The ripple coin has been strugglign lately, and in the last week it seemed that it was continuing to do so. However over the last couple of days, it seems that the ripple coin has increased drastically in its price.
On the yobit exchange the price had topped $0.50, which is a very good price for the coin and is quite comparable to the prices that we were seeing even before the impending lawsuit as well. What could be the cause of this though? Are there more people perhaps that are taking a risk on the coin in hopes that the lawsuit will have a favourable outcome and therefore increase their investments?
What are your thoughts on this increase and the cause behind this? Or could this just simply be a pump of the coin to try and increase the price, pending a large sell off rate?