Deception runs rampant within the cryptocurrency trading industry. Unethical bitcoin exchanges openly allow wash trading, a shady practice long ago expunged from mainstream finance. Scrubbing out these fake trading volumes to discern the true nature of the crypto economy produces astonishing results. True Ripple Trading Volume Just $82 Million Ripple (XRP), the third-largest cryptocurrency with a $13.7 billion market cap, allegedly boasts $1.2 billion in 24-hour trading volume as of the time of writing, according to widely-used data aggregator CoinMarketCap. However, OpenMarketCap – which only aggregates data from exchanges that don’t allow washing trading and other shady practices – puts
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source https://www.ccn.com/ripple-plagued-by-fake-trades-how-crypto-purge-vindicates-bitcoin
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