People saying this is pump and dump have no understanding of markets and economics whatsoever. Ripple has over $10bln volume in 24 hours - good luck trying to make a price manipulation with that volume.

What is happening here is that people are slowly moving on to coins that have utility and touch with the real world (like XRP was signed by multiple banks recently) because only those coins have the chance of surviving. People are moving money from useless privacy coins and coins which only utility is to serve as a form of payment, and investing into coins with a mass adoption potential (which can only happen if partnerships with real, popular companies are signed).

Ripple is one of rare cryptocurrency projects that managed to create a sustainable business model which will generate income, unlike 95% of other ICOs which will dissapear as soon as the money from ICO funding is spent.