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Is XRP the “Biggest Financial Scam”? Researcher Says So

  • Researcher Aylo from Alpha Please referred to XRP as the biggest financial scam, citing its supposedly low volume in the last 24 hours.
  • Ripple CTO, David Schwartz, responded and corrected the on-chain data figures, suggesting that $44K only represents a fraction of how XRP is used.
  • In further support, Vet, a dUNL validator, stated that XRP is a significant opportunity market and corrected the 24-hour DEX volume to $9 million.
  • Despite divided opinions, XRP's value and fundamentals are often seen as inferior to other leading cryptocurrencies like Ethereum and Solana.

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