RATE Group | Top 10 Controversial Cryptocurrencies of 2019
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Top 10 Controversial Cryptocurrencies of 2019

Top 10 Controversial Cryptocurrencies of 2019

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2019 has been a year of ups and downs. While the market recovered from its bearish mood of 2018, most top cryptocurrencies are well below their all-time highs of late 2017-early 2018. What 2019 has also been, is a year of controversies for the world of crypto. Let’s look at some of the top cryptocurrencies which made news in 2019 because of the controversies surrounding them –

1. XRP

XRP is the third biggest cryptocurrency by market capitalisation and with a massive following of its own, called the XRP army. There are theories that the XRP army is just a collection of bots and fake accounts on Twitter. While that was one controversy that was doing the rounds in March 2019, another controversy that landed Ripple in trouble with the crypto community were the rumors that Ripple was dumping XRP in the market, thereby suppressing its price.

It is to be noted that Ripple’s expansion spree in which it has partnered with notable banks and payments service providers across the globe,…

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