They are so angry that some of them have filed petitions on social media platforms like Twitter, requesting that the company stops selling tokens. According to sources, traders were alerted that an XRP holder was selling 1 billion XRP with a value of $258,488,781.
Other members of the XRP community have expressed their frustration about Ripple selling XRP to its clients to fund various investments.
According to XRP investor CryptoBitlord, he’s considering forking XRP so they don’t have to deal with founders dumping, but this will be a community effort.
It’s important to note that Ripple still stands as the 3rd largest coin by market cap and its current value is $0.2620. It seems that every time the price dips below $0.2500, investors come in and support XRP.
Meanwhile, Bitcoin has completed a full U-turn after a sudden sell-off last week and begun climbing back above the $10,655 mark where it’s currently resting. That’s a 7% increase in a 24-hour trading period.