How Ripple’s Monthly XRP Sales Link to Potential Price Suppression, According to Expert

How Ripple’s Monthly XRP Sales Link to Potential Price Suppression, According to Expert

The post How Ripple’s Monthly XRP Sales Link to Potential Price Suppression, According to Expert appeared first on Coinpedia Fintech News
In a recent survey led by pro-XRP crypto vlogger “Jungle Inc.,” the community shared its views on the prevalent notion that XRP’s price is subject to manipulation. Thousands participated, with an overwhelming majority asserting that the price of XRP is indeed manipulated.

Do you believe the price of XRP is manipulated or suppressed in some way?
— Jungle Inc (@jungleincxrp) November 27, 2023

Jerry Hall’s Questionary Perspective
Prominent crypto YouTuber Jerry Hall, a figure in the XRP community, expressed his belief in XRP’s price suppression. He pointed to Ripple’s monthly market sales, suggesting that these sales were strategically orchestrated to finance Ripple’s operations. 
According to him, these sales serve a dual purpose: facilitating the financing of Ripple’s operations while, in his view, leaving XRP holders in a posit

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