Ripple is taking a beating right now, with it being down 22.96% in the last 24 hours.
The real story, though, is how it lost $20.5 Billion in the space of 5 minutes! Does anyone know how this happened? Was this a bank withdrawing? Was it Ripple itself dumping the market?
Personally, I wouldn't touch ripple with a barge-pole. I do not understand why anyone would believe they have credibility because they are tied to the banks. If anything that removes their credibility! Also, we still don't know for sure whether the banks will use XRP.
Take a look at these screenshots and let me know what you think.
