XRPUSD jumps 100% in pumped weekend trading

The price of Ripple (XRPUSD) has surged in weekend trading. On Friday the cryptocurrency had been struggling to make headway despite the charge higher in both Bitcoin and Ethereum. The reason for that was as before, and due to the overhanging negativity caused by the SEC lawsuit. This claims that XRP should have been filed as a security before it started trading. However, over the weekend lawyers acting for Ripple demanded that the SEC release documents explaining why they had allowed both Ether and Bitcoin to bypass filing with the SEC as a security. This demand many infer that the current action against XRP is uniquely unfair and potentially cause it to be dropped. The other driver for the surge in the price came following calls on various SM platforms, such as Reddit, to pump the price of Dogecoin and XRP, in very much the same way that played out with GameStop. XRPUSD traded to as low as 0.2477 last Thursday. On Saturday the price rose to as high as 0.5159. Wherever this one heads to now, it is certainly back in play given the latest news. That also increases the chance of more volatility in the coming days. XRPUSD is currently trading at 0.4870