If your logic is consider valid, 95% crypto is alike and will be regarded as scam, 2ndly at whole crypto market is parallel banking system.. Keep on studying you'll discover more..
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Toro Rosso
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Why I believe $XRP is the biggest crypto scam: > Top 100 holders hold 70% of total supply > Is down 60%-80% to BTC since inception > Billions of XRP get's minted and dumped on retail > Not a crypto but rather a banking system > Old & Slow technology
XRP chart looks like a perfect example of "pump and dump". This is not bullish chart at all. Be careful.
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