Correctly-known American businessman and owner of microblogging platform X Elon Musk straight mentions XRP for the first time.
Musk mentioned the seventh-greatest cryptocurrency by market cap in a viral video making rounds on Crypto Twitter.
In the video, the owner of X became requested to comment on whether or no longer he thinks XRP could perchance perchance also very effectively be integrated into the realm financial system within the kill, particularly in gentle of the SEC’s punitive nature toward cryptos.
Elon Musk Talks About XRP.pic.twitter.com/FFhvsF6PP7
— TheCryptoBasic (@thecryptobasic) October 21, 2024
Responding, Musk expressed a total opinion concerning the role of cryptocurrencies, including XRP, emphasizing that they attend as priceless resources against centralized adjust.
Alternatively, he namely mentioned that his comment “is no longer an endorsement or lack of endorsement for XRP.” Nonetheless, he believes that the nature of cryptos, respect XRP, promotes particular person freedom.
First Time Citing XRP
This marks the first time Musk has publicly commented on XRP in his speech. It’s rate pointing out that participants of the XRP neighborhood have been calling Musk’s attention to the asset on X to acquire his endorsement.
Alternatively, the American billionaire has refused to demonstrate XRP straight in any of his X posts. Musk’s loyalty lies with the sphere’s greatest memecoin, Dogecoin (DOGE). Interestingly, he has publicly suggested DOGE in quite a bit of tweets, especially within the 2020/2021 bull market.
His endorsement of DOGE contributed to pushing the token to an all-time high in 2021. Despite being a Dogecoin enthusiast, he has mentioned Bitcoin (BTC)) and Ethereum (ETH) on obvious cases. Seriously, here is the first time Musk has straight mentioned XRP in a comment.
