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Recent social media posts from Gemini, a major cryptocurrency exchange, have agitated significant interest to the XRP community.
Gemini's posts, which hint at XRP-related developments, are both cryptic and suggestive.
Messages include phrases like “xarriving shortly” and “excited about xrp.” They have given rise to much speculation among followers and market analysts.
XRP Community Speculates
The XRP community has been abuzz with speculation following Gemini's recent social media activity.
Notable community influencers such as Crypto Eri have suggested that Gemini's posts could hint at a new European Union joint venture for a Spot XRP ETF, given Gemini's recent approval as a data services provider. digital assets (DASP) in France and its role as custodian for the new VanEck group. launched the Spot Bitcoin ETF.
Likewise, many in the XRP community compared the current posts to those from August 2023, which was followed by Gemini's re-listing of XRP on its exchange.
The community expects that the recent approval of Gemini in France may lead to further expansion of XRP trading options.
Gemini's evolving position on XRP
Gemini's recent positive tone towards XRP marks a significant shift from its previous stance. The exchange, co-founded by the Winklevoss twins, has always been critical of XRP.
In 2020, the twins engaged in a public spat with XRP advocates, leading Tyler Winklevoss to call some trolls “stupid.”
This acrimonious history makes current developments even more remarkable.
Gemini's August 2023 listing of XRP, which allows trading in various currency pairs including USD, GBP, and EUR, follows a favorable ruling in the Ripple v. SEC case.
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