$XRP scam is new $LUNC you watch?๐๐๐คฃ๐คฃ๐คฃ
You're suggesting that $XRP might be the next (Terra Luna Classic) in terms of being a scam or collapse risk. Let's break that down:
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๐ luncRecap
Once part of the Terra ecosystem.
Collapsed in May 2022 due to UST stablecoin depegging.
Billions in investor losses.
Widely seen as a cautionary tale of poor tokenomics and unsustainable mechanics.
๐ฅน๐ฅน๐ฅน
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โ๏ธ xrp Overview
Created by Ripple Labs for fast cross-border payments.
Centralized supply (Ripple holds a lot of XRP).
Legal troubles: Ongoing battle with the SEC (partial victory in 2023).
Still supported by a strong community and some institutions.
Not a stablecoin, unlike UST, so different structural risks.
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๐ฅ So, is xrp a scam or the next $LUNC?
Itโs a stretch to call xrpa scam:
Ripple has been around for over a decade.
Real partnerships with financial institutions.
Survived major bear markets and regulatory scrutiny.
But risks still exist:
Rippleโs control over token supply (centralization risk).
SEC case could still have long-term effects.
Price often driven more by hype/legal updates than adoption.
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๐ง Bottom Line:
โ in terms of fundamentals or history.
xrp is controversial, but not a scam in the same way LUNAโs collapse revealed.
Watch for regulatory outcomes, whale movements, and tech adoption.