Ripple News Today – Investors Uncover New XRP Scam That Intimates Ripple Tricking Them Through Constructive Emails – May 22nd, 2020

  • Latest XRP Scam Tricks People By Pretending to be Ripple Through Emails
  • Ripple XRP Starts Recovering as the Weekend Approaches

Ripple News Today – Scammers are always looking for innovative ways to cheat people and make away with the funds. Even before cryptocurrencies were created, cybercriminals have been cheating people. The cryptocurrency era has only made things easier for these fraudsters to operate because of the nature of the underlying blockchain technology. The latest cryptocurrency scammers are targeting the XRP community. The scammers send emails to members of the cryptocurrency community with a particular focus on the XRP community. The scammers have been able to fool several people because of the nature of the emails. All the emails are written in correct English with no grammatical or typographical errors.

Ripple News Today – XRP Investors Have Been Victims of Scams

Over the last two years, XRP has been the worst-performing cryptocurrency on CoinMarketCap. The negative price action of the token has been rather discouraging to members of the XRP community. The most annoying part about the bad price action is that Ripple has been making a lot of progress but it hasn’t been able to rub off this progress on the price of XRP. As if the poor price action is not bad enough, XRP holders now have to worry about being scammed by people who are pretending to represent Ripple. These scammers invite people to enjoy certain incentives or register for them. The scammers subsequently take their details and use it to steal all their tokens.

XRP (XRP) Price Today – XRP / USD

NamePrice24H %
ripple
XRP(XRP)
$0.233
-5.33%

XRP Price Prediction 2020 – Ripple XRP Price Prediction 2020 

The buyer’s sentiment for Ripple has dropped significantly since the bear market started. The fact that Ripple keeps selling XRP tokens to fund its projects hasn’t encouraged investors either. People are leaving the XRP community because they are worried that the token might never recover. The investor’s sentiment must start increasing soon. Otherwise, the XRP community will stand the risk of losing everything. More people in the cryptocurrency community are buying the idea that XRP is a scam project. Fortunately, the project is legitimate and the token has managed to maintain its position as the third-largest cryptocurrency on CoinMarketCap.

Ripple Price Prediction 2020 – XRP Price Holds the Support at $0.2000 and May Move Higher this Weekend

Over the last 7 days, the price of XRP has maintained the support at the $0.2000 level. Even if the bulls haven’t been able to gain any significant momentum to break the immediate resistance, not falling below $0.2000 is a big deal for XRP. At the time of writing, the token was trading at $0.200319. This means that it is up by 0.43% against the USD and up by 2.28% against Bitcoin BTC. The trading volume over a 24 hour period is $1,926,409,840 and the market capitalization is $8,836,649,626.

Ufuoma Ogono is a cryptocurrency writer with over 3 years experience in the cryptocurrency industry. She dedicates her time to sharing valuable information to members of the cryptocurrency community.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.