There is a token called "XRT" was issued on Ripple's XRPL about 1 year ago.
Issuer is "XRPTurbo", claiming they are building an AI launchpad.
Website:
https://xrpturbo.com/They did staking monthly(Now is every 2 months). So XRT token had some moments.
But token price kept going down since last September, becausc they can't deliver anything they promised, even the one they announced on X.
They say because there are only 2 developers and they got low budget(lies). But some community members who are working in IT industry say it shouldn't be delayed that much.
(PS: I have worked as a system engineer for 20 years, I know IT industry is bad recently, but I can say XRPTurbo dev is the dumbest.)
That's the situation community members know.
Here's the truth most of community members don't know:
XRPTurbo official is secretly dumping their XRT token,
they've dumped at least 1 million XRT token, made tens of thousands of XRP, "low budget" is a lie.
Staking is just a bait, trick you to buy their xrt token to push up the price, then they can dump at higher price.
People who are staking XRT token are actually losing money.Some investors have taken their money out, so it becomes the reason that causing price kept going down.
And dev blame it on me, just because I make some money by trading their XRT token(some newbie traders lost some money to me, they went to accuse dev, then dev take the advantage of that, blame it on me).
I commented in their telegram channel, said the real reason is some accounts kept dumping their XRT and never buy some, not traders like me. I didn't even mention what those accounts really are(They are official's sock puppet accounts), then I got kicked out immediately. That proved they are really secretly dumping their XRT token.
I have a theory about what they are doing.
They are going 2 ways.
Case 1. Try to deliver the AI launchpad, if it goes well, it's a success.
Case 2. If they can't Deliver their AI launchpad, doesn't matter, they've dumped a lot of XRT token, made a lot of money.
Well, as I said, dev is too dumb, it probably will end up as second one.
Now I'm here to warn everybody.
If you are already a XRPTurbo community member and you are counting on their AI launchpad, I want you to know:
XRPTurbo official is secretly dumping their XRT token, better give it up, because the dev is too dumb to deliver they launchpad.
If you don't care about their launchpad, just trade their token to make money, do not buy too much at once, they dump their token hard after somebody buys a lot. And they got tens of millions of XRT token waiting to dump!
At last, here's some XRPTurbo official's sock puppet accounts which they are using to dump XRT token:r9nCbAdadUM6DXV8PdGSMDtCm4e8xdBoXJ
rBUehCLMWyAV69GByTpsxMe2SrZQ2eWwSJ
r92VJ5AwvpQPHeqihqtGHqL6Y9YyvhoeQb
rn5vdemWye1NqwFv2zuRC3QzzTPPKvUwU5
rpkSXjQo1jHEgbuuayWaBfzeQAckMKhfL8
rGQbcXqo4iqi8PuU3yjZ1SGTdr89MkqegM
raFzooNfPxRXArxAhU31HJN46oKN6QhTGM
r237uvdGJLG52HiiYfHtEpcedsPGuWF29
rhoKcLJELydbRoVaC7sb8mAepSLar8eNwM
rpa1ocKKJP3hZfhBpHekCkRSPGzYfaaMSK
rJZKumQ8PW2YTVzodf1WBRTa2renXUo98z
rJBA2wxpNwKRGD6XHKdRrTATaguJSEhpZ9
rKWHkMjNooRQZBK5t1wJNnyV4dh8uCaT8j
Go check out their transactions, you will find out.
And there must be more! I will update the list once I find out more.
