Litigation and Steady Price Decline — Can XRP Sustain Such Attrition?

Ripple has long occupied a controversial position in the cryptocurrency industry. The ascension of Ripple’s in-house token, XRP, to the position of the second-largest cryptocurrency by market cap was enough validation for some that the company was set to play a major role in the industry for many years to come. However, since those halcyon days, momentum has slowed, and aside from a few notable blips, the company has been dogged by rumors and a steady decline in XRP’s value.

Ripple fails to make waves online

Because of the ambitious philosophical goals at the heart of the cryptocurrency ecosystem, it is not uncommon to see investors who favor one particular token, battling it out behind their keyboards on social media. XRP’s defenders were among the most vocal. 

But it seems that the token’s “XRP Army” is struggling to fill the ranks. According to a new study by social trading and investing platform eToro and crypto data provider The Tie, which indicated that discussion…