24 hours after the news broke out Rippler is down 10% the dump is continuing it could go down to 10 cents again or even 5 cents, and some exchange might even delist it, Ripple should do something about it, they should issue an immediate announcement and find a way to calm down investors to avoid continuous dumping.
Actually, they did an announcement and you may read it here:
[1]
The SEC’s Attack on Crypto in the United StatesAs the price is constantly declining, which deteriorates the market condition of XRP, and investors had no option but to sell it. Consequently, the complaint made a substantial implication to Ripple. Thus, they will probably struggle in rebuilding the trust of investors and recover.