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ZhenWei

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    1. Asked: August 28, 2024In: Scams & Fraud Alerts

      Is Ripple’s XRP a Scam?

      ZhenWei
      ZhenWei Beginner
      Added an answer on August 28, 2024 at 3:53 am

      Yes, XRP is indeed a textbook scam coin. The XRP subreddit is flooded with suspicious posts, likely orchestrated by scammers, claiming absurd things like Ripple will become the most valuable company in the world. They use phrases like "we are on the forefront of the future," urgently insisting thatRead more

      Yes, XRP is indeed a textbook scam coin. The XRP subreddit is flooded with suspicious posts, likely orchestrated by scammers, claiming absurd things like Ripple will become the most valuable company in the world. They use phrases like “we are on the forefront of the future,” urgently insisting that everyone hold their coins and never sell until it reaches at least $25. This is likely a tactic by insiders to keep the price high so they can quietly dump their massive holdings.

      You’ll see posts hyping XRP to $100 per coin, claiming BRICS nations will adopt it or Russia will use XRP as a test coin, and suggesting it will replace SWIFT globally. There are even claims that all banks in Japan and China will adopt XRP. It’s all nonsense. These are just flimflam tactics designed to scam you of your investment. 

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