His words are correct.. The value of cryptocurrencies derives from their decentralization and the difficulty of mining them. These two conditions are not met in XRP. Therefore, this currency is supposed to be valued at 0.01 at most.

Jeremy Da Vinci, one of the early adopters of Bitcoin and a content creator in the field of cryptocurrencies, sparked widespread controversy after describing XRP as a scam coin that can be bet on, in a tweet where he attacked the currency associated with Ripple, while praising Bitcoin as the best means of storing wealth.