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XRP FUD: Multiple Twitter bots found manipulating XRP investors by claiming token’s dev team has quit

Namrata Shukla

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XRP FUD: Multiple Twitter bots found manipulating XRP investors by claiming token's dev team has quit
Source: Pixabay

The cryptocurrency market recently saw a shift in the positions of two major coins on the CoinMarkeCap list – XRP and Ethereum [ETH]. Ethereum overtook XRP to promote itself to the second position and ever since, XRP and Ethereum have been in a tough fight for the spot. However, this game has been disrupted by an XRP FUD on Twitter.

On February 13, the members of XRP community and other holders started getting tagged in random people’s Twitter posts which asked them to not buy XRP as its team of developers were quitting to create another project, demotivating possible investors from buying the third-largest token.

Source: Twitter

Source: Twitter

These users are speculated to be bots by the members of the XRP community and it has been noticed that the same profile is tagging numerous other people and ‘warning’ them about the XRP dev team’s exodus.

Source: Twitter

Source: Twitter

Source: Twitter

Source: Twitter

One Twitter user @jeremy_87110 identified this ongoing trend and warned the community about the “anti-XRP” bots with no followers or following only those who are flooding people’s pages with such messages.

Source: Twitter

Source: Twitter

However, some members of the community laughed at this activity by the bots. Twitter user @Ahuerta17, replied to one such bot:

“Thanks for the info, didn’t know the dev team had abandoned the project! I’m going to sell all my XRP right now!!! #satire”.

While another Twitter user @XrpGoat said:



“This is terrible behavior, but possibly the most bullish news in a while! 😅 On a serious note, new investors deserve much better.”

Tiffany Hayden, a popular XRP proponent, was also made aware of this on-going FUD and she tweeted back saying:

“❗️What the hell? You are right. There are bots tweeting to individual users, warning them about XRP. I would say report them all, but reporting too many accounts might put your own at risk.
cc: @TwitterSupport
$XRP #XRPCommunity”

The active members have reported about this activity to Twitter and have reported these accounts but with new accounts popping every minute, it might get tedious for Twitter to act on this request. People have started speculating the reason or the person behind this act but could not put their finger on just one.





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Bitcoin

Bitcoin [BTC] is still going to $100,000, claims Heisenberg Capital’s Max Keiser

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'Bitcoin is still going to $100,000', says Max Keiser
Source: Unsplash

CNBC’s Crypto Trader Ran NeuNer, spoke to Max Keiser, Co-founder of Heisenberg Capital on the sidelines of the Magical Crypto Conference and discussed Bitcoin’s current trends.

Keiser said that he was bullish on Bitcoin in the long term, adding that he would be sticking by his “$100,000” prediction for Bitcoin. He stated,

“I never stopped make price prediction… I said it [Bitcoin] was going to a hundred thousand dollars and it was only a dollar and I said that all publicly… it is still going to a hundred thousand dollars”

He added that the timing of when Bitcoin would reach the mark was not important, but that it would outperform every other asset over the next 15 years. Additionally, he said that timing was only for people who were waiting to buy crypto at a better price and “that is a bad way to approach crypto.”

Keiser displayed his enthusiasm for crypto, commenting that, “Stack Satoshis… Stack SATs… you should be stacking SATs.” Giving his opinion on Bitcoin’s recent rally, Keiser said,



“I think that it goes back to when Federal Reserve issued a statement saying that they’re moving the policy to permanent quantitative easing… which means money printing without end. As you know Bitcoin is hard money, like gold, and it is going to respond well to hyperinflation and hyper-money printing.”

Further, Keiser claimed that Bitcoin bottomed when the Federal Reserve announced this a few weeks ago and that this was due to a couple of reasons. The first being Bitcoin’s upcoming halving which highlights the scarcity of Bitcoin. According to Keiser, the second reason was that the sellers were exhausted. All the above reasons, in totality, contributed to Bitcoin’s price rise, claimed Keiser.

Since Bitcoin has already proven itself as a store of value, Keiser remarked that it would be best to concentrate on Lightning Network, a layer-two scalability solution for Bitcoin and improve it as a medium of exchange.





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