TL; DR
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Someone spoofed an
Full story
The trendsetter in our 4th grade group? Nicole Miskowsky.
(Why do you want to know that?).
She bought things before everyone else → wore and helped popularize the item → abandoned the look before it was saturated.
It’s a bit like how crypto trading works:
Buy early → ride the hype → sell at the top.
…but what if the hype just doesn’t catch on?
One XRP investor recently took matters into his own hands to spread good old-fashioned fake news and artificially inflate the project.
Here’s what you missed:
When BlackRock issued an entity registration for “iShares Ethereum Trust” (referring to an ETH ETF filing) last week, Ethereum quickly surged past $2,000 for the first time in months.
So when there was a registration on Monday called ‘BlackRock iShares XRP Trust’, XRP shot up 12% in 30 minutes!
The only problem was…
The registration was false.
As a result, all of XRP’s gains were wiped out within hours.
Impact!