Post
Topic
Board Altcoin Discussion
Re: XRP is doomed...
by
WeedGoW
on 19/02/2025, 20:53:51 UTC
Chris Larsen donated more than $1m to Kamala Harris' political campaign in XRP lately. However, the Democratic US presidential candidate lost against Republican contender Donald Trump. Considering Kamala's "embarrassing" loss, does this mean XRP lost too? After all, XRP was donated to her political campaign. Trump expressed his rejection of a US CBDC, so a centralized coin like XRP will be heavily-scrutinized in the upcoming administration.

I think a huge "dump" awaits for XRP soon. Don't you agree?  Roll Eyes
It’s great to read this important post because political changes sometimes affect the market and specific assets, but the future of XRP will not only be determined by political side. I think that if the XRP original investors suddenly sell huge amount of XRP, then the fears may be the condition, but if Ripple has a lot of its own storage, they usually don’t hoot and drop in the market by step by step. But political change in this coin can cause some pressure, but there is much less chance that it will be destroyed directly. If good relations with the US administration are also developed, then this XRP can return to new forms and have many major effects on the market.