Any ideas on why XRPs price is fluctuating?

[shinratensei_]

As far as I know one of founders od Ripple left the project long time and he got billions of Ripple which he is selling on daily bases. That guy is also founder of Stellar pretty big name in crypto world. Now is that all true beats me but thats the rumor.

You meant about JED but remember he is not the only one who actively selling his stakes to the market even the foundation itself is still doing it with the premined coin.
Ripple foundation was gradually liquidating its assets into the market.
This has become the main concern too. So many scammers in ripple foundation that only cares about the money. They never care with the community

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[TimeTeller]

As far as I know one of founders od Ripple left the project long time and he got billions of Ripple which he is selling on daily bases. That guy is also founder of Stellar pretty big name in crypto world. Now is that all true beats me but thats the rumor.

You meant about JED but remember he is not the only one who actively selling his stakes to the market even the foundation itself is still doing it with the premined coin.
Ripple foundation was gradually liquidating its assets into the market.
This has become the main concern too. So many scammers in ripple foundation that only cares about the money. They never care with the community

This is very unfortunate for the XRP believers and collaborators.
I hope the team will not totally abandon this project and sell their holdings.
They were forging a lot of partnerships before, so hopefully, they will not ruin that trust.
But up until this SEC battle is over, we don't know what the future holds for this coin.

[trauchot]

At the moment, the price of XRP has dropped due to the fact that SEC will be sued XRP and therefore many XRP holders are selling their XRP and therefore the price of XRP has dropped so much, but it is clear that many big players are still investing in XRP and therefore XRP below 0.2$ does not fall and this suggests that many big players still believe in XRP and therefore we should expect that everything will be fine with XRP, so for now we just need to wait for a decision from the SEC about XRP.

[iv4n]

XRP is one of the gray projects! It has some good things, awesome ideas, a bit military/aggressive supporters, but also have a bad side! And for years I am watching drama around XRP, and to be honest I don't know what to think about XRP and XRP future! The recent SEC accusations and some announced trials put a shade over XRP, but what will be the outcome nobody can tell! In case of XRP win we can sure see some amazing price rise, if they don't win they will have problems!
As for me, I have some XRP and I am gambling with it! If I make something more I will see now at this price and leave something for holding! Who knows what future holds for XRP holders! I am not an optimist, but who knows... follow your heart and make your own decisions! Don't follow me or anyone else! Good luck all!

[tvplus006]

XRP price movements, which currently look fluctuating, are normal movements and this could be manipulated by the XRP team or whales who have lots of money trying to move prices depending on the news on XRP so surely they will follow the movement according to the news There is, as happened a while ago when the SEC attacked XRP the price suddenly collapsed and was raised again by whales and XRP manipulators who were trying to exploit this incident for profit.

We can only wait for the start of the lawsuit in court, and depending on which side themis takes, the price of XRP will be either on the moon or at the bottom. And until that time, there will be no big price changes, because those who wanted to sell have already sold their coins, and those who wanted to buy have already bought.

[Clement Kaliyar]

As far as I know one of founders od Ripple left the project long time and he got billions of Ripple which he is selling on daily bases. That guy is also founder of Stellar pretty big name in crypto world. Now is that all true beats me but thats the rumor.

If you are referring to Jed McCaleb, he conceived the project and then he came up with his own project. The lead developers made a huge profit with their centralized coin and so is the reason the SEC is after them and that is the main reason for their price fluctuation.

There was a class action lawsuit filed against them in the past and now the SEC are after them for selling securities and it is difficult to overcome the issues they are facing and with most of the exchanges delisting them, it is better to avoid investing.

[Aubameyang]

There's a lot of bad news for XRP in this few months.
But in my opinion the main reason because of Xrp has more coin in circulating supply and the dev still has a lot more locked coin that can bump the marketcap.