Ripple (XRP) is facing a lawsuit case now, it was SEC unveils suit against them calling XRP a '$1.3B unregistered securities offering'. And this is a big impact on the running price of Ripple (XRP) now. So the crashing of Ripple (XRP) price is not about the movement of the market instead of the impact of their case facing right now.
Ripple will die soon. There's no reason for this garbage security coin to exist anymore. Jed has been going out with all of his money that got from the ripple buyers.
it's sad to see that there are so many people who were being trapped at the pump for the flare tokens and they are not even cut loss their investment.
They got rekt.
Still a speculation but if they win the case or pay that amount charged by the SEC I think it will still remain but still I doubt if ever the team will not dump on buyers again. Better safe than sorry I think it's really good to just stay away from them now as the sentiments aren't favoring on the XRP token.