XRP market cap manipulation?

[chenille]

The market cap of XRP is possibly manipulated at a large scale, published on different crypto news during the last days. In fact, half of the current market capitalization could be faked in favor of XRP. You can read more on cointelegraph: https://cointelegraph.com/news/report-xrp-market-cap-could-be-overestimated-by-billions

Another reason to stay away from XRP.

[jossiel]

What can you expect to a centralized coin? I'm staying away from such type of coins but there's still a massive support from that because it's the 'bankers' and people want that because there's an honest support from the mainstream.

I'm not really sure on how much the actual team holds but IIRC they can't dumped it accordingly. But at least they have the power to manipulate it and it's also possible that they've sold bunch of it during all time high days.

[makishart]

The market cap of XRP is possibly manipulated at a large scale, published on different crypto news during the last days. In fact, half of the current market capitalization could be faked in favor of XRP. You can read more on cointelegraph: https://cointelegraph.com/news/report-xrp-market-cap-could-be-overestimated-by-billions

Another reason to stay away from XRP.

Lol there are some words that looks interesting for me when the article stated that these parties are trying find the best way to liquidate all of their remaining ripple that hold by the foundation and various parties.
Totally crap coin with centralized system and manipulated of supply.

[team87]

Is this what caused the popularity of the XRP to date? If that is true, of course it will disappoint many people. There should be no manipulation. Maybe I misinterpreted XRP so far, because I think everything grows naturally and there is no slight manipulation  . Thank you for the information you provided, at least I can make analysis.

[cryptomaster420]

I actually paid for the report, and it's as legit as it gets.
However I don't think there's anything malicious by Ripple Labs. CMC's circulating supply is based on coins that can "technically" be moved - it doesn't exclude coins that are locked due to legal issues.
So the report itself shows how naive and non-specific the MARKET CAP valuation is, not that Ripple are doing anything wrong. The same way we can exclude lost bitcoins from BTC-s market cap, and if we do - it means that Ethereum was the #1 coin in some parts of 2017. But that would just be silly.

[Geenstijl]

Almost every single project cap is overestimated and total market cap is not that correct at all. I won't be surprised if more than 50% is fake. In my opinion it's the global problem, not only XRP.

[setifien19]

The market cap of XRP is possibly manipulated at a large scale, published on different crypto news during the last days. In fact, half of the current market capitalization could be faked in favor of XRP. You can read more on cointelegraph: https://cointelegraph.com/news/report-xrp-market-cap-could-be-overestimated-by-billions

Another reason to stay away from XRP.

In fact , XRP is the most mysterious coin in the market , as it could be white, it could be so dark.  From one side it's quite stable because it's centralised, but in the other hand it's unsafe to trade with because of the same reason

[BADBITCH]

The market cap of XRP is possibly manipulated at a large scale, published on different crypto news during the last days. In fact, half of the current market capitalization could be faked in favor of XRP. You can read more on cointelegraph: https://cointelegraph.com/news/report-xrp-market-cap-could-be-overestimated-by-billions

Another reason to stay away from XRP.

I think there is no need to stay away from ripple, all that is needed is to play safe and pick the right spots

Every token on coimarketcap at one point or the other has done manipulation and it is not new.
But there are alot of uncertainties in crypto currency and it could be just another fud

[carbal1987]

Today XRP made good growth I really like this coin and often launch it to the moon and maybe he will go first up well

[pixie85]

Almost every single project cap is overestimated and total market cap is not that correct at all. I won't be surprised if more than 50% is fake. In my opinion it's the global problem, not only XRP.

It is and all this hype is based on their future acceptance that they are promising to achieve. XRP is not a new coin. It had years to make deals with banks and merchants and it did nothing. Some say that Bitcoin also didn't do much but Bitcoin isn't a company. It's not paying for promotion and it doesn't have a board of directors who take care of business deals. XRP is using some of its coin supply to pay for advertising and to pay wages of Ripple employees. Ask Garlinghouse how much he's earning every month.

[bettercrypto]

I think the negative news about market cap manipulation is just a black propaganda against XRP. There might be people envy on what XRP is achieving for. Price manipulation can't be proven. So, there's no proof that XRP is manipulated. Thus, stop negatively speculating on XRP. Give it a chance.

[kawetsriyanto]

Can I believe with this news and stay away soon from XRP? No man, I think it is still too fast claiming if XRP market cap is manipulated. I think it should have more valid proofs to know whether the news is true or wrong. Since we are in bear market, and yesterday ethereum has new forks cases, I think we must be wiser to understand a current news. How if the news is only FUDs or a wrong accusation, it is possible to happen because of the competition among the platforms. So, I don't trust it now, I will wait for the further news.  

[thunderbitz2717]

Even last year, when XRP is growing its market cap, they would say that it is manipulated. Now, when it is continuously staying on the second spot for a long time, they are still saying it is manipulated. How could you say that it is manipulated if it has been there for a some time now.

[farosa]

Even last year, when XRP is growing its market cap, they would say that it is manipulated. Now, when it is continuously staying on the second spot for a long time, they are still saying it is manipulated. How could you say that it is manipulated if it has been there for a some time now.

The whole crypto market is being manipulated, though not proof. This is another reason why the price is so volatile. Actually, I don't support the XRP, but if the profit is the common goal of all of us, I think it doesn't make any difference.

[creeps]

The market cap of XRP is possibly manipulated at a large scale, published on different crypto news during the last days. In fact, half of the current market capitalization could be faked in favor of XRP. You can read more on cointelegraph: https://cointelegraph.com/news/report-xrp-market-cap-could-be-overestimated-by-billions

Another reason to stay away from XRP.

From its peak until today, I knew this coin is being manipulated and its too risky if you play long with XRP. They are trying to liquidate more money with a help of their investors. I think this is normal now in cryptoworld since not just XRP are being manipulated, also the exchanges who are trying to still money from us.

[CryptoAssasin]

There could be a chance that those who making such story with XRP are the manipulators to bring down the price so that they could get it as many as possible, don't they? If this accusation will be proven, it will be very bad for their reputation which may drop them down to top 10 in coinmarketcap. Ripple should clarify this accusation to avoid further damage on their credibility.

[ronwewee]

No, I guess XRP are used by big companies as well as Coinbase in their transactions well, XRP or ripple is competitive enough to make its market value increase in compared to other altcoins in the market.

[Jpti]

Why are you so much against ripple? In face, the crypto market is just something like manipulation. Not only in cryptocurrency, stock market is no exception. If you bases manipulation to go against XRP, you cannot like any other coin. I cannot ask you to like ripple or any, but we must accept manipulation. But we investors should be always on the look out to leverage benefit from cryptocurrency.

[RasenShuriken]

Well, the fact is XRP is easier to be manipulated from the 1st wallet on the blockchain since its centralized, you cannot hide the fact.

[MemberBerries]

That thread here



What a crap lol


Buttcoin maxis firing out of all rifles but its to late lmao

Enjoy those ancient bags