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.