{"id":6812,"date":"2025-01-09T13:03:58","date_gmt":"2025-01-09T13:03:58","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=6812"},"modified":"2025-01-09T13:03:58","modified_gmt":"2025-01-09T13:03:58","slug":"xrp-interest-jumps-as-brad-garlinghouse-meets-with-trump","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=6812","title":{"rendered":"XRP Interest Jumps as Brad Garlinghouse Meets With Trump"},"content":{"rendered":"
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Already the largest gainer among major cryptos since the U.S. November presidential election, Ripple’s XRP outperformed even more on Wednesday after Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty dined with President-elect Donald Trump.<\/p>\n<\/p>\n

“Great dinner last night \u2026 Strong start to 2025,” wrote Garlinghouse on X<\/a> alongside a picture of him and Alderoty with Trump.<\/p>\n<\/p>\n

The token is higher by about 2% over the past 24 hours versus roughly 2.5% declines for bitcoin and the broader CoinDesk 20 Index<\/a>. Since the Trump victory, it’s skyrocketed more than 300%, easily outpacing all of the other major cryptos. Another massive beneficiary of the election, dogecoin (DOGE), for instance, has “only” about doubled.<\/p>\n<\/p>\n

Crypto investors are looking for new developments to \u201cfuel the bull,\u201d said Aurelie Barthere, principal research analyst at Nansen. This would include news that U.S. inflation and the labor markets are cooling, or directions on the Trump administration’s future policies. Until there’s further clarity, though, she expects markets will be choppy.<\/p>\n<\/p>\n

\u201cWe expect ongoing softening in the U.S. labor market that should put a lid on U.S. rates and help crypto, including the XRP price, that is participating in the same move. […] \u201cRipple’s CEO meeting Trump before his inauguration is definitely a bullish sign,\u201d according to Barthere.<\/p>\n<\/p>\n

A potential XRP exchange-traded fund (ETF), which Ripple President Monica Long said she expects coming out of the U.S. this year<\/a> has also fueled the price of the token, as well as the firm\u2019s U.S. dollar stablecoin, RLUSD, received regulatory approval<\/a> in December. Earlier on Wednesday, the stablecoin was listed on crypto exchange Bitstamp.<\/p>\n<\/p>\n

\u201cWe\u2019re seeing a bias towards buying XRP from our franchise this week, mainly from retail brokers and crypto native funds,\u201d said Zahreddine Touag, Head of Trading at Paris-based market market Woorton. \u201cThis could be because of the positive news lately coming out from the Ripple foundation, namely the potential XRP ETF listing and launch of the RLUSD stablecoin.\u201d<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Already the largest gainer among major cryptos since the U.S. November presidential election, Ripple’s XRP outperformed even more on Wednesday after Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty dined with President-elect Donald Trump. “Great dinner last night \u2026 Strong start to 2025,” wrote Garlinghouse on X alongside a picture of him and […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-6812","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/6812","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6812"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/6812\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6812"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6812"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6812"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}