tldr; Blockchain investigator ZachXBT criticized Ripple holders and the XRP community, stating he does not support them due to their focus on hype and price promotion rather than innovation. He described the XRP community as cult-like and argued that Ripple insiders control the token’s supply, limiting fair growth. ZachXBT compared XRP to MLM chains, claiming they rely on aggressive promotion and insider enrichment rather than genuine utility. His comments have sparked debate within the crypto space about XRP’s value and future.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
SolanaToTheMooon on
As someone who holds XRP, I totally agree. Still doesn’t mean it wont reach $4 before this cycle is done. Once it does, I’m out
jeremiahcp on
Who?
JustStopppingBye on
😂😂😂
thistimelineisweird on
Man who has not personally done anything of value blames others. In other news, water is wet.
Timely_Trouble8258 on
He’s not wrong
SunDreamShineDay on
>Ripple holders provide nothing of value to the industry except exit liquidity for insiders thus are not worth supporting
Ripple holders.
So the guy conflates Ripple with XRP and he is taken seriously? 👀
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tldr; Blockchain investigator ZachXBT criticized Ripple holders and the XRP community, stating he does not support them due to their focus on hype and price promotion rather than innovation. He described the XRP community as cult-like and argued that Ripple insiders control the token’s supply, limiting fair growth. ZachXBT compared XRP to MLM chains, claiming they rely on aggressive promotion and insider enrichment rather than genuine utility. His comments have sparked debate within the crypto space about XRP’s value and future.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
As someone who holds XRP, I totally agree. Still doesn’t mean it wont reach $4 before this cycle is done. Once it does, I’m out
Who?
😂😂😂
Man who has not personally done anything of value blames others. In other news, water is wet.
He’s not wrong
>Ripple holders provide nothing of value to the industry except exit liquidity for insiders thus are not worth supporting
Ripple holders.
So the guy conflates Ripple with XRP and he is taken seriously? 👀