The price of ripple has been on a tremendous rollercoaster over the last couple of months may be brought about by the lawsuit that was filed against them by the SEC. Over the last 24 hours we have seen that the ripple cryptocurrency has dropped and its price by 10.04%. This is the largest drop that we have seen in the price of Bitcoin since the beginning of this month. It is possible that this drop in the price was caused by the fact that one of the co-founders of the ripple company sold off a substantial portion of their ripple coins.
With there being such large drops in the price of ripple and such great fluctuations it is possible that people will start to lose their confidence in the coin and this will ultimately affect how the coin recovers after the lawsuit. What are your thoughts on this?
With there being such large drops in the price of ripple and such great fluctuations it is possible that people will start to lose their confidence in the coin and this will ultimately affect how the coin recovers after the lawsuit. What are your thoughts on this?