Ripple CEO Declares: XRP’s Price is Manipulation-Proof
Brad Garlinghouse throws down the gauntlet, asserting that XRP's market structure makes it uniquely resistant to price manipulation.
The Decentralization Defense
The Ripple CEO's core argument hinges on distribution. Unlike assets concentrated in a few wallets, XRP's ledger is vast and dispersed. That sheer scale of ownership—spread across countless exchanges and private holdings—creates a formidable barrier. Pump-and-dump schemes require control; controlling this network is a logistical nightmare.
Liquidity as a Firewall
Deep, global liquidity acts as the second line of defense. Major trading pairs across dozens of platforms mean no single entity can easily corner the market or create artificial scarcity. Large buy or sell orders get absorbed into the churn of daily volume, diluting their impact before rumors can even start on crypto Twitter.
It's a bold claim in an industry where 'whale watching' is a pastime and regulators' favorite accusation is market abuse—a bit like a banker insisting their vault can't be robbed while standing in a neighborhood known for heists.
The Transparency Argument
Every transaction on the XRP Ledger is immutable and public. While wallets are pseudonymous, the flow of funds is out in the open for any chain analyst to trace. This creates a powerful deterrent: coordinated manipulation leaves a permanent, auditable trail. Good luck explaining that to the SEC.
Garlinghouse isn't just defending an asset; he's challenging the very narrative of crypto as a wild west. Whether the market believes him will be reflected in the charts—the one place even CEOs can't issue statements.
XRP community figures have highlighted statements by Ripple CEO Brad Garlinghouse suggesting that no one can manipulate XRP's price. This comes as XRP faced fresh selling pressure over the past day, briefly dropping to $1.77, its lowest level this month.
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