Altcoins News
By Dan Saada
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XRP investors have been hit with a bold warning by a well-known crypto analyst who claims that traditional financial institutions are deliberately working to suppress the price…
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On July 20, crypto analyst Pumpius took to X (formerly Twitter) to issue an urgent message. He alleged that major banks are actively shaping the narrative around Ripple and its…
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The main trigger appears to be Ripple Labs' effort to obtain a national trust bank charter in the U.S. This move could potentially grant Ripple direct access to the U.S.
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According to the analyst, this is not the first time traditional finance has acted in its own interest.
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Pumpius even goes further, claiming that the frequent volatility in XRP's price is no coincidence.
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Adding weight to these claims is the pattern of large-volume XRP purchases that often follow negative news cycles.
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In recent months, XRP has seen billions of dollars in transactions, and on-chain data shows accumulation by large holders is increasing.
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Pumpius describes this phase as an “accumulation war,” where the battlefield is public perception.
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For the average investor, this presents a difficult dilemma. On one hand, skepticism about the motives of banks and institutions may seem speculative.
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In conclusion, while there is no official confirmation of a coordinated effort by banks to suppress XRP’s price, the patterns observed by analysts like Pumpius raise serious…
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