Altcoin News: New Petition Called Ripple to “Stop Dumping” XRP

August 9, 2019, by Marko Vidrih on ALTCOIN MAGAZINE

Twitter commentator Crypto Bitlord filed a petition on Change.org, which called on Ripple to “stop dumping” the company’s XRP cryptocurrency.

“Ripple continue dumping billions of XRP on us, crashing the price!”, he writes. — “ Its amazing this sort of behaviour is widely accepted in the crypto world. Sure we know that XRP is a solid coin with major potential but this needs to stop!”

The author laments the fact that Ripple publishes news about cooperation with new banks every day, but “it manages to keep on dumping.”

“The only logical explanation is that Ripple are dumping on us. And not small amounts either. Literally billions. We have seen the reports of them disclosing this so its a fact.” the author notes, referring to the reports published by the company.

Crypto Bitlord calls for a world in which Ripple will not behave in such a disastrous way.

“You and I both know what happens. We pump. And pump. Like the good old days…. Now we need over 10k signatures to help support the cause and stop the price decline. If they stop selling, its more likely the strong demand for this quality coin will naturally pump the price back to ATH and beyond!” he concludes, imitating cryptocurrency supporters.

By the time of publication, 978 people had signed the petition.

Earlier, Coinshares, the digital asset management company, called XRP the worst cryptocurrency in the first half of 2019.

Author: Marko Vidrih