Ripple ‘should act in her own interest “when selling XRP – Ripple CTO

Ripple Labs is free to sell XRP tokens to raise operating capital, in accordance with the comments of company directors. His remarks have caused concerns among cryptocurrent investors.

“XRP is not security because Ripple doesn’t actually owe the” utility “or anything,” Pierre Rochard, Vice President of Research on Riots, wrote by 5. Marta x post.

“They’re free to deal with you and you don’t have anything but to join them in Dumping XRP,” Rohard said, “just” becoming tokens, “just” to get tokens were not thrown on you. “

“100% right. Imo, Ripple Can, Will, and should act on one’s own interest” replied David “Joelkatz” Schwartz, Ripple Chief Officer, adding:

“You shouldn’t expect Riple to behave in your interest in the detriment of your own interest or those of her shareholders.”

Comments come during a period of increased interest in investors for Ripple XRP (XRP) Reserves, just two days after beccchain investigator Zachkbt discovered a dormant KSRP wallet worth $ 7 billion, which can belong to Ripple Co-Founder Chris Larsen.

“With the announcement of American CRIPTO Reserve, here is your Larsen’s address (Council of Ripple) remains 2,7b + XRP (7.18b), and these addresses are 109 million KSRP in January 2025. years,” investigator in January 3 March 1525. Years. mail.

However, most of these addresses have been dormant for more than six years, which means Larsen could lose access.

Related: Trump will host the first cropto white house summit, 7. Marta

XRP Rally is short-lived despite the announcement of Trump Reserve

XRP exceeded the wider crypto market along with Cardano’s (Ada) and Solana (Salt) token 3. March after US President Announced Donald Trump that his working group on digital property is directed to include these three Altcons in the US Strategic Reserve in the United States, together with Bitcoin (BTC) and ETAR (ETH).

Despite the news, XRP could not accept a $ 3.00 psychological label, after writing at the top of $ 2.99 2. Marta, before he fell on the current brand $ 2.50, cointelegraph markets Professional The data show.

However, analysts warned that Altcoin shrinkage can be short as Trump Cripto Reserve It is subject to the approval of Congress, a long-lasting process that can lead to disappointment of investors, Aurelie Barthere, the main research analyst at Blackcain’s Analytical company Nansen said Conintlegraph, adding:

“I think it’s a reservation to buy new tokens a complex process that will need to vote of congress, so it will take time. I would be a little careful from the sustainability of today’s move.”

Related: Memecoins: From a social experiment to retail “values ​​extraction”

Trump previously promised to establish a “strategic national city bay” in the Bitcoin 2024 conference in Nashville, Tennessee.

https://www.youtube.com/vatch? v = k980_6djfiu

Journal: Tips SCB 500K BTC, sec delay Ether ETF options and more: Hodler’s Digest, 23. February – 1. March