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Twitter influencers see Ripple win over SEC as big leap for crypto industry, says GlobalData

July 14, 2023 (Investorideas.com Newswire) 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:

Julian Hosp, CEO at Cake Group:

“All of crypto cheering Big win for the industry! Congrats to all XRP hodlers who kept believing!! #RippleWins”

Charles Hosiknson, CEO of IOG:

“Well done XRP. One Small step for XRP Nation, one Giant leap for Cryptocurrencies!”

Avichal Garg, Managing Partner at Electric Capital:

“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.”

Brad Micheleson, Head of Marketing at eToro :

“big sigh of relief from al the crypto exchanges suffering for revenue, they might be able to relist xrp now”

Jake Chervinsky, Chief Policy Officer at Blockchain Association:

“Not legal advice, but my sense is US crypto exchanges should feel good about relisting XRP today.”

Ryan Sean Adams, Founder at Bankless:

“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.”

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Analysts available for comment. Please contact the GlobalData Press Office:

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Email: pr@globaldata.com

Notes to Editors

Quotes are provided by Aurojyoti Bose, Lead Analyst at GlobalData
The information is based on GlobalData’s Financial Deals Database
This press release was written using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis conducted by GlobalData’s team of industry experts.

About GlobalData

4,000 of the world’s largest companies, including over 70% of FTSE 100 and 60% of Fortune 100 companies, make more timely and better business decisions thanks to GlobalData’s unique data, expert analysis and innovative solutions, all in one platform. GlobalData’s mission is to help our clients decode the future to be more successful and innovative across a range of industries, including the healthcare, consumer, retail, financial, technology and professional services sectors.

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