Garlinghouse Baits XRP Community Ahead of Celebratory Event

Ripple’s CEO, Brad Garlinghouse, recently revealed his unwavering commitment to XRP through an unexpected gesture.

Brad Garlinghouse holding his mouth shut.
Created by Kornelija Poderskytė from DailyCoin
  • Brad Garlinghouse has just unveiled a surprising personal statement.
  • Expectations for major XRP-related announcements during the event have remained unmet.
  • Garlinghouse’s unconventional gesture has embodied a profound commitment to XRP.

Ripple’s CEO, Brad Garlinghouse, made a noteworthy statement regarding his loyalty to XRP, and while it didn’t come amid a grand event, it quietly surfaced on social media after Ripple’s celebratory gathering in New York City, known as ‘The Proper Party.’ 

No Major XRP Announcements

The community had high hopes for major announcements during the event, particularly concerning XRP. However, none materialized. Instead, Garlinghouse opted to share a personal milestone on social media after the event: his brand-new tattoo featuring the XRP logo

In a concise post, he mentioned, “Tonight’s event is merely a celebration…but I’ll reveal my recent addition.

Garlinghouse Commits to Cryptocurrency in a Unique Way

The act of permanently inscribing a widely-recognized cryptocurrency logo made waves within the XRP community. The simplicity of Garlinghouse’s gesture resonated deeply, symbolizing a profound personal commitment to this digital asset. 

This news rapidly disseminated across various social media platforms, sparking substantial attention and fostering discussions among ardent XRP enthusiasts. Garlinghouse’s post left a lasting impression, amassing a remarkable 300,000 views and underscoring the profound impact of this subtle yet potent declaration.

On the day of the event, XRP experienced a noteworthy 2.32% price surge. This ascent followed a brisk 7.89% jump near the opening of the trading day. However, as the day progressed, XRP’s value began to decline, ultimately settling at $0.5216 by day’s end. At the time of writing XRP is valued at $0.517.

On the Flipside

  • Such events are merely short-term hype generators and don’t necessarily translate into long-term value or stability for digital assets.
  • While the XRP community was eagerly anticipating a significant announcement during Ripple’s celebratory event, they were instead presented with Brad Garlinghouse’s tattoo reveal.

Why This Matters

Brad Garlinghouse’s discreet yet symbolic act of tattooing the XRP logo serves as a testament to the unwavering dedication of influential figures in the crypto world. It highlights the personal commitments that underpin the digital asset landscape, reinforcing the idea that cryptocurrencies are not just financial instruments but powerful cultural symbols.

Sponsored

To learn more about Ripple’s recent decision to back out of the proposed Fortress Trust acquisition deal, read here:
Ripple Backs Out of Proposed Fortress Trust Acquisition Deal

For insights into Brad Garlinghouse’s candid remarks on Gary Gensler’s recent regulatory actions, dive into the discussion here:
Ripple’s Garlinghouse Derides Gensler’s Actions as Insanity

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Kyle Calvert

Kyle Calvert is a cryptocurrency news reporter for DailyCoin, specializing in Ripple, stablecoins, as well as price and market analysis news. Before his current role, Kyle worked as a student researcher in the cryptocurrency industry, gaining an understanding of how digital currencies work, their potential uses, and their impact on the economy and society. He completed his Masters and Honors degrees in Blockchain Technology within Esports and Business and Event management within Esports at Staffordshire University.