For those who do not know, there was a telegram group with over 100k members all informing people to buy XRP and hang on feb 1st. This spread like crazy, I had household members asking me if they ought to purchase XRP and hang on monday.
Evidence of group
Heres the result … 40% dump in a couple of hours leading up to the time the group was informing people to hold till.
If you were a victim to this pump and dump, Im sorry for your losses. This is a tough life lesson for anyone brand-new to investing. I dont mean to rub salt in the wound but this might be seen from a mile away, pump telegram channels ALWAYS have the exact same result. Its important you understand this to avoid getting burned in the future.
How did this get so huge?
The GME movement has actually triggered a chain response throughout all international markets and this pump and dump was perfectly timed to disguise itself as another revolution.
Sadly the XRP pump and dump is nearly the exact reverse, XRP is offered out totally free to huge services and stars who concur to a public partnership. Rather of screwing over the abundant. You simply pumped their bangs and provided a decent amount of volume to discard into prior to the suit.
submitted by/ u/KingNanoBunny.
If you were a victim to this pump and dump, Im sorry for your losses. The XRP pump and dump is almost the precise opposite, XRP is provided out for totally free to huge companies and celebs who agree to a public partnership. You just pumped their bangs and provided them a good quantity of volume to dump into before the claim.
Title: Message to everyone who was a victim to the recent XRP pump and discard plan.
Title: Message to everyone who was a victim to the current XRP pump and dispose scheme.
Sourced From: www.reddit.com/r/CryptoCurrency/comments/la3rkd/message_to_everyone_who_was_a_victim_to_the/.
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