XCOININDEX.com logo XCOININDEX.com logo
2483 20636
Coins & Markets
Market Cap
24h Market Cap
68.03%
BTC Dominance
2019-08-24 18:19:44 Cryptopolitan

Is Ripple behind XRP’s bearish price action?

Ripple behind XRP’s bearish price action? XRP developed by Ripple Labs has been hated by many cryptocurrency traders across the last couple of years. However, now XRP seems to be getting even more criticism as its most loyal supporters feel “disillusioned” with it. Recently, news spread among the crypto markets that Ripple Labs hold a large amount of XRP and have been selling it to boost quarterly sales. These sales were made by utilizing inflated volume figures as a guide and have had a negative effect on XRP’s price action. Now many traders have launched a petition to convince Ripple