HomeCrypto NewsMarketMoonPay Rolls Out New XRP Giveaway

MoonPay Rolls Out New XRP Giveaway

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Leading XRP-friendly payment and trading platform MoonPay has announced a simple promotional campaign centered on XRP.

The latest move continues MoonPay’s support for the fourth-largest cryptocurrency. In a recent post on X, the firm announced a giveaway to reward one X user with XRP. Specifically, MoonPay stated that it will award $250 worth of XRP to a single person who likes the announcement tweet.

At press time, the post had already accumulated more than 3,200 likes. However, MoonPay has not yet revealed when the campaign will end, and the post continues to draw additional attention.

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Interestingly, MoonPay recently ran a similar campaign for Bitcoin and confirmed that it distributed a $250 BTC reward to a selected user yesterday. It also noted that users who missed the Bitcoin promotion could join the XRP giveaway, emphasizing that “XRP is next.”

However, the crypto platform noted that users from the United Kingdom are not eligible for the giveaway without providing any specific reasons.

MoonPay Highlights Bitcoin-to-XRP Conversion Demo

MoonPay has earned a reputation in the XRP community for its ongoing public support of the token. From celebrating XRP price spikes to engaging with vibrant community members, MoonPay has consistently demonstrated its bullish stance on XRP.

Last month, it also announced a $2,025 XRP giveaway to one lucky follower if XRP reaches a new all-time high this year. Yesterday, it tapped into the enthusiasm of the XRP community once again with a light-hearted post on X, asking, “Are we doing this right, XRP fam???”

The post featured a short video clip showing the conversion of $260 in Bitcoin to XRP via the MoonPay platform. The demonstration highlighted the platform’s seamless swap functionality while also signaling continued support for the XRP community.

MoonPay Stays Bullish on XRP Despite Criticism

In addition, MoonPay shared a screenshot displaying the option to purchase 589 XRP using Apple Pay. The post quickly drew reactions from community members, who pointed out the symbolic significance of “589” within the broader XRP community.

The number “589,” which has circulated within the community since 2018, originated from a commentator known as “Bearableguy123,” who once predicted XRP could reach a bold price target of $589. By using the symbolic figure, MoonPay prompted many users to revisit and reiterate the old prediction.

However, not everyone reacted positively to MoonPay’s XRP-focused posts. One user even humorously stated he plans to block MoonPay after watching the Bitcoin-to-XRP conversion video.

Despite the criticism, MoonPay has clarified that such attacks are unnecessary, emphasizing that individuals and crypto entities should be free to express support for any asset.

DisClamier: 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 opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Author

Lele Jima
Lele Jima
Lele Jima is a cryptocurrency enthusiast and journalist who is focused on educating people about how the nascent asset class is transforming the world. Aside from cryptocurrency-related activities, Jima is a lover of sports and music.

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