From a Troubled Past to a Bright Future: The Original $ARMY Token's Journey
We are the first $ARMY token initiative, founded by an unknown individual on October 20, 2024, on the xMagnetic platform. The so-called "community" of the $ARMY token initially consisted of around 20 individuals, each holding 5–6 wallets to distribute the supply among themselves. On November 7, 2024, all these wallets began transferring their allocated tokens to a single wallet (Rug-pull wallet: rDnTd5txotccPXDkTLXyRV7Eg56LCgVLcq), with the intent to sell off all tokens at once. This action caused the market cap to collapse from $3.5M to < $100k. Using the funds from this sell-off, the group then created a new token at 2024-11-10 08:50:12 UTC on the FirstLedger platform (Funding wallet: rHDkTGymZL6WQbrrsxPnpeTqhcF8S44kR1) (transaction to new coin Issuer (rGG3wQ4kUzd7Jnmk1n5NWPZjjut62kCBfC)) with the same ticker symbol ($ARMY). Transaction link: View Transaction on XRPL Explorer. The remaining OG group bought back and burned the entire supply that had been sold off, reducing the initial supply of 589M tokens to 150M tokens.
Our journey began with a fundamental step—setting up an XRPL node to fully explore the ecosystem. This project had been in our archives for two years, waiting for the right moment. When the time finally came, we didn’t hesitate. What followed was weeks of deep research, long nights, and relentless development. One thing became clear: XRPL is unlike anything else—a network of untapped potential with limitless opportunities. Within just four weeks, we launched XRPL.GURU v1.0—a platform designed to track, analyze, and understand liquidity movements within the evolving XRPL token economy. Our primary goal was to build a robust foundation for data-driven insights. With the data in our hands, the next step became evident. As a team, we made a strategic decision: pause marketing, focus entirely on development. We understand the power of visibility, but for now, we let our progress speak for itself.
We believe XRPL is the future, and the vision of a world running on XRPL is closer than many realize. In the next 3 to 5 years, the impact of this technology will be undeniable. Those who once dismissed it will soon recognize its significance. This is just the beginning. We invite developers, writers, and networkers to join our community—not just to witness innovation but to be part of it. We do this because we believe in the transformative power of XRPL. A technology that can reshape industries, redefine finance, and drive global change—for the better, forever.