Crypto trader and enthusiast Shaney Boy (@ShaneyBoyzz) has declared his intention to sell his XRP the moment it returns to his purchase price.
“If my XRP ever gets back to ‘break even’ I’m selling that junky shit!” he wrote. The post quickly gathered responses from other holders sharing similar frustrations.
His sentiment reflects a growing impatience within the XRP community as the asset continues to slide.
If my XRP ever gets back to “break even” I’m selling that junky shit!
— Shaney Boy (@ShaneyBoyzz) November 5, 2026
XRP Fails to Hold Ground
XRP currently trades at $1.20, down 8.05% in the past 24 hours and 17.55% over the past month. The asset has failed to capitalize on recent bullish developments in the crypto space like the OCC’s approval of Ripple National Trust Bank.
The market staged a brief recovery following the U.S. midterm elections. This was short-lived and major assets are now falling, with XRP experiencing greater losses than Bitcoin and Solana. Ethereum beat it slightly, as it is down approximately 8.3%. The decline puts significant pressure on holders who entered at higher price levels and are now sitting on losses.
The Election Effect on Crypto Regulation
The midterm elections delivered Democrats control of both the House and Senate. Many XRP holders dread this outcome because of the poor relationship between the Democrats and the crypto community.
Democrats blocked the CLARITY Act, which would have provided clear rules and given the industry an easier path to broader institutional adoption. With the party now controlling both chambers, the path toward crypto-friendly regulation grows significantly more difficult.
The Community Reacts
Shaney Boy’s post drew a range of responses from holders and observers across the crypto community. One well-known crypto commentator asked Shaney Boy to confirm his break-even price, holding him to his stated commitment.
Another user expressed solidarity, noting that many holders find themselves in the same position. One respondent directed his frustration at Bitcoin maximalists, suggesting they had been correct in their skepticism about XRP all along.
One holder expressed doubt that XRP would ever sustain a price above $1, citing what he sees as resistance from powerful global interests to XRP’s use in international trade. He added that he has personally lost money on every token he holds.
Notably, a prominent analyst predicted in October that XRP would drop to $1 by the end of the year. With the asset now sliding rapidly, it could reach that level if things don’t change.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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