Till yesterday it felt like we are going through a repeat of 2017 but all of a sudden it's dropping down, what would have caused this dump? Is it related to drop in the value of Bitcoin or else some other reason like whales cashing out ? I feel it was a temporary correction which took place after altcoins went bullish especially XRP and XLM which gained over 100% in last one week.
This is indeed the dump the whale played with back in November, but that's a good point of the token's upward move this month. so they seemed to lower the price then pumped strongly upwards until it is today. that's the real situation in trading you have to be smart in observing the real situation