Yesterday, Ripple Labs scored a small victory, winning one of its many ongoing legal suits. Fast forward twenty-four hours, and the Ripple price has corrected. But why? Is XRP’s activity Wednesday linked to the Ripple lawsuit? Or is there another catalyst that’s helping the price?
Suit Denied, Ripple Price Correcting: August 15, 2018
Ripple Labs has been slapped over and over again with lawsuits this year. In fact, the last one came on August 9. For these reasons, the Tuesday win is likely a breath of fresh air for Ripple Labs and the XRP community.
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