CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

coinpedia 2025-05-06 01:52:25

XRP News: Ripple Blamed for XRP Price Stagnation, but Legal Expert Calls It a Myth

The post XRP News: Ripple Blamed for XRP Price Stagnation, but Legal Expert Calls It a Myth appeared first on Coinpedia Fintech News A recent post on social media has stirred up fresh debate in the crypto community, raising the question: Is XRP’s price being suppressed beyond the SEC lawsuit? The post quickly went viral, with some calling it unnecessary fear-mongering and others suggesting it hints at possible market manipulation. What Was Said? The post argued that Ripple’s monthly XRP sales, unusual network patterns, and historic price movements — particularly during XRP’s famous 2017 rally — hinted at possible price suppression. It even cited a study that found a negative connection between XRP’s transaction network and its price performance. Naturally, this raised plenty of questions within the crypto community. Expert Clears The Air However, attorney and XRP supporter Bill Morgan explained that the post made several exaggerated claims. For starters, he clarified that Ripple doesn’t own 43% of XRP’s supply, as the post suggested. According to CoinMarketCap data, around 58.5% of XRP is in circulation, excluding what Ripple holds in escrow. Morgan also said that Ripple’s monthly sales from escrow make up just a small fraction of the total market volume and have no impact on price. In fact, evidence presented in the SEC lawsuit revealed that Ripple took measures to support XRP’s price, such as locking up large amounts of tokens in escrow to reduce market pressure. This post in the thread is over generalised to begin with. Firstly, Ripple does not own 43% of supply. even @CoinMarketCap publishes that the circulating supply (excluding what ripple holes outside escrow) is 58.5%. Secondly, what Ripple releases from escrow and sells each month… https://t.co/XnTBuHaZJ7 — bill morgan (@Belisarius2020) May 5, 2025 He added that the SEC spent over 18 months investigating Ripple before filing the lawsuit, and if any proof of price manipulation existed, it would have been used in court. This, he argued, makes the suppression claims hard to believe. Further clarifying the situation, Morgan said that XRP’s price has historically followed the crypto market, moving in line with Bitcoin and Ethereum. This trend has remained consistent for the past four years, and little has changed to challenge that pattern.

阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约