Renowned cryptocurrency expert Austin Hilton has addressed the possibility of XRP price manipulation. He believes major cryptocurrencies, including XRP, are subject to daily manipulation.
Impact of Manipulation on the Crypto Market
Austin Hilton claims that financial markets, including cryptocurrencies, are regularly manipulated. “Stocks are being manipulated every single day,” he stated, comparing traditional finance to digital assets.
Role of Major Players in XRP Pricing
According to Hilton, this manipulation is executed by large entities such as offshore exchanges, market makers, and financial institutions. He emphasizes that the relatively low liquidity in the crypto market makes it easier for these forces to influence prices.
XRP's Long-Term Potential Despite Manipulation
Austin Hilton remains confident in XRP's long-term potential, expecting significant growth. He believes that regulatory clarity and institutional adoption will eventually lead to substantial price appreciation.
Despite concerns about manipulation, Hilton maintains an optimistic outlook for XRP’s future, emphasizing the importance of a long-term investment approach.
