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Donald Trump’s Ripple Mentions Shake Up Crypto: Details
In a sudden and unexpected turn of events, former US President Donald Trump has taken to his Truth Social platform to share two separate articles about Ripple and XRP, leaving the crypto community stunned. The seemingly innocuous posts have sent shockwaves throughout the industry.
The first post included an article from Fox News titled “Ripple’s XRP Ledger Overtakes Ethereum in One Month,” which appeared to highlight Ripple’s impressive growth and achievements on its platform. However, it remains unclear what specific aspect of this news prompted Trump to share the article.
In his second post, the former president linked to another article by CNBC called “Ripple’s RLUSD Hits A ‘Huge Milestone’ As XRP Ledger Overtakes Ethereum.” The content of this article revolves around Ripple’s significant progress in its own ledger technology and cryptocurrency, emphasizing its potential as a viable option for institutional investors.
The reasons behind Trump’s sudden interest in Ripple remain unclear. Despite being well-known for his enthusiastic support of various projects he deems successful, it is difficult to pinpoint the exact motivations driving his recent posts.
Source: bitcoinist.com
