The official Litecoin account on X recently posted an unusual comment about XRP that immediately caught attention for its tone and comparisons.
In the post, the account mocked XRP by likening it to a comet with an unpleasant smell and suggesting that its value proposition was based on manufactured scarcity and speculative expectations rather than utility.
The language used described XRP as an illusion, claiming that investors were misled into believing it would serve as the backbone of global banking. The post went further by making an unflattering remark about Ripple CEO Brad Garlinghouse, suggesting an unprofessional relationship between him and President Donald Trump.
Many in the XRP community viewed it as unprofessional, with some calling for legal action against Litecoin.
Fun fact: A comet smells like rotten eggs, urine, burning matches, and almonds. Most scientists say the closest comparison to this phenomenon on earth is the idea that tokens called XRP would be sold off to retail investors with the illusion that a digital bank drive-up tube is…
— Litecoin (@litecoin) August 29, 2025
Litecoin’s Criticism
While Litecoin has a long history in the cryptocurrency market, it has not typically been seen as a direct rival to XRP. The two assets serve different purposes, with Litecoin acting as a medium of exchange and XRP as a bridge currency designed for cross-border settlement.
Despite this, both communities are passionate, and moments like this reveal tensions that occasionally flare between major crypto projects. The Litecoin account claimed that XRP’s value narrative rests on banking partnerships that, according to the post, are overstated or nonexistent.
It suggested that retail investors were being sold the idea that XRP would replace SWIFT and that scarcity would drive demand. The post characterized this as misleading and presented the digital asset as little more than a speculative instrument.
Such criticism aligns with a broader skepticism held by some in the crypto sector. Litecoin’s framing, however, oversimplified the nuances of Ripple’s work with financial institutions and the role of XRP in on-demand liquidity solutions.
Counterpoints in Favor of XRP
While Litecoin raised doubts, its claims can be challenged. Ripple has established documented partnerships with numerous financial institutions worldwide, and its On-Demand Liquidity product, which uses XRP, has seen adoption in corridors around the globe.
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Though XRP has not replaced SWIFT and no official statements suggest it will, the token has demonstrated utility in facilitating near-instant cross-border transfers. Many experts who can see its value have predicted that it could capture a significant portion of SWIFT’s market or become the new international payment standard.
The argument that scarcity alone drives XRP’s value ignores its designed function as a bridge asset. Unlike purely speculative tokens, XRP has a clear use case that addresses friction in international payments. Moreover, dismissing it as an illusion disregards the fact that multiple enterprises have tested and integrated Ripple’s technology in production environments.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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