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Litecoin vs XRP: How a Joke Led to a Crisis

Litecoin vs XRP: How a Joke Led to a Crisis

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by Giorgi Kostiuk

3 days ago


A scandal has erupted in the crypto world as Litecoin, one of the oldest alternative cryptocurrencies, mocked Ripple and CEO Brad Garlinghouse in a viral social media post.

The Controversial Litecoin Post

The official Litecoin account on X posted a provocative message that garnered nearly 700,000 views. It contained a harsh mockery of Ripple and its leadership. Many users from the XRP community responded by selling their Litecoin (LTC) tokens.

Response from the XRP Community

Despite the joking tone of the post, members of the XRP community expressed outrage and even threatened legal actions. Litecoin continued the banter by discussing the so-called 'vitriol within the community', which was making 'horrible' claims and reacting to criticism far too seriously.

Current Market Positions of the Tokens

Amid this conflict, both cryptocurrencies are currently in the red. According to CoinGecko data, Litecoin (LTC) is down 1.5%, while XRP has dipped by 2.2%.

The conflict between Litecoin and XRP highlights how internet provocations can provoke significant reactions in the crypto community, despite the overall negative market trend.

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