Investing.com — The crypto world is in turmoil: Ripple, a leading crypto payment platform, has issued an urgent warning. The XRP community is facing a new threat with a rise in fraud, and investors risk missing out on huge opportunities if they make rash decisions that bury their long-term hopes.#
Despite the revival of the XRP Trust, XRP failed to make it onto Grayscale’s prestigious list of top 20 cryptocurrencies for Q4 2024. This has left many investors perplexed, especially with emerging assets like Solana and Sui on the list.
This move raises questions about XRP’s future relevance. Could this be a sign that XRP is losing its prominence in the crypto space? The token’s absence from the list was a wake-up call for the community to be more strategic in its decisions.
While the exclusion seems like a mystery, the inclusion of assets with smaller market caps only adds to the speculation. The decision may signal a less optimistic view of XRP’s future potential, sparking unease among investors seeking clear answers.
In addition to this setback, Ripple has issued a new warning about fraudulent activity related to the launch of Ripple USD (RLUSD), a new stablecoin that is still in beta. The initial excitement surrounding this innovation has attracted the attention of scammers trying to take advantage of investors.
Ripple has reported an increase in scams, with individuals claiming to distribute RLUSD, exploiting the euphoria surrounding the cryptocurrency. The company urges investors to trust only official communications and avoid suspicious offers circulating on social media and other channels. This situation highlights the ongoing risks in the crypto market.
