Crypto-law founder Attorney John Deaton has once again come to the defense of XRP, emphasizing that he finds it bullish whenever critics compare the coin to a cockroach.
Attorney John Deaton, the legal representative of the XRP community, has taken to X (formerly Twitter) to defend the fifth-largest cryptocurrency by market capitalization.
Deaton Reacts as Uphold CEO Sheds Light on Ripple Partnership
In a tweet yesterday, Attorney Deaton reacted to an interview of Uphold CEO Simon McLoughlin, explaining why Ripple chose the company as its latest On-Demand Liquidity (ODL) partner. Commenting on the rationale behind the partnership, Uphold’s CEO disclosed that the deal is all about payments.
His remark prompted a reaction from Attorney Deaton, who asked his followers to mention any blockchain specifically designed for payments.
Deaton noted that XRP haters have previously compared the coin to a cockroach. Instead of getting infuriated, the prominent legal expert sounded optimistic about the comparison.
The top crypto lawyer suggested that cockroaches survive nuclear wars, adding that he finds the comparison to be bullish.
“It’s ALL about payments.”
What blockchain was designed just for payments? XRP haters have compared XRP to cockroaches.
But ? ? ? survive nuclear war, no? I’ve always found that comparison to be quite bullish. https://t.co/YWJobFLxPB
— John E Deaton (@JohnEDeaton1) November 3, 2023
Deaton Says a Nuclear War Can’t Kill XRP
Notably, Attorney Deaton had previously shaded Bitcoin maxis, who compared XRP to a cockroach. Earlier this year, Deaton posted a CoinDesk video comment on the trading volume of XRP. Although the media outlet did not criticize the genuine nature of XRP, Attorney Deaton said XRP is the most resilient cryptocurrency, irrespective of the name critics label it.
It was in this context that he compared XRP to a cockroach. He characterized XRP as a cockroach due to the insect’s resilient and hardy nature. According to Deaton, XRP is like a cockroach that a nuclear war cannot kill.
Have people noticed the #XRP coverage at @CoinDesk lately? Call it the Banker’s Coin – call it a shitcoin – call it a security – call it whatever you want – but no Coin has been more resilient. Let me use lingo #BTC Maxi’s will enjoy: XRP is a?- even a nuclear war won’t kill it. https://t.co/wsJuRgiLHJ
— John E Deaton (@JohnEDeaton1) April 2, 2023
XRP Showcases Resilience, Surges 13.2% in One Week
Meanwhile, XRP has continued to showcase resilience recently, surging over 13.2% over the past seven days. The asset is also up 19.3% in the past two weeks.
According to data from CoinGecko, XRP was changing hands at $0.611, up 2.8% over the past 24 hours.
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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