Quote from: South Park on Today at 04:53:47 PM

Quote from: raji1995naya on May 08, 2021, 07:14:57 PM

It cannot be erased from people's minds that XRP is currently facing a lawsuit; this also poses a significant risk to consumers of the coin, as it will result in a loss of confidence if the price drops; it also poses a significant risk for large transactions; just imagine losing 20% of your money when transacting a million-dollar transaction; the risk will be enormous.Many believe that if XRP prevails in court, the price of the cryptocurrency would skyrocket. But I believe this is a very surprising development for XRP, and we will have to wait to see what happens with XRP and the SEC in the future.

To me it is obvious that what it is happening here is just the result of the altcoin market and it has nothing to do with ripple, for example in the case of dogecoin the growth that we are seeing is not only because of the altcoin season, there are many people investing in the coin and they are convinced that dogecoin can progress even further, but in the case of ripple no one really believes this which is why when the market goes down ripple crashes so hard.

From time to time Ripple does its own thing and outperforms other coins, but it does that in both directions. When it loses value it also loses value faster than others. I find it suspicious that it often pumps although you can't even find any relevant news that could explain the pump. That deters me from getting into Ripple.