Ripple CTO Stuns XRP Army With His Recent Tweet: ‘XRP Fixes This’
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Chief technology officer at Ripple Labs and co-creator of XRP Ledger David Schwartz has stirred the crypto community with his recent tweet about the Ripple-affiliated XRP token.
Schwartz posted a video showing a car trying its best to get passed a big truck. It was a repost from another account with the comment made by the Ripple CTO, “XRP fixes this.”
An inflow of comments from the XRP army followed, including major XRP-focused accounts, where users began to post laughing emojis, comparing the speed of an accelerating car to the potential XRP price.
XRP fixes this. https://t.co/BjZkIb7aSO
— David “JoelKatz” Schwartz (@JoelKatz) August 21, 2023
The XRP army has demonstrated that despite the current drop in the token’s price, they remain optimistic and bullish on XRP’s future.
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Whales secretly accumulate billions of XRP
Recently, Santiment on-chain data vendor reported that large XRP wallet owners continued to accumulate massive amounts of XRP. These 221 wallets, which previously held between 10 million and 1 billion XRP, now hold 16.13 billion XRP tokens in total. That amount of XRP is worth a staggering $8.1 billion.
This accumulation was a likely driver that pushed the XRP price up 6.5% over the weekend. However, since then, the price has again dropped by 5.4%, leaving XRP to trade at $0.51762, unable to push through the resistance level.
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The post Ripple CTO Stuns XRP Army With His Recent Tweet: ‘XRP Fixes This’ appeared first on Crypto News Australia.
Filed under: Bitcoin - @ August 22, 2023 4:11 pm