fxstreet.com 01 Feb, 2021 14:45 am

XRP price goes under extreme manipulation by new Telegram group

XRP price goes under extreme manipulation by new Telegram group
XRP price shows a substantial uptick per a Telegram group's plan to pump the cryptocurrency on February 1. Although the pump is planned at 13:30 GMT,

Santiment’s holders distribution chart shows that the number of addresses holding 1,000 to 10,000,000 XRP has been dropping fast ever since prices began rising on January 30.7% and was noticed among whales holding 1,000 to 10,000 XRP.Meanwhile, those with 100,000 to 1,000,000 XRP took a 3.XRP price shows a substantial uptick per a Telegram group's plan to pump the cryptocurrency on February 1.

XRP price reacted quickly to the group's call to pump the token towards new yearly highs.A potential spike in sell orders could see XRP price enter a consolidation phase or pullback towards the $0.

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