In a recent turn of events within the cryptocurrency community, a prominent XRP supporter known as “Dark Defender” has expressed strong disapproval towards the individuals responsible for propagating a fake listing of a BlackRock XRP ETF. This misinformation, which surfaced online, prompted a surge in the price of XRP. Dark Defender, a well-known crypto strategist, has condemned the actions of these actors and hopes for their eventual identification and punishment.
According to Dark Defender, the XRP token experienced a notable price increase on Monday, reaching $0.7503, following the dissemination of the false BlackRock XRP ETF information. However, the price subsequently retracted, settling at a level previously discussed with his followers, approximately at $0.6649. Dark Defender found encouragement in the fact that the daily candle closed above this level, interpreting it as a positive development for XRP.
XRP targets firms amidst price fluctuations
Despite the temporary price fluctuations, Dark Defender remains steadfast in his short-term price targets for XRP, which range between $0.87 and $1.05. He emphasized the potential impact of positive ETF news on XRP’s performance and suggested that the rumors surrounding the fake listing may indicate that an XRP ETF is on the horizon.
Hi all. I hope the people who caused this fraud can be caught and punished, as they well deserved. $XRP yesterday touched $0.7503 with that misinformation; however, it pulled back to the previous level we discussed earlier.
— Dark Defender (@DefendDark) November 14, 2023
The good news is that XRP #closed the daily candle… pic.twitter.com/mFco24PtQY
an impersonator assumed the identity of Daniel Schwieger, BlackRock’s managing director, and listed an XRP trust on the Delaware list of corporations website. This deceptive action led to a rapid 12% increase in the XRP price within just 30 minutes.
He also raised questions about the process involved in listing a name on the Delaware website, highlighting that he was uncertain about the requirements necessary to do so. He speculated that the procedure would likely be more rigorous than merely filling out a form, suggesting that the impersonator’s actions may have involved a deliberate effort to deceive the public.
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