Crypto Bitlord Proposes 1:1 XRP Fork Excluding Whales
Crypto commentator Crypto Bitlord has proposed a 1:1 XRP fork to launch a new blockchain with an equitable airdrop distribution that excludes exchanges, founders, and whales. The XRP fork would create a hard fork from the existing ledger, aiming to test alternative governance and supply mechanics while reducing token concentration. By excluding large holders, the new chain could foster grassroots adoption and appeal to retail traders. However, some community members question the plan’s feasibility and warn that without institutional bank partnerships, a standalone fork might lack real-world utility. Ripple CTO David Schwartz has highlighted drawbacks of bank backing, suggesting that a community-driven model could offer a viable alternative. Traders should monitor developments around this proposed XRP fork for its potential to shift token demand and community dynamics.
Neutral
The proposal of an XRP fork is likely to have a neutral impact on the broader market. Historical forks like Bitcoin Cash and Ethereum Classic generated initial speculation but did not substantially alter the value trajectory of the original tokens. In the short term, announcements of a potential 1:1 XRP fork may trigger minor volatility as traders weigh the chances of a successful airdrop and possible token dilution. However, without clear institutional backing or a detailed technical roadmap, long-term demand for a standalone forked token remains uncertain. If the community-driven model gains traction, it could support grassroots adoption, but the core XRP network and its existing partnerships are unlikely to be affected materially. Overall, traders should view this news as a speculative development rather than a catalyst for a significant market shift.