Is XRP ‘way overvalued’ to buy right now?

XRP’s market cap is 2,200x greater than its total value locked on XRPL, signaling heavy upside speculation among traders.

Key takeaways:

XRP’s $190 billion market cap far outpaces XRPL’s onchain activity, trading at 2,200x its TVL.

Bearish RSI divergence hints at a possible drop toward $2.32.

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