Ripple's Recent $XRP Sell-Off Sparks Price Concerns
Ripple's periodic selling of XRP tokens has once again come under scrutiny following two significant transactions totaling 240 million XRP tokens.
Speculation within the XRP community questions whether these sales triggered the recent price crash, despite Ripple's denial of direct responsibility.
Pro-XRP voices suggest Ripple's monthly sales suppress XRP's price, while others argue otherwise. The persistent decline in XRP's value, despite its promising fundamentals, prompts discussions on potential market manipulation.
As XRP remains among the top 10 cryptocurrencies by market cap but with a negative year-to-date gain, the question persists: Who or what is behind XRP's underperformance?
What are your thoughts on this? Are you aware of this concern within the
#RippleXRP community? 🤔