The world’s highest IQ holder, YoungHoon Kim, has once more proven help for the main altcoin XRP after asserting the launch of a crypto token based mostly on the XRP Ledger (XRPL).
The challenge, which Kim considers a serious effort to help the XRP ecosystem, introduces a two-chain, two-role design constructed round each Solana and the XRP Ledger.
As a part of the challenge, Kim initially launched $LAMB, a Solana-native crypto asset primarily designed to drive group progress, social engagement, and meme tradition.
Whereas Kim revealed that the proposed XRP-based token will launch after the presale of $LAMB, he has but to announce the identify of the token.
Nonetheless, he revealed that the token goals to supply practical utility for the XRP Ledger and the broader XRP ecosystem, noting that it is going to be structured to inject worth immediately into XRPL.
As a part of its mission, the token will function the operational engine for decentralized governance, DAO participation, and on-chain engagement.
XRP group frowns at Kim’s XRPL initiative
Whereas Kim clearly declared that the launch of the token is geared toward supporting XRP, his initiative has obtained combined reactions from the XRP group, with the vast majority of commentators expressing displeasure with the challenge.
Reactions to the challenge present many customers expressing doubts in regards to the credibility of the challenge, Kim’s IQ declare, and the dangers related to the presale construction of the primary token, $LAMB, and the proposed token.
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A few of the criticism centered on Kim’s fixed value predictions, which have typically failed. His latest $3 prediction, which additionally failed as XRP remained under $2 inside the anticipated interval, has been perceived as a mere tactic to achieve consideration and ultimately dump his token.
Whereas it seems that the XRP group largely doubts the credibility of Kim’s crypto tasks amid claims of a suspected rip-off, the repeated daring predictions have additional fueled distrust and heightened skepticism in regards to the intentions behind Kim’s challenge.