xrp broke $0.01!
yes, i'm excited
yes, i'm excited
Yes, likely they are pumping it up in preparation of flooding the market with another 1.4 billion ripple.
Ripple tokens available on the market as of December 25th 2016 = 36,003,596,482
Proof:
http://coinmarketcap.com/historical/20161225/
Ripple tokens available on the marker as of today = 37,388,960,792
Proof:
http://coinmarketcap.com/
That's 1,385,364,310 or almost 1.4 billion more tokens. Likely at current rate of release another 1.4 billion tokens will be released by July. At today's price that represents a little over $14,375,000 US for the 1.4 billion tokens. Or if they continue to be released at the same rate approximately $57,500,000 US for 2017. Not bad for something created virtually out of thin air. I wonder how deep the pockets of the gullible are. The efforts being put into pumping the token suggests a large release of tokens is imminent. The ripple team is really going to enjoy their summer at the public's expense.
This is a great point and nice analysis.
However, there are ppl out there that have been buying millions of xrp for the last 3 or 4 years at the price between $0.005 and $0.01.
They are in the green now so the decision on what to do is theirs.
I find it bullish that ripple sells/loans XRP at the rate of hundreds of millions per month at or around the current exchange rate.
But some ppl aren't here to grow their wealth but rather be FUD philanthropist.
, take care of yourself my friend at this dangerous time of market 
