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?
When I checked on coinamerketcap.com, Ripple is always stable in spite of controversies and I don't think when they're down it's do from that lawsuit things.
Ripples partnership didn't made the pump but people on the free market will decide Ripple price value because crypto traders are earning money shile holders will even earn more profit if they keep on holding their crypto assets and their Ripple.