Ripple is down 16% despite the fabulous news about it, like the results of the first pilot study.
A week ago a class-action lawsuit was filed against the CEO of
Ripple, Brad Garlinghouse, as well as the parent company Ripple Labs. The lawsuit claims that the cryptocurrency is scamming people. It was filed in California by Ripple’s very own investors.
Do you think, it will continue to drop?
In my way of thinkin, ripple is not a promising coin like ethereum, litecoin, bitcoin etc. For me, it is just dumping and pumping, and I think it is not a promising coin.