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Donald Trump Shares 2 Posts About Ripple- SEC Controversy!
Donald Trump shares posts on the Ripple-SEC legal battle. Explore his views and the latest developments in the ongoing controversy
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Prabaha Gupta
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Trump’s Truth Social came up with two posts last week, on Ripple. Both posts assured ongoing political and regulatory support!
President Trump’s Truth Social broke shocking news Ripple today. Two posts that arrived on the platform today are sure to spike the interests of traders and keep them anticipating!
Trump’s Truth Social has a high reach. With an active user base of 6.2 million and 1.9 daily active users, it is one of the most social platforms in the US and beyond.
The Posts That Shook the Crypto Market
Recently, Ripple’s CEO made some comments linked to how Trump will handle crypto trade in the US. Ripple had high hopes for Trump. It’s no secret that the SEC and Ripple share a love-hate relationship. A lot of Ripple’s verticals are under pause, due to SEC’s rulings.
CEO Brad Garlinghouse is under the impression that Ripple will get a lot more US-based deals if Trump steps in. That’s what happened in fact, during the last 6 weeks of 2024.
But what he said later in his speech is more significant. The CEO disclosed in the wake of new business possibilities from the US, 75% of Ripple’s new joining would be US-based.
Truth Social Post Reactions
XRP and Ripple’s users were ecstatic after Trump released the two posts on Truth Social. People hope that XRP will get better traction now, as Ripple should get some genuine regulatory and political support.
An investor said- “Trump will soon end the legal feud between SEC and Ripple.” Hopes ignited after Binance agreed to put their case at rest too. But remember that Trump’s post is only showing a projection. It might not be what the policymakers think.
Prabaha Gupta
Editor
Meet Prabaha, a passionate cryptocurrency enthusiast and experienced trader, with a deep understanding of blockchain technology and digital assets. With years of hands-on experience in navigating the volatile crypto markets, Prabaha shares expert insights, strategies, and up-to-date trends to help both new and seasoned traders make informed decisions. When not analyzing charts or writing about market movements, Prabaha stays ahead of the curve by exploring emerging technologies within the crypto space.
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