<ul><li>XRP is facing criticism from prominent trader Crashius Clay, who referred to it as a memecoin in disguise.</li><li>Clay highlighted XRP's lack of on-chain activity and revenue, as well as the selling pressure from Ripple team, insiders, and long-term holders.</li><li>He expressed concerns about XRP's overvaluation, comparing it to the crash experienced by Shiba Inu (SHIB).</li><li>Despite the criticism, XRP has shown resilience in comparison to other major digital assets and is leading the ETF race.</li></ul>

XRP Slammed by Prominent Trader: ‘Meme Coin in a Suit’

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