TechCrunch Founder Slams Ripple Valuation: XRP Holdings Need ’Reality Check’
Michael Arrington drops truth bomb on Ripple's inflated valuation
The TechCrunch founder just declared Ripple's current worth hinges entirely on its XRP treasury—and the numbers don't add up. Arrington claims the market's pricing Ripple like a tech unicorn while treating its core asset like digital scrap metal.
XRP's Paradox: Valuable Treasury, Worthless Utility?
Ripple's sitting on billions in XRP reserves but can't convince the market the token actually does anything useful. The company keeps touting banking partnerships and cross-border settlements, yet XRP's price action screams 'speculative baggage' rather than 'functional currency.'
Reality Check Meets Crypto Math
Arrington's comments hit where it hurts—questioning whether Ripple's valuation reflects actual adoption or just clever accounting. Wall Street analysts would call this 'aggressive valuation methodology'—crypto traders call it Tuesday.
Another day, another crypto project valued like it's printing money while actually printing... well, more tokens.
A controversy has erupted in the XRP community around Ripple’s newly announced $500 million raise at a $40 billion valuation. Specifically, Unchained reported that some outside venture capitalists believe Ripple is worth little beyond its XRP holdings.
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