(Updated: August 9, 2023, @ 09:32:44 UTC) Gemini recently made a cryptic tweet about XRP, sparking speculation about the exchange listing the digital asset.
In a recent tweet, US-based crypto exchange Gemini sent the XRP community into a frenzy with a punny tweet about the digital asset. The tweet humorously read:
“xpressing xcitement about XRP.”
xpressing xcitement about xrp
— Gemini (@Gemini) August 8, 2023
Is Gemini About to List XRP?
The tweet quickly gained massive traction, amassing an impressive 337k engagements in less than 24 hours of tweeting. Gemini’s sudden interest in XRP sparked speculation among the crypto community, with many wondering if the playful tweet hinted at an imminent listing of XRP on its platform.
Among the comments on Gemini’s tweet, one prominent voice in the XRP community, Blockchain Backer, weighed in with enthusiasm. The XRP influencer playfully nudged Gemini for being a “little late to the re-list party,” urging the exchange to expedite the listing process.
Notably, the recent significant development in the US court system fueled the listing excitement. Three weeks ago, a federal court ruling declared that XRP is not a security, as The Crypto Basic reported.
In response to the landmark decision, Gemini took to Twitter to mention XRP for the first time. It announced its intentions thus:
“Given today’s ruling that the sale of XRP on exchanges is not a security, Gemini is exploring the listing of XRP for both spot and derivatives trading.”
Given today's ruling that the sale of XRP on exchanges is not a security, @Gemini is exploring the listing of XRP for both spot and derivatives trading.
— Gemini (@Gemini) July 13, 2023
However, the exchange has not officially announced listing XRP. But the exchange continued tweeting about XRP, as observable from its Twitter page. As The Crypto Basic disclosed, other top exchanges in the United States have already reinstated XRP after the court ruling.
It bears mentioning that Gemini never listed XRP despite the asset’s prominence over the years. The exchange only indicated an interest in listing XRP following the victory secured in the Ripple vs. SEC lawsuit.
XX Coin on XRPL?
Meanwhile, another well-known figure in the XRP ecosystem shared a cryptic observation about the equally cryptic tweet. He drew attention to the absence of the letter ‘E’ in Gemini’s playful tweet. The commenter then mused about a potential connection to a recent tweet from xx.network.
The xx.network had revealed its plans to create a new coin, XX coin, on the XRP Ledger (XRPL). According to the firm, the coin’s utility centers around governance, staking, and a unique postage system for decentralized applications (Dapps).
Am I the only one seeing this?
(X)pressing (X)citement
Missing E’s, emphasizing the X
After @xx_network tweeted they were about to create XX Coin on the XRPL ?https://t.co/vY0Lpxyjn1 https://t.co/GE6vK4sTRo pic.twitter.com/BPDV2wfqn8
— {Matt} $XRPatriot (@matttttt187) August 9, 2023
Ultimately, it remains to be seen whether Gemini’s tweet is a mere play on words or a subtle hint at a significant market move.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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