XRP holders split after GEN XRP warns against $10,000 price goals

GEN XRP, a well-known cryptocurrency commentator, has warned holders of $XRP to reexamine their expectations for the digital asset and the reliability of information provided by prominent voices in the community. In a recent video, GEN XRP cited comments from Ripple Chief Technology Officer Emeritus David Schwartz, interpreting them as evidence that Schwartz no longer maintains significant XRP holdings and has opted to hold Ripple company stock instead. GEN XRP expressed concern that many investors remain focused on expectations of massive gains, with little attention paid to the actions of early Ripple leaders. He also pointed to Ripple co-founder Chris Larsen, asserting that several founding members have already liquidated large portions of their cryptocurrency portfolios. GEN XRP linked these moves to ongoing market supply from Ripple-related token sales.

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