Why did XRP researcher describe it as “the largest fraud”, and here is how Ripple CTO defended?
After heading to the bottom for years, XRP has gained a bullish momentum in late 2024 and early 2025. However, since then, the symbol of ripple was in turmoil. However, many experts questioned this noise about this altcoin because the performance of prices and other standards are doubtful. Even one of the researchers described it as the largest financial fraud due to the low trading volume, but CTO bets differently. What is happening? Let’s discuss.
The researcher claims that XRP is the largest fraud
Ilo, an alpha researcher, questioned NoisePraying that this is the largest fraud. In a newly postponed, Aylo pointed to the XRPL, on the pretext that it only has $ 44,000 in size despite the high demand.
With a snfillama snapshot, the reason for such high -value -value coding is like this low size. His observations on the “largest fraud” on Crypto, which has been announced as part of the American Crypto Strategic Reserve, has a discussion between society.
However, things were shortened when Ripple Cto David Schwartz came to support Altcoin, along with a few other analysts who provide a different image.
CTO ripples ignore the allegation of the researcher XRP
Since the prosecution led to a big discussion between society, the Reble’s CTO corrected the researcher. With a comment on the AYLO post, it is clear that the aforementioned data represents only the AMMS (AMMS) makers on XRPL.
It is worth noting that AMMS represents a small part of any network use; Ilu’s claim ended. David Schwartz also explained that the proposed folder does not reflect the potential and benefit of a ripple symbol.
I can’t find the fine page you look, but I bet this only looks at AMMS on XRPL, which is a small part of what XRP uses.
In addition, Vet, a Dunl auditor, supports Ripple CTO by submitting the correct sound numbers. According to Vet statistics, the actual decentralized exchange volume for 24 hours on XRPL is approximately 9 million dollars, which the researcher claimed.
More importantly, it called it the right opportunity for the market participants to take advantage of XRPL growth in the Defi ecosystem. He claimed that the low DeX size is the opportunity due to the minimum participation.
How is XRP perform today, and what after?
Although the fraud of the researcher is claimed by the Ripple icon, global investors still see it as a possible opportunity due to better updates than the SEC VS Ripple case, the formation of the Crypto Donald Trump, and the possible ETF launch this year.
XRP is currently trading at $ 2.40 with a market formation of $ 139.54, making it the fourth largest encryption after Bitcoin, Ethereum and Tether. Nowadays, its performance decreased dramatically amid the wider market correction. However, big marches are expected with a shift in the feelings of the market.
Related questions (common questions)
The researcher on XRP launched a fraud, noting the low DeX size despite the high market value and demand.
According to Ripple’s CTO and a few analysts, the researcher only provided AMMS data, which only represents a small part of the total use, so the claim is wrong.
Experts believe that the huge upward trend is to occur with better clarity of regularity, release XRP ETF, and other factors.
Bouja Khargia
With a deep -rooted passion for reading and five years experience in writing the content, POOJA is now focusing on formulating content direction around the cryptocurrency market. As a dedicated encryption journalist, Poja is constantly looking for topics and media statistics to create convincing pieces for encryption lovers. Staying in view of the latest trends and progress in this field is an integral part of its daily routine, which provides a commitment to provide time in time and insight.
Responsibility: Is market research before investing in encrypted currencies? The author or post does not bear any responsibility for your personal financial loss.
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