Recently there was a lot of fuss on various social media platforms, that stated that the 1st of February will be the pump of the ripple coin in support of the coin against gets lawsuit with the United States security exchange commission. There were many people that were purchasing this coin in anticipation of this event and the coin was even able to reach a value of 0.7 dollars over the last day. In fact it was expected to increase even further and many people invested at this point.
However the pump that was initially started buy a telegram group was actually not as successful as it was hoping to be, that's the price of the xrp coin dropped by more than 31% in a bear market trend that followed before the pump could even happen in the first place.
The telegram group however says that this was not a complete failure because they were able to raise awareness when it comes to this coin however many that would have seen the pump would be losing their faith within the ripple coin. Therefore this could have done more damage for the recovery of the coin than the lawsuit. What is your opinion on this?
However the pump that was initially started buy a telegram group was actually not as successful as it was hoping to be, that's the price of the xrp coin dropped by more than 31% in a bear market trend that followed before the pump could even happen in the first place.
The telegram group however says that this was not a complete failure because they were able to raise awareness when it comes to this coin however many that would have seen the pump would be losing their faith within the ripple coin. Therefore this could have done more damage for the recovery of the coin than the lawsuit. What is your opinion on this?