At its core, the Ripple business model is a pump and dump scheme, as it undergoes numerous activities to increase the value of the XRP cryptocurrency (crypto). Unlike most crypto pump and dumps, however, Ripple takes numerous steps to obscure this basic fact. To clarify Ripple’s business model, I put together the chart below. Ripple’s questionable business model. The starting point in the chart above… Read more »
At its core, the Ripple business model is a pump and dump scheme, as it undergoes numerous activities to increase the value of the XRP cryptocurrency (crypto). Unlike most crypto pump and dumps, however, Ripple takes numerous steps to obscure this basic fact. To clarify Ripple’s business model, I put together the chart below. Ripple’s questionable business model. The starting point in the chart above… Read more »