🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
Share trending topic posts, and split $5,000 in prizes! 🎁
👉 Check details & join: https://www.gate.com/campaigns/1953
💝 New users: Post for the first time and complete the interaction tasks to share $600 newcomer pool!
🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
This Altcoin Targeted XRP, Ripple Responded from Canada! "A Hidden Warning Has Come!"
XRP, which was among the top altcoins to gain the most profit after Donald Trump's victory, has recently come to the agenda with a different topic.
While the debate between XRP and Stellar (XLM) continues, Ripple's CTO David Schwartz has also joined the discussion.
It all started with a post from the official X account of "Build on Stellar". A few days ago, the Stellar account wrote, "Imagine spending more on lawyers than developers and calling it progress."
This post has drawn the reaction of the XRP community. The post is seen as targeting the ongoing legal battle between Ripple and SEC and criticizing Ripple.
Stellar's social media sharing has sparked controversy. John Deaton, the legal representative of XRP holders in the SEC case, also responded strongly. Deaton criticized Stellar founder Jed McCaleb for attacking Ripple, of which he was once a founding partner. In addition to Deaton, some XRP supporters also claimed that Jed McCaleb was trying to harm XRP.
In addition to Deaton, Ripple CTO David Schwartz also responded to McCaleb with a cryptic message. Many believe that Schwartz's post was a direct response to Stellar's tweet criticizing Ripple's legal expenses.
At this point, Schwartz implied that McCaleb's criticisms went beyond the limit and that Ripple would not ignore it.
Schwartz, using the expression “If you attack the king, it is best not to miss,” argued that challenging a strong authority could have serious consequences.
Another XRP supporter, user X, also reacted to Stellar's post, saying, "Imagine spending a lot of money on development and eventually developing an inferiority complex."