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Is XRP A Scam Or A Trillion-Dollar Coin? Pundit Shares The Answers
TL;DR
XRP's price performance has sparked debate, with some labeling it a scam despite its use in cross-border payments. A crypto analyst has countered these claims, highlighting XRP's potential as a trillion-dollar asset.
Key points
- XRP's price has been low for years despite its use in payments
- Analyst debunks scam claims about XRP's potential
- XRP trading around $1.3 after a crash from above $3.5
Mentioned in this story
Ripple
XRP Ledger
The XRP price action has long been a topic of debate in the crypto community, with analysts and investors discussing the reasons behind its weak performance despite ongoing bullish developments. Given the cryptocurrency’s persistent downtrend, some market participants have labeled XRP a scam, suggesting that it lacks real potential and its price is being deliberately suppressed. However, a crypto pundit has addressed these claims, debunking the scam label while shedding light on XRP’s long-term potential as a trillion-dollar asset.
Why Crypto Users Are Calling XRP A Scam
Vincent Van Code, a crypto analyst on X, has outlined several reasons that counter the idea that XRP, the native token of the XRP Ledger (XRPL), could be a scam. In his post, he asked why people believed “XRP is a scam or it’s not being used.” The analyst’s question connects to the broader criticism that XRP’s price has remained low for years despite its active use in cross-border payments, strong community, partnerships with key financial institutions, and expansion into different regions.
Before XRP’s rally above $3.5 in 2025, the cryptocurrency was in a steady downward trend for years. The XRP price had been consolidating around the $0.5 level for over four years before it broke past that level in 2024 and jumped above $2.
With the SEC lawsuit officially over and new developments emerging for Ripple and the XRP Ledger, many believed it would be only a matter of time until the price began rallying again to an explosive high. However, XRP has done the opposite. After crashing from above $3.5 last year, the cryptocurrency has been trading at lower levels around $1.3 for months. This weak price action has prompted many in the crypto community to doubt XRP’s potential, with some labeling it a scam token.
Q&A
Why do some people consider XRP a scam?
Some individuals label XRP a scam due to its prolonged low price and perceived lack of real potential, despite its active use in cross-border payments.
What factors contribute to XRP's weak price performance?
XRP's weak price performance is attributed to a steady downtrend, market skepticism, and a history of price consolidation around lower levels.
What is XRP's potential as a trillion-dollar asset?
Analysts believe XRP has long-term potential as a trillion-dollar asset, especially following the resolution of the SEC lawsuit and ongoing developments in its ecosystem.
