Pump and Dump

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3 years ago

Right as I am writing this XRP is jumping in value even do most exchanges where pulling it from there sites because of the pending court case but yet XRP is pumping but its a false pump I believe its the same people behind doge coin gaining 224% on janurary 24th pumping its value up to nearly 0.03 cent which the last time I seen that jump even that value was the tik-tok pump where i think it hit just shy of 0.015 cent now doge still sitting at 0.02 at the moment but there is congestion on network proubly so many people dumping . But XRP was booming well into december after the last small Alt bull run in november where it hit 0.58 but looking at XRP over the last 24 hours its up just short of 50% or .14cent . Thats great for ypu if you had held on to XRP when it shot down in value you will make a profit but for people not following this whole pump and dump story could get punished by jumping in when its on a high just to discover they get burnt .

Please dont support this crap it will ruin crypto for everyone

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Avatar for Crackers
3 years ago

Comments

Pump and dump is a terrible practice.

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3 years ago

Total agree

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3 years ago

I'm still holding on tight with my XRP, waiting to gain a little after for so long. But I've read that there are already 100,000 or even more people in the pump-and-dump group.

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3 years ago

So i have heard the problem is they could ruin the whole crypto currency

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3 years ago

What does it mean by pump and dump group?

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3 years ago

There is a group on reddit that pumping coins the cashing out wen it hits a certain value

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3 years ago