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Is GameStop spirit reflected in XRP? What does #XRPCommunity want?

A group of small investors tried to stand up to the big players. Short positions in the Gamestop share allowed them to take a loss by making a reverse corner. So what does it mean "short position"? It can simply be defined as selling a product whose price has been fall and borrowed from its owner and then buying it again at a low price and giving it back to its owner. The difference is the profit of who making this transaction is.

He took a short position on GameStop stock in a similar way in a large fund, and the small investors who realized this, raising the price of the share, all their plans were ruined. This fund has done a great loss. The small investor made good profits. A group of people who take advantage of this situation are trying to create a big increase in XRP price by combining with the #XRPCommunity hashtag. With the groups they established on Telegram, their number started to reach up to 200 thousand people. At the same time, the XRP price rose rapidly from $ 0.28 to $ 0.51.

However, the group announced the day and time of their event as February 1, 8.30 AM (EST). With hours left to the event, everyone wonders if a pump action will be performed, but I don't believe these movements without a sufficient philosophy will be effective enough. How much can they affect the preferences of this group of people who want to buy at the event time and keep the XRPs taken in the long term? If there is a big drop in price before or just after the event hour, this group will have a major failure.

The #XrpCommunity movement is important as it is the first movement affected by the #GameStop transaction, but even if this move fails, maybe retries will occur with other cryptocurrencies. However, if these movements that emerge cannot form a philosophy for themselves in the long term, it will be an expected result that they will fail and everything will continue as before.

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