🛑Stop Loss 🏹Hunt on XRP

Jul 12, 2023 3:36 PMPublished Jul 12, 2023 3:36 PM

The price of XRP against the US dollar fell sharply to zero on July 10 on the Poloniex crypto exchange, eliciting concerns among proponents

thecryptobasic.comXRP Price Falls to Zero on Top Crypto ExchangeThe price of XRP against the US dollar fell sharply to zero on July 10 on the Poloniex crypto exchange, eliciting concerns among proponents

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In an odd occurrence, the USD value of the sixth-largest cryptocurrency by market capitalization, XRP, plunged massively as this seems to be a glitch on the Poloniex crypto exchange.

In particular, the XRP price fell to $0 on July 10 on the Justin Sun-backed trading platform, as seen on the XRP/USD weekly chart on Tradingview. However, the asset’s dollar value quickly recovered to close the day at the $0.47 price point.

This is not good. Price manipulation aka stop loss hunt. How many were liquidated ? The SEC has grounds to be declared a security.

🛑Stop Loss 🏹Hunt on XRP

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