A scathing critique of Ripple’s XRP cryptocurrency was issued this week by crypto analyst Amelie (@_Crypto_Barbie), who claimed that XRP was never intended for regular retail investors.
“XRP IS NOT MADE FOR RETAIL INVESTORS,” Amelie emphatically tweeted. She addressed investors who have grown frustrated after years of waiting for XRP to “moon” in price. “If you are tired of the years of waiting for #XRP to moon and feel like you want to sell, then do it,” she wrote.
A Cryptocurrency for the Big Players
Elaborating on her controversial stance, Amelie stated that XRP was created solely for major financial institutions and banks, not for average investors.
“It’s only made for the people who can see the bigger picture and for the ones who know exactly that it’s not made for people like you and me – it’s created for the largest financial institutions and banks out there. Not for us,” she tweeted.
Amelie contended that the groundbreaking payments utility offered by Ripple’s technology is intended for deployment by major corporations and banks. Meanwhile, impatient individual investors hoping for quick profits are likely to be disappointed.
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Show more +Patience Rewarded?
However, while dismissing retail investors seeking to “moon” from XRP price rises, Amelie held out hope for some. “Also, it is only intended for people who are patient enough to wait for this groundbreaking utility to be deployed. Not for impatient paper hands. That’s why only a few will make it to generational wealth,” she wrote.
Essentially, Amelie argued that Ripple and XRP were never meant for typical cryptocurrency retail investors hoping for lambos. Rather, they are focused on revolutionizing global payments through adoption by large banks and financial organizations. Still, she suggested that those with patience may ultimately see great rewards for long-term belief in Ripple’s mission.
Her view incited both anger and praise across crypto Twitter. But for XRP investors, her words served as a stark reminder that chasing short-term profits often leads to losing sight of a project’s core purpose. Whether one agrees or not, Amelie’s take prompts serious reflection on why anyone invests in cryptocurrencies to begin with.
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