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AnnaGator123
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AnnaGator123Beginner
Asked: August 18, 20242024-08-18T05:01:11+00:00 2024-08-18T05:01:11+00:00In: Scams & Fraud Alerts

Could Ripple Be Using Influencers to Pump and Dump XRP?

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I heard a Rumor that Ripple might be pulling the strings behind some of the wild claims about XRP reaching astronomical prices.

According to an insider source (not verified, yet), Ripple isn’t just relying on hype, there are suggestions that they are directly paying influencers to promote outrageous price targets for XRP, from $589 to $10,000 per coin. And that’s not all. It was said that Ripple might even be using platforms like r/xrp to seed these speculative rumors.

The point of the rumors are that Ripple’s strategy involves inflating XRP’s price to offload their massive holdings gradually. This way, they can sell their tokens at elevated prices without causing a market crash. It’s a carefully orchestrated game of pump and dump, aimed at creating a long-term profit strategy for Ripple insiders.

Is this the ultimate investment opportunity or just a carefully executed scam to enrich a few at the expense of many? It defiantly sounds plausible. 

What do you all think? Drop your thoughts below!

pump and dumpripple xrp
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    1. CoinCritic
      CoinCritic Beginner
      2024-08-18T05:09:14+00:00Added an answer on August 18, 2024 at 5:09 am

      I’ve always been skeptical about XRP’s wild price predictions. The idea that Ripple could be behind the scenes, paying for these exaggerated claims, doesn’t surprise me one bit. Honestly, it’s hard to believe that so many people think XRP could hit those astronomical prices. With all those coins still locked in escrow, it could be a decade of dumping and dilution before anything major happens. Let’s face it, the crypto world is worth trillions, and fraud is practically a given in every network.

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    2. DataDriven
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      DataDriven Beginner
      2024-08-18T05:17:51+00:00Added an answer on August 18, 2024 at 5:17 am

      I’m not convinced Ripple is behind every rumor, but the idea that they might be inflating XRP’s price to dump their tokens does make some sense. Or maybe the XRP community is just really into wild conspiracy theories. It seems like you’d have to be a bit off your rocker to genuinely believe XRP will become the world’s reserve currency. Right now, that narrative is being pushed really hard, which makes me question what’s really going on.

      But, let me tell you, XRP is not going to become the world’s reserve currency or the primary payment system for global transactions.

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      • Jordan
        Jordan Beginner
        2024-08-18T05:33:32+00:00Replied to answer on August 18, 2024 at 5:33 am

        It’s possible Ripple is deliberately targeting less savvy or less informed investors with their XRP hype. Think about it, just like scammers prey on the elderly, Ripple might be focusing on individuals who are more likely to pour their life savings into XRP without a second thought. They could be counting on the fact that these investors might not question the hype and will dive in headfirst, making them easy targets for Ripple’s strategy.

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    3. MarketMaven
      MarketMaven Beginner
      2024-08-18T05:26:50+00:00Added an answer on August 18, 2024 at 5:26 am

      Absolutely, Ripple is using influencers to inflate and offload XRP. It’s clear that many of the big names on YouTube are on Ripple’s payroll.

      First, look at the timing of their hype. Whenever Ripple has a big move or announcement, suddenly these influencers are pushing XRP like it’s the next big thing. It’s too coincidental. Second, these influencers are always pushing the same narrative…XRP will reach ridiculous highs, and it’s just a matter of time. They’re not just speculating, they’re feeding a script designed to boost XRP’s price.

      Also, there’s a pattern with their content, with lots of overly optimistic projections and minimal scrutiny. It’s like they’re given a set of talking points and told to make XRP look unbeatable. And let’s be real, if you’re being paid to promote something, you’re not exactly going to focus on the risks.

      Ripple has the resources to make this happen, and it’s the classic playbook: create hype, pump the price, then gradually sell off the assets while everyone else gets left holding the bag. This isn’t just speculation; it’s how the game is played in the crypto world.

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    4. ebzmknyajq
      ebzmknyajq
      2024-10-27T01:34:25+00:00Added an answer on October 27, 2024 at 1:34 am

      Muchas gracias. ?Como puedo iniciar sesion?

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