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Popular crypto expert has a blunt response to XRP maxis
Popular crypto expert has a blunt response to XRP maxis originally appeared on TheStreet.
XRP has witnessed a remarkable reversal in its fortune over the past few days. As the legal battle involving Ripple and the Securities and Exchange Commission (SEC) came to an end, the regulatory status of XRP has gotten clearer.
The retail sale of XRP tokens will not be considered a sale of securities as the July 2023 judgment stands intact. Then, the SEC waived the disqualification to allow Ripple to raise funds via institutions.
The development came as a relief to the XRP community, who had been awaiting a conclusion of the years-long saga. However, it seems there are members of the XRP Army who aren't ready to listen to any criticism of the cryptocurrency.
A crypto enthusiast on X recently dug up a clip of the July 17 episode of The Wolf of All Streets podcast in which crypto expert and the show's host Scott Melker discussed the price uptick in altcoins with Morgan Creek Capital Management founder Mark Yusko and BitcoinOS co-founder Edan Yago.
"Dinosaur altcoin" and "scam"
During the discussion, Melker referred to XRP and Ethereum as dinosaur altcoins — in crypto lingo, a dinosaur coin is an old and well-established crypto asset — and Yusko even went as far as to call XRP a scam.
Join the discussion with Scott Melker on Roundtable here.
Note that the podcast was published only days after Bitcoin hit an all-time high on July 14. While BTC had since been tumbling, altcoins such as XRP had been surging — which is what the panelists were talking about.
The X user said the podcast participants were fearful of Bitcoin becoming an altcoin one day. In response, Melker clarified that he himself doesn't think XRP is a scam, but then, he doesn't really think about XRP.
Story ContinuesMelker also remarked that those who think about XRP are too worried about others having a bad opinion on the cryptocurrency. "Seems like their problem, not mine," he added.
Popular crypto expert has a blunt response to XRP maxis first appeared on TheStreet on Aug 14, 2025
This story was originally reported by TheStreet on Aug 14, 2025, where it first appeared.
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