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XRP Crazy Surge Behind: Is it Manipulation or Something Else?

Recently, XRP in the cryptocurrency circle has gone viral, with its performance being nothing short of a crazy surge! On November 6th, it was still hovering around $0.54, and in the blink of an eye, it skyrocketed to $2.6, pushing its market cap ranking forward, even squeezing Sol down, attracting everyone's attention.

Is this surge a result of manipulation behind the scenes, or a normal market behavior? Many people are puzzled. However, upon closer inspection, XRP's official “magical operations” on the news front has indeed provided significant support.

On November 2nd, the official Twitter account released the Q3 market report for 2024, which seemed routine but actually contained hidden mysteries. It specifically mentioned the launch of Ethereum ETFs, the rising speculation around the U.S. elections, and related matters regarding RLUSD exchanges. Between the lines, it seemed to suggest: Ethereum already has ETFs, how far can XRP be behind? During the election period, XRP also seemingly made a point to “boost its presence”.

Then, on November 8th, XRP's CEO personally came out to “promote” the coin, openly stating his firm support for Trump. After four years of winter due to the SEC lawsuit, XRP is finally about to reap the rewards, with tides turning and opportunities abundant. Although no substantial benefits were provided, it successfully stirred the market's emotions.

Ultimately, XRP's approach to this surge was to cleverly concoct seemingly irrelevant yet actually thought-provoking “riddles” in the news. Without stating it directly, it allowed investors to indulge in their imaginations, interpreting favorable signals and buying in to push the price higher. To catch the next “XRP”, one must see through the underlying news game and emotional guidance logic, but in this wave of operations, risk and opportunity coexist, with wealth codes like Musk's Dogecoin #puppies #下一个换谁涨？ #RWA板块普涨 #Layer1公链普涨 .