XRP Ledger to Host New Token Despite Community Doubts on Credibility

CryptoBreaking
XRP0,8%
SOL0,91%
BTC0,92%

YoungHoon Kim, widely recognized for holding the world’s highest IQ score, has announced a new cryptocurrency project built on the XRP Ledger. The upcoming token is designed to support decentralized governance, DAO engagement, and enhance on-chain participation across the XRP ecosystem.

As the World’s Highest IQ 276 Holder, I launched my first token to stand with and support #XRP. My first token will introduce XRPL-linked token, creating real utility on the XRP Ledger.

Presale: pic.twitter.com/MvFejSDRU2

— YoungHoon Kim, IQ 276 (@yhbryankimiq) January 2, 2026

The initiative follows the earlier launch of $LAMB, a Solana-based asset aimed at promoting meme culture and social engagement. Kim confirmed that the new XRPL-based token will launch after the ongoing $LAMB presale concludes. However, the name of the upcoming token has not yet been disclosed.

Dual-Chain Project Strategy

Kim’s latest project introduces a two-chain, two-role framework involving both Solana and XRP Ledger technologies. While $LAMB drives initial community involvement, the XRPL token aims to provide tangible utility within the XRP ecosystem. The project plans to channel value directly into the XRP Ledger and offer tools for decentralized governance.

Despite claims of ecosystem support, the XRP community has expressed reservations about the project. Many users have voiced concerns over the structure of the $LAMB presale and raised doubts about Kim’s intentions. These concerns were amplified by Kim’s earlier XRP price prediction of $3, which did not materialize.

Ongoing Credibility Concerns

Some community members view the token launches and forecasts as strategies to attract attention before potentially exiting with gains. Additionally, skepticism has grown around Kim’s repeated public statements and bold predictions, many of which have failed to align with market performance.

The announcement has led to a divided response, with a large segment of the XRP community distancing itself from Kim’s project. While the developer claims to be contributing to the XRP ecosystem, many stakeholders are wary of potential risks associated with the venture.

This article was originally published as XRP Ledger to Host New Token Despite Community Doubts on Credibility on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

XRP CLARITY Act Vote in Focus as XRP Holds $1.34 and Senate Returns April 13

XRP is trading at $1.34 as traders await the Senate's action on the XRP CLARITY Act, with potential for significant ETF inflows. The Banking Committee's markup is expected in late April, crucial for defining XRP’s regulatory status.

Cryptonews3h ago

XRP Liquidity Fails To Recover After Massive October Crash - U.Today

Liquidity in major digital assets like XRP, BTC, ETH, and SOL remains low due to a significant deleveraging event on October 10, which caused a crash and a dramatic decrease in market depth. The aftermath has led to a sustained decline in these assets' liquidity, with potential implications for future institutional price discovery.

UToday5h ago

NewsAlert: Trump Issues Iran Ultimatum – How BTC, ETH, And XRP is Reacting

Trump raised the temperature again with a fresh Iran deadline and warnings of overwhelming force. The rhetoric was extreme, and markets treated it as immediate macro risk. To be precise, widely cited reports quote Trump saying Iran could be destroyed “in one night” if no deal is reached, not

LiveBTCNews14h ago
Comment
0/400
No comments