Former NEAR Developer: "XRP Community Is Like a Religion... A Group That Believes in $10,000"
JH Kim
Summary
- Former NEAR Foundation engineer Altan Tutar said the XRP community believes in the price increase almost like a religion.
- Tutar stated that the strong collective conviction that XRP will reach $10,000 someday serves as a powerful marketing tool.
- He pointed out that profits do not come from real value creation, but from strong faith.
According to the cryptocurrency-focused media outlet The Crypto Basic on the 27th (local time), former NEAR Foundation engineer Altan Tutar criticized the XRP community by comparing it to a 'religion.'
He appeared on a recent podcast, saying, "There are many people in the XRP community who believe religiously that the price of XRP will someday reach $10,000," adding, "I think this strong conviction is an amazing marketing tool."
He continued, "I've never seen this level of collective faith in any other cryptocurrency community," and pointed out, "In the end, profits are derived not from real value creation, but from a strong belief that prices will rise someday."


JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.![[Market] Bitcoin falls below $71,000…Lowest level since October 2024](https://media.bloomingbit.io/PROD/news/0e5880b9-61dd-49d4-9d2e-c47a3fb33a93.webp?w=250)



