XRP 的表現落後於前 100 名代幣中的 90 名，但這可能是有原因的

在過去 24 小時內，Ripple 附屬的 XRP 加密貨幣的表現落後於市值最大的 100 種加密貨幣中的 90 種。

Ripple-affiliated XRP cryptocurrency has underperformed 90 out of the 100 biggest cryptocurrencies by market capitalization over the past 24 hours. Prominent trader Peter Brandt recently suggested that the price of XRP could end up plummeting to zero against Bitcoin.

在過去 24 小時內，Ripple 附屬的 XRP 加密貨幣的表現落後於市值最大的 100 種加密貨幣中的 90 種。著名交易員 Peter Brandt 最近表示，XRP 相對於比特幣的價格最終可能會暴跌至零。

That said, this seemingly dismal price action might not be as bad as it looks.

也就是說，這種看似慘淡的價格走勢可能不像看起來那麼糟。

As noted by analyst Bill Morgan, these figures are highly skewed by the massive rally that the token experienced following Ripple's partial win against the U.S. Securities and Exchange Commission last July.

正如分析師 Bill Morgan 所指出的那樣，這些數字與去年 7 月 Ripple 部分戰勝美國證券交易委員會後該代幣經歷的大幅上漲存在很大偏差。

While XRP's price performance might not be that atrocious, the analyst is still puzzled by XRP's complete failure to sustain its momentum following the July court ruling.

儘管 XRP 的價格表現可能沒有那麼糟糕，但分析師仍然對 XRP 在 7 月法院裁決後完全未能維持其勢頭感到困惑。

“The better question is not why XRP price is underperforming other top 100 coins but why the post summary judgment price rise impact was not sustained and almost entirely lost and why XRP is still trading at prices visited in 2018,” Morgan said in a post on the X social media network.

摩根在一篇貼文中表示：「更好的問題不是為什麼XRP 價格表現遜於其他前100 種代幣，而是為什麼總結判斷後價格上漲的影響沒有持續並且幾乎完全消失，以及為什麼XRP 仍然以2018年的價格進行交易。

Short-lived price rally

短暫的價格上漲

After U.S. District Judge Analisa Torres ruled that XRP is a security only when Ripple would sell it to institutional buyers, the price of the controversial token experienced a major rally.

在美國地區法官 Analisa Torres 裁定只有當 Ripple 將 XRP 出售給機構買家時，XRP 才是一種證券後，這一有爭議的代幣的價格經歷了大幅上漲。

XRP surged to a 2023 peak of $0.94 on the Bitstamp exchange following the ruling. However, this renewed excitement surrounding XRP was very short-lived, with the token collapsing 57% since the post-ruling peak.

裁決後，Bitstamp 交易所的 XRP 飆升至 2023 年高峰 0.94 美元。然而，圍繞 XRP 的新一輪興奮是非常短暫的，自裁決後的峰值以來，該代幣暴跌了 57%。

At press time, XRP is trading at $0.49 on the Bitstamp exchange. For comparison, the token peaked at roughly $0.71 in July 2018 despite the fact that cryptocurrencies were in the middle of a bear market.

截至發稿時，XRP 在 Bitstamp 交易所的交易價格為 0.49 美元。相比之下，儘管加密貨幣正處於熊市之中，但該代幣的價格在 2018 年 7 月達到了約 0.71 美元的峰值。

Ripple not suppressing XRP

瑞波幣並未抑制 XRP

While some community members have expressed concerns about Ripple potentially artificially suppressing the price of the XRP token with its artificial sales, Morgan is convinced that this is not the case.

儘管一些社群成員對 Ripple 可能透過人為銷售來人為壓低 XRP 代幣的價格表示擔憂，但摩根堅信情況並非如此。

As reported by U.Today, Morgan has pointed out that Ripple offers no discounts to on-demand liquidity (ODL) customers, which means that the company's ODL sales have a neutral impact on the coin's price.

根據《今日美國》報道，摩根指出，Ripple 不向按需流動性（ODL）客戶提供折扣，這意味著該公司的 ODL 銷售對代幣的價格產生中性影響。