Bitcoin Forum

Hi,
I'm wondering does anyone knows why did XRB mooned? cause from 20M$ MC to 4B$ MC in 1 month is pretty insane.

what is XRB, I only know XRP

Railblocks

many people paniced, and thought wow this coin has no tx. fees thats definately the future,

especially former bitcoin holders thought that,

this way xrb mooned,

but my opinion is that no tx. create a unstable system

raiblock do a lot of advertisement right now on social medias
they got tons of followers on twitter and on fb i think that's the main reason why

it literary mooned from 3000 satoshi up to 281,000 satoshi. in less than a month!.
and i think it is mainly because it is a small altcoin which is not listed on any exchanges out there that matter which makes manipulating it that much easier. they can pump this coin to that much with a little money. of course now the volume has grown bigger but in the start it was easy to start the pump.

Actually it was added to big exchanges. More people knew about this project. Raiblocks was in the shadow for long period of time and looked very undervalued.

But doing a 100x in under a month? There must be a big trigger somewhere.

This is almost 1000x return and it's huge man. I can't even imagine how it could manage to do this price pump. Somebody is pumping it hard, maybe rich people. It's not looking like a regular market demand for xrb.

But when checking the numbers over 80% of the volume is from Bitgrail.
RightBTC serving 0.04% of the total volume and Kucoin 10%.
This is freakishly weird.

because it is a crypto with 0 fees and instantaneous transactions. The only one that exists.

Winning the Binance community vote will also push this coin. And I tried it myself to send xrb from one to another exchange. No fees and within seconds they arrived.

Instant and feeless transactions. I don’t think any other currency matches it atm. News of getting listed on major exchanges also spiked the price.

Because of 2 things,first it will probably be listed on binance next month and with it acces to a way bigger market and money flow.Second one is that a probably biggest crypto youtuber(data dash)made a video about it saying how good coin it is.Also small nubmer of coins with promising techonology,price action was bound to happen

I heard that there are many big banks use Ripple technology in their international payment system. Mayby, that is the reason why XRP price goes to the moon

"RaiBlocks is introducing a brand new block-lattice architecture in which accounts will individually have their own blockchain that creates the lattice and achieves consensus by Proof of Stake (PoS) voting. Transactions are instant, with no fees, and has no limit to the scalability, making RaiBlocks perfect for peer-to-peer transactions. There is no mining, and the amount of power required is miniscule making every day transactions for consumers a reality."


Every coin that has a new technology which is proofed to offer superior characteristics is a safe buy. Just remember when people found out about ETHs smart contracts or IOTAs tangle. Now its time for lattice  ;D

If I only read that paragraph a month ago haha.

Now Bitcoin is in flat position.
+-10% to price doesn't matter at all. A lot of altcoins grow now without any reason.

we are talking about XRB here not XRP :) maybe try to read first some of the comments before commenting also

This seems the most likely explanation, especially being added to Binance - just look to the price of BNB to see the effect it has.

I think current bull trend in the market affected it lot. All the coins relatively had great days getting higher prices. Public recognization affected the market deeply. Raiblocks had nice share.

Yes i agree with you that there must be some trigger to this explode as here you can see that Railblocs was previously very undervalued and now it has been some great increase in cap and also the participation has been grown to a big extent and that is all because of high manipulation and people are pumping behind the screens. This is almost 10x to 100x returns made if you are holding the rail blocks from starting but no matter even now you can track it for long-term investment and find a dip and then enter in that particular coin.

The thing was it was a solid tech to start  with but didn't have much exposure and the marketing hasn't kicked off until recently

Every coin have their own way to get moon or downtrend so that's why altcoin market far more riskier since it's difficult to predict and also there are so many ICO getting occur recently.
If you believe on XRB , just invest it now or you will regret once again !

I bet this is because the Binance listing, Xrb wins the community coin competition this week so it is possible to get 5X like the other did. it went very high since December 20

XRB has been steady for several days, and its market cap is already large. On the other hand, it's listed on few exchange sites and its tech could be game changing. When it enters Binance it may rise again, but maybe part of that expectation is already priced in. I have some XRB and it's one of the coins I tell myself not to sell, but I don't have more funds to invest and I see other coins rising like hell right now. Should I hodl, or sell to buy other coins? Is there that much room to grow, considering its market cap? What do you think? My gut tells me to hodl.

yes, i believe another pump after listing on binance will take place. it went upto 33$ even before start of community coin contest there, so i don't think it affected the price yet. and listing on such a big exchange at this moment when XRB is so hyped will lead at least to 2x i hope.

Yeah, that's what I think too. For some reason, XRB is one of the coins I don't want to sell, even if I don't know exactly why. I guess you expressed in words what my gut is trying to tell me  ;D

PS: Finally, is it true what was mentioned about a possible rebrand to Nano? If so, that could push it a little further too (cool name).

That is how you spot a dumb and doesn't really what he is investing. Going back to xrb, the crypto community tired of transactions that takes forever and expensive fees so they discovered Raiblocks.

Binance going to win voting competition to list on Binance, that why the price grow much these day. Dont enter at this price, be patient and you will have chance to buy with lower price.  ;D

It got shilled very very very hard on twatter and reddit.
All the "cryptotwatters" told how good it is. So it needs to be pumped. But thats easy with a few accounts with 20-50k followers.
Most noobs thinking the cryptotwatterguys are good.. but they only pump their own bags like charly lee did and then they dump on their followers