Even before this SEC news that declared XRP a security, I have predicted the price would go down after the Airdrop. Things are not looking good for XRP now and it is better to short it or sell because more and more exchanges are going to delist it, I just hope some people have not bet their house on XRP going to $3
They have not declared it as a security. They are alleging its a security, of which Ripple says is wrong and will prove it in court. Every other country in the world recognises XRP as a currency.