Crypto pundit Bitlord has called out Ripple executives Brad Garlinghouse and Chris Larsen, accusing them of dumping XRP. The pundit has gone as far as to threaten to take action if they don’t stop selling and suppressing the token’s price. 

Crypto Pundit Accuses Ripple Executives Of Dumping XRP

In an X post, Bitlord put out a warning, stating that something is not right with the current XRP price. He claimed that the altcoin should be higher, but that the founders, in reference to Ripple executives, are selling. He then questioned what exactly is going on and why these founders are selling. 

He then opined that it is likely that Ripple is unprofitable and is facing too much competition, which is forcing them to offload their XRP holdings. He added that the days of XRP may be over and that he is considering selling everything. Following his warning, an XRP community member, Tim, reminded the pundit about developments such as Ripple’s payment solution, banks’ adoption of XRP, and the XRP ETFs as catalysts that will still spark higher prices. 

The pundit then replied and asked what government would want to use Ripple’s technology when Eric Trump is going to compete with it. He also suggested that Banks won’t adopt XRP a

Go to Source to See Full Article
Author: Scott Matherson