Recently the S.E.C. has begun a lawsuit against Ripple (XRP), This has caused a tremendous drop in the price of XRP over the last few days. It hit a low of around $.22 before retracing to about $.31 as of this post.
This "crash" in price has definitely shook alot of new comers to the XRP community completely out, those of us that have been in full Hodl mode for a long time just bought more XRP during this Dip. I believe the S.E.C.'s Jay Clayton done this right before resigning, as his last action for a reason.
I think the "elite" needed to shake as many normal investors out as possible to reduce the immense transfer of wealth that will occur related to XRP over the next year or so. So....for those of you holding Steadfast in these dreary times....HODL WELL My friends. Don't let them shake you out as well!!!