Wednesday, May 22, 2024
HomeCryptocurrencyTop Crypto Proponent Supports Ripple over SEC, Predicts XRP to Moon but...

Top Crypto Proponent Supports Ripple over SEC, Predicts XRP to Moon but Says He Won’t Buy. Here’s Why

Lark Davis opposes the SEC in the soon–to–end XRP lawsuit but continues to demonstrate his all-out hostility toward the XRP Ledger native token.

But the XRP community is not bothered by the latest comment from the popular Youtuber as they remain focused on the outcome of the Ripple-SEC case predicted to end in Q1 of 2023 by Ripple CEO Brad Garlinghouse.

Crypto Youtuber Expresses Support for Ripple

A couple of hours ago, the widely followed crypto influencer expressed support for the cross-border payment services provider Ripple in their prevailing court case with the United States Securities and Exchange Commission (SEC). But according to him, he is not a fan of the Ripple-related crypto asset – XRP.

Per the Friday tweet, the Bitcoin maximalist Lark Davis disclosed that he would not invest in XRP even if the San Francisco–based crypto solutions company defeated the Gary Gensler–led securities agency, which goes further to prove that XRP is not a security. 

“I hope that XRP wins their court case but I am still not going to buy it,” he tweeted. Notably, this statement comes even though he expects the XRP price to pump if the Ripple-SEC case ends in favor of the top crypto asset. “Never really been much of an XRP fan but will probably moon if they win the case,” he tweeted on November 1. 

Read Also: Expert Analyst Predicts Massive Upside for XRP and Bitcoin (BTC). Here’s His Chart

XRP Community Reacts

The unbothered members of the XRP community didn’t hesitate to jump on Lark Davis over the misrepresentation of identity in his assertion. Apparently, his statement was incorrect because XRP is just a digital asset incapable of the ability bestowed on it by Lark.  

Several XRP community members went further to tease the crypto YouTuber for not knowing the difference between Ripple and XRP. Alex Cobb wrote, “XRP is not in a court case, Ripple is. Also, nobody asked.” “You do know the difference between Ripple and XRP right? I hope so anyway,” another user named Perry said

As previously reported by TimesTabloid, John Deaton – the attorney representing over 75,000 XRP holders in the ongoing Ripple-SEC case – slammed Lark Davis for this same issue of misapplying the sixth–largest cryptocurrency by market capitalization XRP. 

<

Back then, Davis attempted to demean the value proposition of XRP, given that the financial services colossus JPMorgan, adopted AAVE and MATIC to execute a cross-border payment in a regulatory pilot test in Singapore.


Follow us on Twitter, Facebook, Telegram, and Google News

Ndianabasi Tom
Ndianabasi Tom
Ndianabasi Tom joined the crypto and blockchain industry in late 2018. He is an all-rounded crypto journalist and content writer. At TimesTabloid, he covers the industry's latest news, developments, and other educational content. He is a graduate of Petroleum Engineering.
RELATED ARTICLES

Latest News & Articles