ZachXBT Calls XRP “Exit Liquidity” and Cuts Ties

ZachXBT distances himself from XRP, labeling it “exit liquidity” and refusing to help the community any further.

  • ZachXBT accused XRP of being insider-driven.
  • He announced he will no longer assist the XRP community.
  • The comment has reignited debates around XRP’s transparency.

On social media, prominent crypto investigator ZachXBT made a bold statement, saying he will no longer support the XRP community. He criticized XRP harshly, labeling the token as “exit liquidity for insiders,” implying that the project primarily benefits early investors while leaving retail holders at a loss.

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This is not the first time XRP has been criticized for its centralization and insider benefits. However, ZachXBT’s decision to step away adds weight, given his reputation for holding bad actors accountable in the crypto space.

The comment has sparked backlash from XRP supporters, but many others in the crypto community echoed similar frustrations, highlighting long-standing concerns about transparency and token distribution.

XRP Under Scrutiny Yet Again

ZachXBT’s statement has put XRP back in the spotlight. The claim that XRP is “exit liquidity” refers to a belief that insiders are using hype to dump their holdings, taking profits while average investors get left behind.

These concerns aren’t new. XRP and its parent company, Ripple, have faced legal battles with the SEC and frequent criticism over large token unlocks and sales by executives.

While some still view XRP as a useful token for cross-border payments, trust in the project continues to waver, especially when respected voices like ZachXBT step away so publicly.

What This Means for the XRP Community

With ZachXBT stepping back, the XRP community loses a key watchdog figure who has previously helped uncover scams and shady behavior across various projects. His withdrawal suggests that he sees no value in supporting a token he believes is fundamentally flawed.

The bigger question now is how XRP’s team and community will respond. Will they address these insider concerns, or will this be another warning ignored?

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Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Aurelien Sage

Aurelien Sage is a blockchain enthusiast and writer, crafting insightful articles on decentralized technologies, Web3, and the future of finance. His work simplifies complex concepts, empowering readers to navigate the evolving crypto landscape with confidence.

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