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All of the XRP ruling gains have officially been erased.

All Cryptocurrencies

by COINS NEWS 104 Views

Basically all the altcoin gains that followed successful XRP ruling have been erased these last few days, but now officially even XRP's huge gains have also been erased. After it was ruled by judge Torres that XRP is not a security XRP's price went almost instantly from 48 cents to 81 cent and now at this moment price is back to levels of 48 cents just a month later.

Altcoins like Polygon that went up after the ruling from 72 cents to 85 cents are down in much deeper red than before the ruling by leveling at barely 57 cents right now meaning Matic is down 21% since even before XRP ruling gains. Only top 50 altcoin that has its price still slightly higher than prior to XRP ruling is XLM which was on 10 cents prior to ruling, and now it is treading around 11 cents, but even that could be erased very soon considering the constant downshift towards the bottom.

Algo that also had a positive bump of around 20% following the XRP ruling has now retested its new all time bottom at just 9 cents. So Algo dumped since then even more than others considering it is now officially out of top 50 coins on coingecko by marketcap.

submitted by /u/mbdtf95
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