XRP, the cryptocurrency associated with Ripple, has experienced a significant surge in price, reaching a seven-year high of $2.9. However, along with the gains, criticism has emerged regarding Ripple's role in XRP's ecosystem. Accusations have been made that Ripple's management has been selling billions of pre-mined XRP tokens to retail investors, raising concerns about market fairness. Ripple CTO David Schwartz responded to these claims in a playful manner, using a GIF from "Toy Story." The debate surrounding Ripple and XRP centers on the company's incorporation of the token in its cross-border payment services and its significant stake in the token's total supply.+



Other News from Today