XRP traded at $0.26406, recording losses of 61.45%, turning out to be the biggest one-day percentage drop since May 28, 2015.
XRP was trading at $0.40482 down 30.01% on the day, turning out to be the largest one-day percentage loss since March 12.
Ripple's XRP lost about 14% on reports that it will have to defend itself against a lawsuit from the US SEC.
At the time of writing, XRP traded at $0.57077 gaining 20.12% on the day, its largest daily percentage gain seen since 2017.
Ripple is presently the third most valuable crypto with a market value of $20.5 billion.
About 230 million XRP in just 3 transactions were transferred within a few hours ago.
The third most valuable crypto, XRP was trading at $0.49773 at the time this report was drafted, down by 10.07% on the day.
Recent transactions made by unknown investors reveals them moving over 725 million XRP worth over $400 million.
Crypto stakeholders who register their XRP in an eligible account will collect free Spark tokens in a 1:1 ratio when Flare holds the “snapshot” day.
Data seen by Nairametrics reveal that XRP traded at $0.61624 by 19:44 gaining 10.18% on the day.