Crypto exchange Gemini, founded by the Winklevoss twins, is possibly trying to relist Ripple (XRP) token, crypto community speculates.
In a series of posts on X (formerly Twitter), Gemini expressed its interest in the token, hinting a possible expansion of XRP trading options.
Don’t forget about xrp
— Gemini (@Gemini) January 21, 2024
xrriving shortly https://t.co/eR3VCVZz4D
— Gemini (@Gemini) January 21, 2024
The exchange noted that, “Don’t forget about XRP,” “xcited about xrp” and “xrriving shortly” in three separate Tweets.
The posts have left observers in the XRP community with expectation that Gemini might possibly expand its XRP trading options, given its recent approval in France.
Historically, Gemini has been critical of XRP. Back in 2020, Tyler Winklevoss rebuked some of the XRP advocates as “dumb trolls.” However, the community believes that Gemini’s interest in the token spiked following Ripple’s victory in a U.S. court ruling in July 2023, deeming XRP sales as non-securities.
Further, few crypto enthusiasts also compared the current XRP fever with that of Gemini’s posts in August 2023. The U.S.-based exchange relaunched the token for trading and deposits, spiking the XRP price on the exchange to $50. Crypto community was abuzz with multiple users sharing screenshots of the unusual price hike in the crypto.
In a separate post on Monday, Gemini further stirred up the community’s anticipation by posting a riddle.
The exchange questioned, “In the land of giants, I’m swift and small, when I run I don’t stall. Across borders, I freely roam, in markets near and far from home. What am I?”
Can you solve this riddle?
In the land of giants, I’m swift and small, when I run I don’t stall. Across borders, I freely roam, in markets near and far from home. What am I?
The answer will be posted in 24 hours.
— Gemini (@Gemini) January 22, 2024
The exchange noted that the answer to the riddle will follow in 24 hours. As the market is eagerly waiting for further inputs from Gemini, the XRP community remains on edge, foreseeing a positive trajectory of the XRP token.
Responding to the riddle, most of the users signalled XRP as a possible answer, given its low price below the $1 mark when compared to other giants – Bitcoin and Ethereum. They also interpreted that “when I run I don’t stall” could be linked to the token’s remarkable solo rallies in the past.
Read the full article here
