Crypto analyst Steph Is Crypto (@Steph_iscrypto) recently posted something unusual on X, claiming XRP had just hit $0.10 on a major Asian exchange. No exchange was named, and the report has n
Crypto analyst Steph Is Crypto (@Steph_iscrypto) recently posted something unusual on X, claiming XRP had just hit $0.10 on a major Asian exchange. No exchange was named, and the report has not been verified. Even so, it got a lot of people talking.
To put that figure into perspective, XRP hasn’t been anywhere near $0.10 since July 2020, when it hit a low of $0.1742.
A drop to that level from where it sits today would represent a loss of more than 90% of its value. XRP traded at $1.35 at the time of the analysis and currently trades at $1.39.
$XRP reportedly just hit $0.10 on a major Asian exchange one minute ago.
Wtf is going on??? pic.twitter.com/ZEIBYcs3jP
— STEPH IS CRYPTO (@Steph_iscrypto) October 8, 2026
Reactions to the post went in every direction. Some people were excited, some were confused, and others disagreed. A few users said they would buy immediately if the price were real, with one saying he would be done buying in a minute. Another said he would go nuts with buying at that level. One user told others to buy the dip and hold on.
On the skeptical side, one user said it was likely a glitch, and he had seen something similar happen in reverse a few weeks earlier. He claimed XRP briefly jumped to $3.45 before coming back down. He suggested that this was probably the same kind of thing. Another floated thin order books as a possible explanation.
XRP has a long history of price display errors, but they almost always send the price flying upward. A glitch in June sent XRP to $62,032, but nobody could trade at that price. This report is different because the price supposedly fell as it would during a flash crash, rather than up. That direction stands out from the glitches the community is used to hearing about.
Glitches like this typically come down to data feed errors, brief order book imbalances, or system malfunctions on the exchange side. On a platform that processes large volumes of transactions, distorted prices can appear for a few seconds before correcting.
Some glitches have sent XRP as high as $10 million, but no actual trades take place at those prices. No confirmed trade data is showing XRP at $0.10, and the original post still hasn’t named the exchange where it supposedly happened.
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