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XRP +0.53% 1.39

XRP -1.85% 0.002035

XRP -8.73% 0.00006934

Is wallstreetbets pumping Ripple (XRP)?

Reddit group WallStreetBets, after deciding to drive up the value of GameStop’s (GME) shares and the price of the crypto Dogecoin (DOGE), has now apparently decided to pump Ripple (XRP). In fact, today at 2.30 PM CET, the group set out to buy XRP en masse and thus cause its price to skyrocket.

What is R/wallstreetbets?

r/wallstreetbets, also known as WallStreetBets or WSB, is a subreddit where participants discuss stock and option trading.

Is XRP the new coin of focus in R/satoshistreetbets?

XRP price underwent a strong 86% breakout in the early trading hours on Jan. 30 as the fourth-ranked cryptocurrency by market cap became the new coin of focus in the r/Wallstreetbets cryptocurrency-focused off-shoot r/Satoshistreetbets.

What caused the XRP price to skyrocket?

In fact, today at 2.30 PM CET, the group set out to buy XRP en masse and thus cause its price to skyrocket. Before getting caught up in the hype, it is worth noting that Dogecoin – after this pump – went down again just as quickly.

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