Ripple price Which was able to reach the range of $ 0.7 yesterday and the highest amount in the last two months, has been accompanied by a 40% decrease.
To Report Kevin Desk, the price of Ripple has now dropped to 40% in the last 24 hours, reaching about $ 0.36. This was while the digital currency had advanced to $ 0.75 yesterday.
In recent days, there have been many rumors about Ripple and the price of this digital currency. These margins pushed the price of Ripple to 0.75 and then fell again to around $ 0.6.
Ripple price chart
Many analysts believe that the rise in Ripple prices in recent days has been due to investors' forecasts that prices will rise. It should not be forgotten that they suffered some huge losses in the meantime.
In connection with the reason for the decrease in the price of ripples, it can be suggested that a whale used the price jump and sold a large volume of its ripples. Pumps and dumps are nothing new in the digital currency market, especially the ripple market.
Activities in the Reddit Association
Interestingly, the director of the Ripple Association in Reddit has deleted the pre-arranged purchase forum; But Ripple's high-margin telegram group is still active.
