Chris Larsen donated more than $1m to Kamala Harris' political campaign in XRP lately. However, the Democratic US presidential candidate lost against Republican contender Donald Trump. Considering Kamala's "embarrassing" loss, does this mean XRP lost too? After all, XRP was donated to her political campaign. Trump expressed his rejection of a US CBDC, so a centralized coin like XRP will be heavily-scrutinized in the upcoming administration.
I think a huge "dump" awaits for XRP soon. Don't you agree?
I think a huge "dump" awaits for XRP soon. Don't you agree?
The only problem with Xrp is that it is really manipulated by whale investors in the crypto space. Then it is also one of the centralized coins, so even if we say that there is truth that its price will rise for sure that those who manipulate it have a target price.
And once they reach their goal target, that is where they will take profit, where the majority of the xrp community will buy more xrp thinking that its price will continue to rise,
without knowing that it will fall again because of the retracement that will be made.