Ripple (XRPUSD)

[JaMoS9812]

Any time man. People don't realize the risk. Also know that Songbird price is deliberately being suppressed by a couple of huge whales that found a glitch in flare finance. The stability pool i guess has a good payout in regards to sfin. I'm not sure if it has been fixed since the price is so low still, but from what I researched a few days ago, flare finance goes into recovery mode and is supposed to autoliquidate loans if the stability pool goes below a certain ratio (150%). It is not and they are benefitting from the huge price difference between sgb price on bitrue vs the flareX price. When they auto liquidate they get a majority in CAND also which they turn around and get more sgb on flarex for super cheap, send to sgb to bitrue and sell it for more, then turn around and take out more debt to stake in the stability pool. If you follow flare finance in discord a lot of this is being discussed. That is why songbird has been so low. I think the price needs to go above 17.5-18cents somewhere in there for their huge nest loans to be autoliquidated. They are manipulating the price on bitrue and since no one else is selling it, and FF uses bitrue's API for processing, it continues. Basically they have a huge sell wall put up.