Former UFC star Ben Askren calls XRP a scam

XRP bad, Bitcoin and Litecoin good

Former UFC star Ben Askren just took a hard jab on the XRP community by calling it a scam. “Funky” Askren has promoted Bitcoin andLitecoin on several occasions, but this is the first time he has spoken on the third-largest Cryptocurrency.

Askren Tweets:

I think XRP is a scam https://t.co/ye3E53dM3E

— Ben Askren (@Benaskren) January 28, 2020

The tweet has amassed over 2.1k likes, 190 retweets with over 400 comments.

Askren is one of the most active proponents of Cryptocurrencies from the UFCcommunity, partly because the Litecoin Foundation sponsored him atUFC 235 in early 2019. Askren has shilled Bitcoin several times while promoting eToro (a trading platform).

XRP has been one of the points of contention for the longest time in the Crypto sphere, while many question the control ofRipple over the XRP token and ecosystem there are also many XRP fans who come to defend it whenever they see criticism.

The main selling point of XRP is that it will be used as a bridge currency in cross border transactions especially by banks, although Ripple has done pilot projects and partnerships with many banks the price of XRP has stayed pretty much flat since the great crash in early 2018.

XRP is currently valued at $0.23 with a market cap of $10.2 Billion. XRP is currently on an uptrend against the US dollar, if it breaks the $0.24 resistance then there is a good chance it could touch the $0.30 mark.

Disclaimer : Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

Get the latest news on Blockchain only on Blockmanity.com . Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better