According to @kwok_phil, the common claim that Ripple and its cofounders hold too much XRP and keep dumping is overstated, and he concludes the tokenomics design is not bad, which is relevant for assessing XRP selling pressure in trading decisions, source: @kwok_phil on X, Aug 12, 2025. He acknowledges Ripple and its founders have sold a lot of XRP but argues this does not equate to flawed tokenomics, challenging the prevailing supply-overhang narrative that traders often price in, source: @kwok_phil on X, Aug 12, 2025.