Blockchain Thruce ZACHXBT targets XRP holders and calls them constantly to prevent the possibility of further rise in ripple prices.
His responsibilities occur despite technical analysis, despite showing that XRP prices could be prepared for growth as the whales are located.
Zachxbt calls XRP holders “retract liquidity” in harsh criticism
In a series of dull posts about X (Twitter), blockchain detective Zachxbt has rejected the role of the community in the industry.
His comments sparked new debate about the long-standing utility and split speculation on altcoin.
“I don’t currently support the XRP community and I’m teasing people who send me DMs,” Zachxbt wrote in the post.
Zachxbt has made no intention of supporting Ripple’s token holders, making it clear that XRP investors are “no value in the industry except insider liquidity.”
In this account, On-Chain Thruth grouped them with other projects that thought were structurally flawed. His criticism was spreading beyond Ripple’s power tokens, targeting Cardano (ADA), Pulsechain (PLS) and Hedera (HBAR).
Zachxbt’s comments suggest that these communities are equally unworthy of support. Nevertheless, investors must always conduct their own research and cannot rely on popular accounts for investment decisions.
Broadside for Zachxbt’s MLM chain
Additionally, ZachxBT reveals biases to the MLM chain, implying multi-level marketing schemes such as the Pyramid scheme.
“I discriminate against the MLM chain,” writes Zachxbt.
Such initiatives withstand the small utility that projects rely on hype, adoption, or community shilling rather than actual innovation or real technological advancements.
Insider Enrichment also describes projects that influencers have cashed out and new retail investors continue to buy.
Additional traits include cult-like promotions where the community is considered actively defensive and promoted.
Comments arise when XRP’s market performance is under pressure and trapped in horizontal integration. At the time of this publication, the token was traded at $3.01, an increase of 0.21% that day.
Price increases are modest, but new criticism highlights a wider emotional shift that has been rippling for years.
Despite the legal victory over the US SEC (Securities and Exchange Commission) and the XRP ETF outlook, skepticism about XRP’s actual utility remains widespread.
Zachxbt’s criticism resonates with a part of the crypto industry that views certain projects as more than speculative vehicles.
Nonetheless, the backlash from Ripple’s community was quick. The defender points to the project partnership between financial institutions and their cross-border payment technology as evidence of their practical utility.
Still, Zachxbt’s reputation as one of Crypto’s most well-known chain agents ensures that his words carry weight, even if they split.
Zachxbt’s post slumped XRP holders as “liquidity,” with Ripple Price slipping to $3.0, making its first appearance on Beincrypto.
