XRP Is One Crypto This Analyst Won't Touch Again — Here's What He Prefers Instead

XRP (CRYPTO: XRP) is the one cryptocurrency analyst Scott Melker says he would "never touch again."

He expects the next market cycle to draw a sharper line between tokens with genuine utility and value accrual and those designed primarily to enrich insiders and early investors.

Why Melker Won’t Touch XRP Again?

Melker in a "51 Insights – What Matters in Digital Assets" podcast on Sep.23 cautioned "XRP. Sorry, guys."

He linked his stance to a broader criticism of crypto projects that raised substantial amounts of capital before developing businesses and products around their ecosystems.

Melker’s comments formed part of a broader argument that crypto investors should distinguish between adoption of a company or network and whether that activity ultimately creates value for holders of its associated token.

He said his own investment philosophy has changed substantially since entering crypto in 2016. Initially, he bought and traded numerous tokens but now focuses heavily on Bitcoin (CRYPTO: BTC), alongside a much smaller group of digital assets.

Most Crypto Tokens Won’t Survive

Melker argued that previous crypto cycles allowed projects to achieve enormous valuations based on narratives and long-term promises rather than existing products, revenue or usage.