An army of Ripple (XRP) bots who may act like real human beings from time to time is actively trying to grab your attention. Who is behind the notorious #XRPArmy and what do they want from you?
Behind #XRPArmy: Who (Or What) Are They?
According to researcher Geoff Golberg, behind Ripple — the ‘innovative’ digital payment system that will eventually replace the ‘obsolete’ SWIFT banking network — there is a massive marketing scheme with the sole goal of pumping the XRP price. On Twitter, a massive group of alleged bots actively promotes this pump scheme. The group is commonly known as the ‘XRP Army.’ https://twitter.com/geoffgolberg/status/1107021341591552001 Golberg has been studying the Ripple case for well over a year and gathering extensive data on the ‘organization.’ Like a real army, there are only a few ‘generals’ that control XRP soldiers. The whole #XRPArmy universe revolves around those generals. On the other hand, the soldiers are very vocal and quite aggressive in their approach. They inflate the followers’ number and do everything they can to protect the scheme. The majority of soldiers has XRP written either in their username or in their bio. In fact, the usernames used for login follow a very interesting pattern: a common first name, followed by a random sequence of eight numbers. Golberg argues in a TrustNodes interview that the pattern is a result of an automation software designed to create as many Twitter accounts as possible. Moreover, whenever Twitter is on a bot deletion spree, the ‘generals’ can lose hundreds if not thousands of followers in a very short period of time.What Does The XRP Army Want?
The main objective of the #XRPArmy is pretty straight-forward: to inflate the XRP price by artificially inflating the Ripple community. Since most of the novice cryptocurrency investors look for advice on social media — Twitter and Reddit, mostly — they can be easily deceived when they see so many users analyzing and ‘shilling’ Ripple. Since most of the Internet today is based on filter bubbles, a never-ending loop state of isolation where your subsequent searches are directly linked with your previous searches, once a user enters the XRP universe, that user will be forever bombarded with XRP shills. A good example of such shills is this ‘fine’ analysis by a member of the #XRPArmy. https://twitter.com/AndrewP47809396/status/1102022186867609602 Worth considering is the fact that the current XRP price is $0.31. The all-time high was reached during the January 2018 hype when Ripple was valued at over $3. Reaching the first exit point at $10 would mean Ripple has to reach a total capitalization of around $400 billion, almost three times today’s cryptocurrency overall market cap.Who’s Behind #XRPArmy?
‘XRPeuphoria’ is just one user among thousands, if not tens of thousands, of XRP ‘shillers.’ According to Golberg, Ripple Global Operations & Partnership Officer Emi Yoshikawa (@emy_wng) could be an essential member of the high-tier XRP Army — based on the Twitter followers ‘power poles.’Image courtesy of Twitter, Shutterstock.
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Florian Gheorghe
I started out in print journalism in 2008 and switched to freelancing two years later. Afterward, I covered the poker and gambling scene for several years before getting into sports and motivational stories.
Crypto-wise, I first learned about Bitcoin just months after the Mt. Gox event. I’ve been riding the bulls and the bears ever since.
I started out in print journalism in 2008 and switched to freelancing two years later. Afterward, I covered the poker and gambling scene for several years before getting into sports and motivational stories.
Crypto-wise, I first learned about Bitcoin just months after the Mt. Gox event. I’ve been riding the bulls and the bears ever since.
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