.7 billion in quarterly payment volume, the cryptocurrency lacks fundamental value and faces significant market risks.

Insights
PYPL   neutral

Used as a comparative benchmark for payment volume and revenue, with significantly higher transaction metrics than XRP