XRP on Wall Street Turns Ugly: Evernorth’s XRPN Crashes 83% in a Month

  • After months of preparation and anticipation, the merger between Evernorth and Armada Acquisition Corp.
  • II was finally finalized in October, and their brainchild’s stock went live for trading on Nasdaq.
  • What was supposed to be a major milestone for XRP’s expansion into traditional finance, though, has turned into a massacre, with XRPN falling from an intraday high of over $52 on its debut day to single digits.