There are a *bunch* of coins that lost over 20% in 24h, and the 7d-situation loo... | Hacker News

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		mschuster91 on Jan 16, 2018 \| parent \| context \| favorite \| on: Cryptocurrencies are collapsing There are a bunch of coins that lost over 20% in 24h, and the 7d-situation looks even worse with even huge coins like Ripple taking a 45% drop in value.

sidhuko on Jan 16, 2018 [–]

48 now. Ripple's being hit hard.

Cthulhu_ on Jan 16, 2018 | [–]

Ripple was way overvalued, it was intended to be about $1.

lawlessone on Jan 16, 2018 | | [–]

The creators have also pretty much premined or own all the "coin".

They even warned people on the Ripple website not to speculate on it.

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