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Cryptocurrency News Articles
Donald Trump Accepts XRP Donations for His Campaign, Positioning Himself Against Gary Gensler
Sep 21, 2024 at 01:35 pm
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.
Former U.S. President Donald Trump's campaign is now accepting cryptocurrency donations, a move that has garnered attention from the crypto community. Among those highlighting this development is JackTheRippler (@RippleXrpie), a well-known figure in the crypto community.
JackTheRippler's tweet on this matter adds a new layer to the announcement, emphasizing Trump's stance on XRP and positioning him against Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC). JackTheRippler's tweet reads, “Donald Trump accepts #XRP for his campaign. He is pro-XRP and anti-Gary Gensler!” This announcement has sparked varied reactions within the XRP community.
Trump began accepting cryptocurrency donations, including XRP, in May 2024. Among those making headlines for their donations is Ripple's Chief Legal Officer Stuart Alderoty, who donated $300,000 worth of XRP to Trump's campaign in July.
Of the various cryptocurrencies being accepted by the Trump campaign, XRP stands out due to the recently concluded legal battle between Ripple and the SEC, with Gensler's leadership being a focal point of the prolonged lawsuit.
XRP Army Reacts
Responses to JackTheRippler's post varied, with one user highlighting that while Trump accepting XRP is bullish, XRP is not the only cryptocurrency being accepted by his campaign.
JackTheRippler responded by emphasizing that “he is STILL PRO XRP and anti Gary Gensler.” Though Trump accepts many cryptocurrencies, putting XRP on the list showcases his pro-XRP stance and aligns with the belief held by many that he will remove Gensler if he becomes President.
Another user's response was more positive, aligning with the enthusiasm expressed by many XRP supporters, who view this announcement as a major step toward broader adoption of the cryptocurrency. The user's comment reads, “That's awesome and going to be ‘huge.’”
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Another commenter viewed this announcement as a way to “boost XRP's visibility and adoption massively.” These optimistic views showcase 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, with one user questioning the significance of the announcement. The user's comment reads, “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 feels that 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, showcasing the growing acceptance of the token and highlighting Trump's support for XRP and its community.
Note: This content is purely informative and does not constitute financial advice. The views expressed in this article are those of the author and do not necessarily reflect the position of Times Tabloid. Readers are advised to conduct their own research before making any investment decisions. Any action taken by the reader is at their own risk and Times Tabloid will not be held liable for any financial losses.
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