The XRP cryptocurrency price exploded, and its market capitalization spiked up above $46 billion following the news that Ripple Labs Inc has won a case against the US Securities and Exchange Commission (SEC) on 13 July 2023. In line with this, Twitter influencer conversations around XRP witnessed a whopping spurt, reveals the Social Media Analytics Platform of GlobalData, a leading data and analytics company.
Smitarani Tripathy, Social Media Analyst at GlobalData, comments: “Twitter influencers sentiment was up on the victory of the Ripple, as the judge rules it as not a security which also led the top crypto exchanges to announce to relist XRP. Most of the influencers opine that the win of Ripple stands as the legal precedent for the crypto industry, which can be a giant leap for other cryptocurrencies as well.”
Below are a few most popular tweets captured by GlobalData’s Social Media Analytics Platform:
“All of crypto cheering ❤️Big win for the industry! Congrats to all XRP hodlers who kept believing!! #RippleWins”
“Well done XRP. One Small step for XRP Nation, one Giant leap for Cryptocurrencies!”
“XRP is the industry hero now. USD is a killer cryptocurrency. JPGs are how Fortune 500s buy into crypto. The most entertaining outcome is the most likely.”
“big sigh of relief from al the crypto exchanges suffering for revenue, they might be able to relist xrp now”
“Not legal advice, but my sense is US crypto exchanges should feel good about relisting XRP today.”
“XRP just did us a huge favor. I think XRP is a overvalued project riding on vapor and a fanatic community of shillers but…and I never thought i’d be saying this…Thank you XRP. You stopped Gensler’s onslaught against crypto. If XRP ain’t a security…(almost) nothing is.”
