Coin Edition
2025-01-17 11:10:00

Ripple Debunks Trump Rumors as XRP Hits a 7-Year High

Ripple debunks Trump rumors, calling allegations fabricated amid XRP’s 7-year price high. XRP reaches $3.40, with strong momentum as bulls dominate and RSI signals overbought conditions. Ripple warns of rising misinformation targeting XRP as its market cap nears Ethereum’s position Rumors of President-elect Donald Trump allegedly rebuking Ripple during his campaign gained traction today, coinciding with XRP’s surge to a 7-year high. Separately, the New York Post reported Trump is considering adding Bitcoin and U.S.-issued cryptocurrencies to the national reserve. However, a report by Unchained, authored by Sage D. Young and Veronica Irwin, dismissed the claims as baseless , citing three unnamed sources. Source: Axios In a now-deleted X post , DEGEN News was spreading news on how Trump rebuked Ripple for withholding support during his campaign. Ripple’s Response to Allegations The entire incident was termed pure fiction by Ripple’s chief legal officer, Stuart Alderoty. John Deaton, a staunch Ripple supporter and partner at Deaton Law Firm, warned of such false claims becoming more rampant as XRP continues its upward trajectory. Re… The post Ripple Debunks Trump Rumors as XRP Hits a 7-Year High appeared first on Coin Edition .

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