XRP Token (CRYPTO: XRP) from Ripple has been one of the top gainers in the cryptocurrency sector and could be benefiting from the 2024 election won by Donald Trump.
Ripple Labs executives have also met with Trump, prompting optimism for its future. Here’s a look back at another president connected to Ripple and how much investors could have made buying the token at the time.
What Happened: Ripple CEO Brad Garlinghouse recently posted a photo of himself and Ripple Chief Legal Officer Stuart Alderoty with Trump on social media platform X.
“Great dinner last night with Donald Trump & Stuart Alderoty. Strong start to 2025!” Garlinghouse tweeted with the photo.
XRP, like many cryptocurrencies, has soared since Trump’s win. While XRP has not returned to all-time highs set back in early 2018, the cryptocurrency is up over 300% in the last year.
Garlinghouse also recently disclosed 75% of Ripple’s job openings are based in the U.S., a strong contrast to where the company’s hiring practices were over the past four years. The CEO also said that more U.S. deals had been signed in the last six weeks of 2024 than in the previous six months of the year.
Ripple executives sound optimistic about the new White House administration and are letting investors and holders know that Trump …Full story available on Benzinga.com