Skip to main content

Here's a small recap of what happened earlier today with Ripple XRP:

1. Since $XRP pump announcement many of the #XRPCommunity prematurely jumped onboard and pushed the price from 27 cents to 77 cents in few days.

2. At the time of the pump #XRP price felt as low as 34 cents and found a support around 40 cents.

3. Reason for the price drop is simply because price of xrp peaked well before the pump date and time then whales at the exact time of the pump started to cash out for profit or short xrp.

4. The above resulted in incurring losses for some and gains for others,  but what is sure and certain is that this pump, pumped a new blood into the coin and raised awareness of its utility and the cheer power of the community supporting it despite the SEC lawsuit against Ripple accusing them of selling unregistered securities and despite the fact that most crypto exchanges in the US have either delisted XRP or halted / suspending its trading until further notice.

#BUYANDHOLDXRP

Ziad B. Tannous

Cryptocurrency Hub Admin

Add Reply

Cryptocurrency Hub Online Crypto and Blockchain Community
×
×
×
×
Link copied to your clipboard.
×