Analyst warns XRP’s gains are ‘not natural,’ labels it ‘pump and dump’
XRP has witnessed one of the most iconic price breakouts in the cryptocurrency market, but to one analyst, this momentum does not add up. Rajat Soni has questioned the legitimacy of XRP’s growth, describing it as ‘not natural’ and suggesting it could be part of a ‘pump and dump’ scheme, he said in a post on X on December 3. Soni highlighted XRP’s 435% surge since November 2 while pointing out its relatively modest 11% growth since 2018, which he called inconsistent. Picks for you Jim Cramer reveals what could cause the next U.S. stock dump 42 mins ago U.S. politician just made a super suspicious crypto trade 2 hours ago Ripple p...