There's this token called XRT that came out on Ripple's XRPL about a year ago. The issuer is XRPTurbo, who claims they're creating an AI launchpad.
They used to do staking every month, but now it's every two months. So there were some ups and downs with the XRT token. However, the price has been on a downward trend since last September because they haven’t delivered on any of their promises, not even the ones they mentioned on X. They claim it's because they only have two developers and a low budget, which is total nonsense. Some folks in the IT field say there's no way it should take this long.
I’ve been a system engineer for two decades, and I can honestly say XRPTurbo’s devs are really clueless.
Here’s what most of the community isn’t aware of: the XRPTurbo team is secretly dumping their XRT tokens. They’ve sold off millions of XRT and made a hefty sum in XRP from it, so the whole “low budget” story is just a cover. The staking is just a lure to get people to buy up their XRT token, pushing the price up so they can sell it off at a higher price.
People who are staking XRT are actually losing money. Some investors have pulled out their funds, which contributes to the price drop. And the devs are blaming me for it, just because I’ve made some cash trading their XRT token. A few newbie traders lost money to me, complained to the devs, and now they’re using that to shift the blame onto me.
I commented in their Telegram group, pointing out that the real issue is that certain accounts keep dumping their XRT and never actually buy any, not traders like me. I didn’t even mean to get into this mess.
Discussion on XRT Token (XRPTurbo) and Its Scam Allegations
19 replies 133 views
list update:
rfKuQ2NJGauEddxYWtECTeqDBkWCRgJrsm
official sock puppet account list update:
rDJ1JpW8R4qQJVma75jq388H5ADrreWLEk
currently, dev is using following 2 addresses to dump there XRT token:
rBUehCLMWyAV69GByTpsxMe2SrZQ2eWwSJ
rb1mP4icEEbzepp2mEZHzfaZrGfdSzsum
at least once a day, especially after someone buys.
official sock puppet account list update:
rKtXgsriseuiicancXFd6vhw3FgNDdSqAy
seems dev is keeping sending XRT to another 2 sock puppet addresses, getting them ready to dump:
rpkSXjQo1jHEgbuuayWaBfzeQAckMKhfL8
rKWHkMjNooRQZBK5t1wJNnyV4dh8uCaT8j
they just dumped 20K+ using rpa1ocKKJP3hZfhBpHekCkRSPGzYfaaMSK
update:
they dumped all XRT in rpa1ocKKJP3hZfhBpHekCkRSPGzYfaaMSK
I just found out about this XRT, and according to what I discovered, the liquidity it has in the daily trade volume is low(https://www.coingecko.com/en/coins/xrpturbo), so I can say that trading here is high risk. And if anyone holds it for a few months, it is also clear that it can be considered a gamble; you trade or invest at your own risk, and the battle here will be.
But if it suddenly pumps, which I think is really possible, it's just that no one knows when it will pump; besides that, there is only one exchange where it is listed, and this is on BitMart, which is also a good exchange anyway, in my opinion. But if there are many exchanges that list it, maybe it can be said that there is a fight and potential, but for now the battle will really be a gamble.
they slowed down lol, maybe they noticed this post, or they are just waiting to dump at higher price.
btw, 75k more xrt was send to rpkSXjQo1jHEgbuuayWaBfzeQAckMKhfL8
now they started extending staking period secretly lol.
they said it would be 45 days this time at end of January, so it would be end at 3/16, it became 3/25 without announcement, what a joke.
More XRT is moved to rpkSXjQo1jHEgbuuayWaBfzeQAckMKhfL8 and rKWHkMjNooRQZBK5t1wJNnyV4dh8uCaT8j:
https://bithomp.com/tx/C61DA5BC00430000
https://bithomp.com/tx/C61DA561003C0000
also, r92VJ5AwvpQPHeqihqtGHqL6Y9YyvhoeQb started dumping:
https://bithomp.com/tx/C61D9CE600180000
More XRT is moved to rpkSXjQo1jHEgbuuayWaBfzeQAckMKhfL8 and rKWHkMjNooRQZBK5t1wJNnyV4dh8uCaT8j.
Dev is preparing another million XRT to dump, be careful.
Dev even started dumping their XRT using staking fund account(raJkAHbCeZuE8WufTPKb26HAzhXFT9t44):
https://bithomp.com/tx/C61FA562003A0000
Is it turning to scam? lol
Some XRT was moved from rpkSXjQo1jHEgbuuayWaBfzeQAckMKhfL8 to rBUehCLMWyAV69GByTpsxMe2SrZQ2eWwSJ.
We've already known they are all sock puppet accounts lol. Stupid dev.
Dev is reusing r9nCbAdadUM6DXV8PdGSMDtCm4e8xdBoXJ
https://bithomp.com/tx/C6206D91001B0000
Dev posted an announcement on X, says their AI launchpad is ready to launch, again. lol
https://x.com/xrpturbocom/status/2031475413025755636
Let's see how it goes.
btw, they announced same thing on January 22, that one turned out to be a lie:
https://x.com/xrpturbocom/status/2014039417401360846
Update(March 17):
Turned out, the second announcement was also a lie. lol
More than one person is accumulating XRT token lately.
Also, dev slowed down dumping.
Looks the price is going to pump later.
UPDATE: 1 hour after I posted this reply, it pumped lol. looks it's not over yet
Seems some scammer is getting ready to scam ppl:
https://bithomp.com/en/account/rPdc4UqMP8QAAdQTReEF72v8fcbGJAX3w6
This guy changed his avatar to XRPTurbo icon lol.
This account: rPdc4UqMP8QAAdQTReEF72v8fcbGJAX3w6 is farming XRT between bitmart and XRPL, definitely not XRPTurbo official!
be careful everybody, DO NOT GET SCAMMED by him!
rpkSXjQo1jHEgbuuayWaBfzeQAckMKhfL8 started dumping
https://bithomp.com/tx/C6234D3E00910000
After getting delayed so long, dev only released application form.
https://x.com/xrpturbocom/status/2034671195895783874
Looks anybody can apply, but nothing happens after you apply, even not an email.
Hmm... Well, on the positive side, it could happen, cz dev is too dumb though. About negative side, everybody knows, I don't need to write it down.
Let's see how it goes.
Sock puppet address list update:
rs382bYiY6hizv5KfQxgYS8oceWD4ZF2Dj
Also, dev started dumping their XRP at bitmart:
https://bithomp.com/en/account/rKWHkMjNooRQZBK5t1wJNnyV4dh8uCaT8j/transactions
Looks somebody is farming trading bot, Hope he doesn't get banned. lol
dev is speeding up dumping, be careful