🔥🤩🚀 Analyst Warns XRP Investors About Banks, Here’s Why👇
Monnie Brunt OkvK
Updated at: 7 hours ago
{"content":"🔥🤩🚀 Analyst Warns XRP Investors About Banks, Here’s Why👇
A crypto analyst has raised alarm bells for XRP investors, claiming that traditional banks may be strategically working to drive down the altcoin’s price under the guise of regulatory caution. According to the report, this strategy is designed to allow institutions to quietly accumulate XRP at discounted levels ahead of a potential breakout, ultimately reducing control from retail investors.
Banks Allegedly Suppressing XRP For Control
In a July 20 X media thread, crypto analyst Pumpius issued a stark warning to investors, alleging that major banking institutions are deliberately pushing negative narratives about Ripple Labs to drive down the XRP price for their gain.The analyst noted that the recent backlash over Ripple’s efforts to obtain a national trust bank charter and secure access to the US Federal Reserve system is not driven by regulatory caution.
He claims it’s part of a calculated attempt to discredit XRP while banks quietly accumulate millions of tokens at a discount.
Pumpius argues that labeling Ripple’s bank charter as “risky” may be part of a coordinated effort to spread Fear, Uncertainty, and Doubt (FUD) among retail investors. This tactic, he contends, allows institutions to pressure regulators and influence the media into publishing warnings that suppress XRP’s market value and slowly relinquish control from retail investors.
Also ,he analyst alleges that banks are not anti-crypto, but anti public access to transformative crypto assets like XRP. With Ripple inching closer to a full scale integration into the US financial system, including potential direct FED access, Pumpius suggests that traditional institutions may see XRP as a significant threat to their dominance.
The analyst also claims that the volatility in XRP’s price is no coincidence but a deliberate effort to shake out weak hands. He asserts that the ultimate goal is to transfer ownership from retail investors to institutional players before a major breakout occurs.
$XRP
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