Ripple is down 16% despite the fabulous news about it, like the results of the first pilot study.
A week ago a class-action lawsuit was filed against the CEO of
Ripple, Brad Garlinghouse, as well as the parent company Ripple Labs. The lawsuit claims that the cryptocurrency is scamming people. It was filed in California by Ripples very own investors.
Do you think, it will continue to drop?
Ripple is totally is pure garbage imo. Sounds harsh, but that's what I think it is.
Until now it never was and never ever will be a crypto currency in any way.
Ride the pumps and dumps when you can and try to make more BTC or other cryptos with it if you like.
And yes ripple imo is a scam. Do some research about one of the former 'founder', Jed Mccaleb, and then you'll now why Ripple is extremely shady and why the Token itself is totally useless.