According to CoinDesk, some analysts pointed out that XRP rose from $0.50 to $2.32 after the US election, which may make Ripple CEO Brad Garlinghouse a huge profit. According to CoinMarketCap, XRP has risen by 54.7% in the past 30 days, ranking third in market capitalization.
"Cryptocurrency market capitalization has increased by more than $1 trillion since Trump won," Garlinghouse noted. Ripple donated $73 million during the election, while a16z invested $70 million, including the amount reserved for the next election in 2026.
Analysis: The US election has caused RippleCEO and a16z to rise sharply
2024-12-28 04:31:04
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