XRP Drops 22% After U.S. Tariff Move as Investors Weigh ETFs and Taurox Presale

Overview

• Ripple’s token fell about 22% to roughly $1.30 after the Trump administration announced Liberation Day tariffs of 10% to 50% on imports.
• Institutional interest held up, with six spot XRP exchange-traded funds managing about $1 billion and a survey showing one in four fund managers plan first-time allocations.
• Standard Chartered keeps a $2.80 target for 2026 and a longer-range $12.60 scenario, which it says depends on continued ETF inflows and the CLARITY Act that would formalize XRP’s commodity status.
• Some investors are shifting to Taurox’s early presale, priced at $0.015 in Phase 3 after two sold-out rounds and more than $890,000 raised, with the project pitching AI-run trading and an 80% profit share for stakers alongside stated safeguards.
• The crypto Fear and Greed Index has held at an extreme reading of 9 for 47-plus days, and coverage flags late-April Fed meetings and higher oil prices as possible drivers of more near-term swings.