XRP Classic aka XRPC is a new coin that has surfaced on Twitter and other cryptocurrency ranking websites and the community considers this new coin a scam.
XRP community is a tightly knit community with some staunch believers. It has come together to report this ‘copy-cat’ of XRP, XRP Classic. The new coin has the same logo as Ripple but Orange in color and is being called “XRP Classic”.
CoinMarketCap, a very famous website that is being used by millions of people around the world has also listed this coin on their website. However, the market cap of this coin and circulating supply is not yet mentioned but it was trading at $0.000001, at the time of writing. As per a report by The Daily Hodl, it is an ERC20 token.
The coin is also listed on Coingecko, another cryptocurrency ranking website. The website mentions that XRPC is listed on three exchanges viz., Mercatox via trade pair XRPC/USDT, EtherFlyer via trade pair XRPC/ETH, and Token Store via trade pair XRPC/ETH and the total trading volume for XRPC was a mere $198.52, at the time of writing.
The so-called ‘Whitepaper’ of XRP Classic gives out a very non-professional look. Their “Mission Statement” is filled with mistakes and it has symbols that don’t fit in.
The XRP community on Twitter was quick to notice this coin as @Alexcryptox tweeted on January 14 saying:
“WHAT SCAM IS XRPCLASSIC AND WHY IS COINMARKET CAP LISTING IT!!!
This is a prime example of why we need regulation to save people from this!”
A Twitter user @AndrewTPCB tweeted:
“Please support my cryptocurrency #xrpclassic
We will soon be at 2usd in price.
“Wow! Blatantly Scamming folks as if it ain’t no thang… Welcome to Crypto Twitter folks
THERE IS AND WILL ONLY EVER BE ONLY ONE #XRP – Not even Stellar Lumens (#XLM) could make a decent Copy”