XRP (CRYPTO: XRP) is facing renewed criticism over its tokenomics and valuation, even as Ripple pushes the XRP Ledger into the emerging market for AI-agent payments.
‘Token Is Optional Infrastructure, Not Essential Utility'
Crypto trader Moody Hank argued on June 14 that XRP may still be expensive even near the $1 level, citing the token’s large supply, escrow structure and Ripple’s continued holdings.
He noted that XRP has a total supply of 100 billion tokens, with about 58 billion currently circulating and roughly 36 billion still held in escrow.
The trader criticized XRP’s pre-mined launch structure and argued that Ripple’s monthly escrow unlocks create a steady source of selling pressure.
