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⚠️ XRP Holders Beware: Insider Screams “DUMP” After Ripple Shake-Up
An influencer in the XRP space is now urging holders to exit — and it’s all triggered by Ripple’s long-standing CTO stepping down.
🔻 The Big Move: Schwartz to Exit Daily Role
David Schwartz, Ripple’s Chief Technology Officer for 13+ years, announced he will step back from day-to-day duties by year’s end.
He emphasized the decision is personal — wanting to spend more time with family and pursue other interests.
However, he’ll stay connected as CTO Emeritus and continue working on XRP-ledger projects.
⚠️ “Time to Sell XRP” — A Harsh Warning from a Former Bull
Crypto trader Crypto Bitlord — once one of XRP’s staunchest advocates — responded sharply. He claims:
Schwartz’s exit comes at a precarious time for Ripple.
XRP depends heavily on its token sales (to the public) instead of real revenue — a weak foundation, he argues.
Bitlord now frames the CTO move as more of a strategic repositioning ahead of Ripple’s potential IPO, not a bullish signal for XRP itself.
He’s made some blunt declarations: he’ll “sell every last cent” if XRP falls back to $2, citing that as evidence the investment failed its promise.
🔍 What This Means for XRP
With Schwartz stepping away from operations, some in the community see more uncertainty than optimism. Ripple’s roadmap, which leaned hard on XRP’s role in cross-border payments and as a “SWIFT alternative,” now faces a stronger challenge.
That’s especially true now that SWIFT itself is launching a blockchain-backed shared ledger, in partnership with ConsenSys and international banks.
Instead of replacing SWIFT, XRP may be staring down direct competition. Institutions are more comfortable upgrading existing systems than pivoting to entirely new ones.
Still, Schwartz is clear: he’s not abandoning the project. He plans to stay active in the community, work on development, and explore new use cases for the XRP Ledger beyond Ripple’s current focus.
Heads up for holders & traders:
This is a moment of real change. Whether you’re long or short on XRP, it’s time to watch closely — the narrative might be shifting fast.
> Disclaimer: This is a summary of publicly available statements and opinions. It is not financial advice.
🔻 The Big Move: Schwartz to Exit Daily Role
David Schwartz, Ripple’s Chief Technology Officer for 13+ years, announced he will step back from day-to-day duties by year’s end.
He emphasized the decision is personal — wanting to spend more time with family and pursue other interests.
However, he’ll stay connected as CTO Emeritus and continue working on XRP-ledger projects.
⚠️ “Time to Sell XRP” — A Harsh Warning from a Former Bull
Crypto trader Crypto Bitlord — once one of XRP’s staunchest advocates — responded sharply. He claims:
Schwartz’s exit comes at a precarious time for Ripple.
XRP depends heavily on its token sales (to the public) instead of real revenue — a weak foundation, he argues.
Bitlord now frames the CTO move as more of a strategic repositioning ahead of Ripple’s potential IPO, not a bullish signal for XRP itself.
He’s made some blunt declarations: he’ll “sell every last cent” if XRP falls back to $2, citing that as evidence the investment failed its promise.
🔍 What This Means for XRP
With Schwartz stepping away from operations, some in the community see more uncertainty than optimism. Ripple’s roadmap, which leaned hard on XRP’s role in cross-border payments and as a “SWIFT alternative,” now faces a stronger challenge.
That’s especially true now that SWIFT itself is launching a blockchain-backed shared ledger, in partnership with ConsenSys and international banks.
Instead of replacing SWIFT, XRP may be staring down direct competition. Institutions are more comfortable upgrading existing systems than pivoting to entirely new ones.
Still, Schwartz is clear: he’s not abandoning the project. He plans to stay active in the community, work on development, and explore new use cases for the XRP Ledger beyond Ripple’s current focus.
Heads up for holders & traders:
This is a moment of real change. Whether you’re long or short on XRP, it’s time to watch closely — the narrative might be shifting fast.
> Disclaimer: This is a summary of publicly available statements and opinions. It is not financial advice.
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