Finance Coach Warns: Anyone Claiming “Insider Knowledge” on XRP Is Fake

A finance coach has issued a warning to XRP holders to be wary of influencers who claim to have insider knowledge regarding Ripple and XRP.

The XRP community remains one of the largest and most active in the crypto space, and this has subjected it to multiple scam attempts and a surge of influencers seeking to capitalize on impressions. Some of these influencers often purport to have “insider knowledge” as they look to legitimize their claims.

Meanwhile, a financial coach has warned investors against paying attention to these influencers or making financial decisions based on their commentaries, suggesting that most of the “insider information” is really just a series of responses from AI chatbots like Grok AI and ChatGPT.

Key Points

• The XRP community remains one of the largest and most active communities in crypto, often dominating global industry discussions.
• While this active community base has its advantages, it has opened up XRP holders to outright scams and shady influencers.
• Some of these influencers often purport to have insider knowledge as a way to legitimize their claims around XRP and Ripple.
• A finance coach has come up to discredit these individuals, warning XRP holders to be wary of them.

“Insider Knowledge”

Coach JV, a well-known commentator, presented this warning in a recent post. Notably, claims of insider knowledge have often dominated the XRP community amid a surge in theories that suggest XRP could rise to higher valuations, such as a three-digit price. These insider knowledge claims have bordered on Ripple partnerships, XRP’s institutional adoption, and price action.

For instance, Kendra Hill, an anonymous XRP community member, sprang up in 2018 and made multiple claims, which many noted would only be based on insider knowledge. She propagated rumors of secret partnerships with large global firms and claimed that XRP and XLM were the “chosen” tokens for the future of finance.

Meanwhile, most recently, a community pundit with the pseudonym “TheXRPGuy” claimed to have met with an investment banker. According to him, the banker suggested that the bottom is in and next week would be “huge for XRP.” He argued that most people would regret not following him. 

A Stern Warning

Coach JV took to X to discredit claims such as these. While the finance coach remains bullish on XRP, often charging investors to remain patient, he argued that influencers who claim to have any sort of insider knowledge on the behind-the-scenes events surrounding XRP are “full of shit.”

According to Coach JV, these individuals often generate responses from AI chatbots such as Grok and ChatGPT and leverage the information from these responses as “insider knowledge.” Coach JV urged investors to “use discernment” in their dealings within the community.

Why Is This Important?

Coach JV’s advice on using discernment is important to the community because false claims of insider knowledge around XRP and its price can mislead investors into chasing fake certainty. 

Notably, when people trust these claims, they often buy or sell based on hype instead of facts, which increases the risk of losses. Such claims also lead to emotional trading, distort market expectations, and erase trust when the promised outcomes fail to happen.