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Xrp, the top 3 Crypto, with such a bright future...became a shitcoin!
It really hurts to see one of my favorite coins to become what a shitcoin. Today I was surprised to see it going up for more than 50%. Last few months were some of the worst for XRP, most of the bad things that happened to it were covered in my previous posts.
Today, after it got pumped about 50% it dropped more than that...Nobody, and when I say nobody I mean serious investors and HODLERS hate to invest in cryptos that get pumped and dumped.
Price broke up, touched 0.75500 and then it got dumped so hard it hurt my eyes to even see it. Right now Xrp is holding on 0.35 support area.
To be honest my hopes for Xrp are dead!
I think that this coin will keep devaluating and people will lose interest or even worse...they'll be scared to even put their money in Xrp. It will pretty much be like betting your money in that.
I read some news that there was a Telegram group with 200k members that is named ''Buy and Hold XRP'', their intentions were to put the price above 0.60 and hold it there but it seems like the name of Xrp is just a jinx and most of the people used this chance to sell all of their Xrp because I'm pretty sure they lost their faith in Xrp as well.
What do you think about Ripple?
Will you buy and hold??
theatdhe!