The XRP cryptocurrency price exploded, and its market capitalization
spiked up above $46 billion following the news that Ripple Labs Inc [1]
has won a case [2] against the US Securities and Exchange Commission
(SEC) on 13 July 2023. In line with this, Twitter influencer
conversations around XRP witnessed a whopping spurt, reveals the Social
Media Analytics Platform [3] of GlobalData [4], a leading data and
analytics company.
Smitarani Tripathy, Social Media Analyst at GlobalData, comments:
“Twitter influencers sentiment was up on the victory of the Ripple, as
the judge rules it as not a security which also led the top crypto
exchanges to announce to relist XRP. Most of the influencers opine that
the win of Ripple stands as the legal precedent for the crypto industry,
which can be a giant leap for other cryptocurrencies as well.”
Below are a few most popular tweets captured by GlobalData’s Social
Media Analytics Platform:
* Julian Hosp, CEO at Cake Group: [5]
“All of crypto cheering Big win for the industry! Congrats to
all XRP hodlers who kept believing!! #RippleWins”
* Charles Hosiknson, CEO of IOG [6]:
“Well done XRP. One Small step for XRP Nation, one Giant leap for
Cryptocurrencies!”
* Avichal Garg, Managing Partner at Electric Capital: [7]
“XRP is the industry hero now. USD is a killer cryptocurrency. JPGs
are how Fortune 500s buy into crypto. The most entertaining outcome is
the most likely.”
* Brad Micheleson, Head of Marketing at eToro : [8]
“big sigh of relief from al the crypto exchanges suffering for
revenue, they might be able to relist xrp now”
* Jake Chervinsky, Chief Policy Officer at Blockchain Association: [9]
“Not legal advice, but my sense is US crypto exchanges should feel
good about relisting XRP today.”
* Ryan Sean Adams, Founder at Bankless: [10]
“XRP just did us a huge favor. I think XRP is a overvalued project
riding on vapor and a fanatic community of shillers but…and I never
thought i’d be saying this…Thank you XRP. You stopped Gensler’s
onslaught against crypto. If XRP ain’t a security…(almost) nothing
is.”
