@X589XRP

X589 is a meme coin on the XRP Ledger themed around the '589 prophecy' and XRP holder perseverance.

It features on-chain 'carvings' (The Stone) where users send XRP/X589 to a treasury wallet with memo messages.

Despite claiming transparent tokenomics with burned LP and public escrows, the project exhibits multiple red flags: brand-new account (created April 2026), extremely low engagement (190 followers, avg 3 interactions), vague '10 Pillars' roadmap with only 1 implemented, and a treasury wallet that collects user funds for 'carvings' without clear utility beyond vanity on-chain messages.

Green flags: Built on established XRP Ledger infrastructure · Claims transparent tokenomics with public treasury wallet and burned LP tokens

Red flags: Brand new account (April 2026) with only 190 followers and minimal engagement · Treasury wallet collects user funds for 'carvings' with unclear value proposition · 9 out of 10 promised 'Pillars' are not built (vaporware roadmap) · Generic meme coin hype without technical differentiation · Low-quality tweet content with excessive hashtags and minimal substance