Tuesday, November 12, 2024
HomeCryptocurrencyFormer U.S. President Donald Trump Accepts XRP

Former U.S. President Donald Trump Accepts XRP

The move by former U.S. President Donald Trump to accept cryptocurrency donations for his campaign is still drawing positive responses from the crypto world on X. JackTheRippler (@RippleXrpie) a well-known figure in the crypto community, highlighted this notable move, adding a new layer to it.

JackTheRippler emphasized that Trump’s acceptance of XRP demonstrates his pro-XRP stance while positioning him against Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC). He wrote, “Donald Trump accepts #XRP for his campaign. He is pro-XRP and anti-Gary Gensler!” The announcement has sparked various reactions within the XRP community.

Trump began accepting cryptocurrency donations, including XRP, in May 2024. Ripple’s Chief Legal Officer, Stuart Alderoty, also made headlines when he donated $300,000 worth of XRP to Trump’s campaign in July.

Despite the variety of cryptocurrencies being accepted by the Trump campaign, XRP continues to stand out due to the recently concluded legal battle between Ripple and the SEC, with Gensler’s leadership at the center of the prolonged lawsuit.

XRP Army Reacts

Responses to JackTheRippler’s post were mixed. One user pointed out that while Trump’s acceptance of XRP is bullish, XRP is not the exclusive cryptocurrency Trump’s campaign accepts.

JackTheRippler responded by reaffirming that “he is STILL PRO XRP and anti-Gary Gensler.” Although Trump accepts many cryptocurrencies, putting XRP on the list shows his pro-XRP stance and affirms the beliefs of many that he will remove Gensler if he becomes President.

Another user responded more positively, stating, “That’s awesome and going to be ‘huge,’” aligning with the enthusiasm expressed by many XRP supporters who see this as a major step toward broader adoption of the cryptocurrency.

Additionally, another commenter saw the announcement as a way to “significantly boost XRP’s visibility and adoption.” These optimistic views reflect the growing sentiment that XRP’s inclusion in Trump’s campaign could elevate the token’s status in the eyes of both investors and the general public.

However, not all responses were overwhelmingly positive. One user questioned the significance of the announcement, saying, “Have you seen the top cryptos? In case you haven’t, XRP is one of them so makes sense to accept it. Nothing special about it.” This user believes XRP’s inclusion is a logical decision rather than a groundbreaking moment.

Despite the varied reactions, the inclusion of XRP in Trump’s campaign marks an important moment for the XRP community. It showcases the growing acceptance of the token and cements Trump’s support for XRP and its community.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.


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Tobi Loba
Tobi Loba
Tobi Loba is a passionate writer with a vast interest in the stock market. She joined the crypto ecosystem about three years ago and has written lots of ebooks and articles in relation to cryptocurrency and blockchain projects. Tobi Loba earned her degree at the University of Ibadan.
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