Xrp crash reddit

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XRP, the third largest virtual currency with billions of dollars in trading every day, is a currency like the SEC has deemed Bitcoin and Ether, and is not an investment contract. This case bears no resemblance to the initial coin offering cases the SEC has previously brought and stretches the Howey standard beyond recognition.”

cointelegraph.com - XRP, the number four cryptocurrency by market cap, crashed nearly 50% in under two hours on Feb. 1 as a trading frenzy backfired on new investors. XRP … Reddit rage as XRP price crashes 50% hours after hitting two-week highs - Flipboard Hi there. I know that there is a pending lawsuit involving Ripple and as of now, the price of XRP is going downhill. I don't know what to do. Should I swoop in while the price is kind of low, or should I invest it on other crypto since it still has a pending lawsuit. XRP has just surpassed its arch-rival, Polkadot, amid strong buying pressure from an army of relatively young traders on Reddit.

Xrp crash reddit

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During the crash, XRP dipped to as low as $0.10 from steady levels around $0.25. At the time of writing this, XRP is valued at $0.192 indicating that it has recovered by a factor of 0.768x (76.8%) of the value before the Coronavirus crash. BitMEX Breaks Silence on XRP Price Crash, Explains that No XRP was Liquidated Several traders were beside themselves earlier this week as they got ‘Bitmex’d’. BitMEX experienced a 60% flash crash in a single candle.

CRASH! A quarter of a value eroded in less than a day! XRP never fails to i didnt wanna miss out.. i didnt miss out alright i didnt miss out on the crash. 12.

Xrp crash reddit

Reddit traders’ new target offers a lot of volatility—and losses—as XRP sees the volatility burst on Monday. XRP, the number-four market capitalisation cryptocurrency, plummeted nearly 50 percent in less than two hours on Feb. 1 as a backfired trading frenzy on new investors. Ripple/XRP’s channel, in particular, has seen a 63.89% loss in members since June 2018, falling from 64,525 members to 23,299.

Xrp crash reddit

Feb 01, 2021 · XRP fell by a stomach-churning 45% in the space of three hours on Monday — with an ill-fated pumping scheme burning new crypto investors. The embattled altcoin had made steady gains over the course of the past seven days, rising from about $0.27 to highs of $0.74 early on Monday.

Xrp crash reddit

XRP is the fastest & most scalable digital asset, enabling real-time global payments anywhere in the world.

XRP is the fastest & most scalable digital asset, enabling real-time global payments anywhere in the world. Using XRP, banks can source liquidity on demand in real time without having to pre-fund nostro accounts. Payment Providers use XRP to expand reach into new markets, lower foreign exchange costs and provide faster payment settlement.

XRP. The crash. The short gist is that there was chatter around Telegram and Reddit groups about a concerted effort to pump the price of XRP. The pump was supposed to happen at 6:30 pm (PH time) and the XRP army were shilling it hard on Twitter and elsewhere. You can already guess from the chart below what happened: FinCEN At the time of publication, XRP plunged to $0.40 after several pump groups pushed it to over $0.70. As reported by CNF, XRP began its rally yesterday. In the style of the r/WallStreetBets Reddit group, a group of XRP investors decided to band together to push the price of XRP. Jan 31, 2021 · XRP, a digital token created by the company Ripple, has added more than 50% to its price over the last 24 hours, climbing after dogecoin crashed—losing over half its recent gains In 2019, the crypto market exploded as XRP peaked at $0.51 USD across major exchanges keeping investors hopeful for a possible bull run. However, since July XRPUSD bears have picked up their strength pushing the price to a mere 21 cents a token and the selling pressure looks set to continue in 2020.

The latest target of Reddit traders provides plenty of volatility — and losses — as XRP sees a burst of volatility on Monday. XRP, the number-four cryptocurrency by market capitalization, crashed nearly 50% in under two hours on Feb. 1 as a trading frenzy backfired on new investors. Reddit rage as XRP price crashes 50% hours after hitting two-week highs XRP , the number-four cryptocurrency by market capitalization, crashed nearly 50% in under two hours on Feb. 1 as a trading XRP/USD 1-hour candle chart (Bitstamp). Source: TradingView XRP traders nurse 48% losses. Data from Cointelegraph Markets and TradingView showed that extreme volatility set in for XRP/USD during Monday trading, hours after now-infamous Reddit group r/Wallstreetbets opted to buy the token en masse. cointelegraph.com - XRP, the number four cryptocurrency by market cap, crashed nearly 50% in under two hours on Feb. 1 as a trading frenzy backfired on new investors. XRP … Reddit rage as XRP price crashes 50% hours after hitting two-week highs - Flipboard Hi there.

Xrp crash reddit

While the asset is already down to $0.255, per data from CoinMarketCap — 25% lower than the ~$0.342 high seen just 10 or so days ago — a few analysts claim that XRP’s prospects are only looking harrowing from The similar thing may be happening with XRP currently. One of the largest hedge fund Grayscale has flipped its acquisition pattern with XRP. It is well known to acquire major assets like BTC and ETH, and now with a recent update, the firm has accelerated XRP holding by 8.5% since the price started plunging. Mar 08, 2019 · However, if XRP price breaks beneath this range, it is probably going to crash hard towards $0.3000. A new major resistance is formed around $0.3150 and XRP price needs to break this resistance in order to start a fresh upside correction. If this resistance is broken, XRP will again test the resistance around $0.3200. Watch this video to find out why the XRP (Ripple) price chart is stipulating a price drop to .25. It's time to stop the confusion.

Join this channel to get access to perks: https://www.youtube.com/channel/UC23Tb0Q1b0Vd3-m5As6N59Q/join Join The Discord Channel! https://discord.gg/Tb7aSKC Dec 13, 2020 · Cryptocurrency XRP drops 10%, biggest fall since December 4. The third most valuable crypto, XRP was trading at $0.49773 at the time this report was drafted, down by 10.07% on the day.

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The value of Bitcoin, well most of it anyway is in the hands of a few very rich people who will lose most of their wealth if Bitcoin crashes. Analysts say that this will have little impact on the entire crypto market.

XRP … Reddit rage as XRP price crashes 50% hours after hitting two-week highs - Flipboard Hi there. I know that there is a pending lawsuit involving Ripple and as of now, the price of XRP is going downhill. I don't know what to do.