Donald Trump, the President of the United States, shared an article related to Ripple (XRP) on the social platform Truth Social on Wednesday, sparking excitement and speculation in the digital currency community. The article discusses Ripple being under the guidance of Brad Garlinghouse, leading to increased transactions and hiring in the United States after Trump’s victory in the November election. The post received 6.3K likes and 268 comments, with many including phrases like ‘XRP to the moon’ and discussions about Ripple becoming the reserve currency of the United States. Following this post, the price of the Ripple token remained around $2.55, but its trading volume increased by 26% in 24 hours, reaching $5.5 billion. This post comes as the Department of Government Efficiency (DOGE) under Elon Musk targeted the Securities and Exchange Commission (SEC) on Tuesday. This development could lead to positive outcomes for Ripple, as the company is facing a review request from the SEC regarding the issuance of unregistered securities. Additionally, the launch of a Ripple ETF fund is expected to be approved this year after the New York Stock Exchange and Grayscale’s requests were approved by the SEC. On the real-time digital currency price page, you can view the prices of all tokens and cryptocurrencies live and in real-time.
