Thirteen suspects that this wave of Ripple's surge does not have much retail participation, but rather that the big players are pushing the market through wash trading, attracting the inexperienced investors to jump in.
The benefit of this approach is that the founders can cash out again, but the downside is that the inexperienced investors may be about to get burned again.
In this wave, the big players have gone too far, astonishingly pushing the market cap to third place; what qualifications do they have?
Of course, Thirteen no longer holds any Ripple; its price fluctuations have nothing to do with me. Thirteen is just worried that its rampant bloodsucking could impact the overall market during a pullback.
After all, it is no longer a small project, but a giant with the third-largest market cap.
If this asset experiences continuous pullbacks or even a halving, Thirteen wouldn't be surprised. Traditionally, during the oscillation cycles in the crypto space, both bulls and bears maintain a delicate balance. If the founders decide to cash out, the impact would be extremely detrimental.
Such occurrences have almost always happened with Ripple during bull markets. When will this happen again? Could it really be that it will get cut twice in a row?
Right now, Ripple is still being pumped and continues to drain money.
Everyone should be very cautious; the time may be approaching.
Thirteen is just expressing his true thoughts; please do not criticize if you disagree.