With this lawsuit, of course, XRP's reputation is difficult in the market, especially since many exchanges removed XRP in December, and I still remember that the price of XRP dropped by more than 28%.
I have to ask you, since when did you get to know this XRP coin? because I've known this XRP coin for so long that they also have a community by creating strong fundamentals on the XRP coin in the market, and for proof, let's see when the pump happened in the early months of this year, did XRP look like it was in trouble at the time that ?
It's been going on, there's no decision yet about the lawsuit so most likely the price will continue to struggle.
Here's probably the latest news.
https://financefeeds.com/sec-v-ripple-hearing-on-controversial-deposition-is-bad-for-ripple-expert-says/SEC V. RIPPLE: HEARING ON CONTROVERSIAL DEPOSITION IS “BAD FOR RIPPLE”, EXPERT SAYS
JULY 14, 2021 10:35 AM UTC, RICK STEVES
“If she was satisfied by the briefings she would have simply ordered the deposition to take place.”
Judge Sarah Netburn has scheduled a telephone conference for July 15, 2021, at 3:00 p.m (ET) in response to Ripple’s request to speed up the decision regarding the SEC’s motion to quash the deposition of William Hinman.
Last week, the Defendants had re-noticed ex-SEC Director William Hinman’s deposition for July 19, 2021, which pressured the Judge to make a decision before then, preferably to deny the SEC’s Motion in the eyes of Ripple and its co-founders.
read the above link for the complete story.