Ripple Releases 500 Million XRP, Trump's Name In Memo Makes Curious

XRP crypto assets. (Photo; Doc. Coingape)

JAKARTA - Ripple released 500 million XRP coins from theireur account at the beginning of the new year 2025. This release is in line with Ripple's previous monthly distribution schedule. This amount is worth more than $1 billion. The release is part of Ripple's strategy to distribute XRP in stages so that it does not affect market prices.

But what's even more interesting is the memo that accompanies the release of the 500 million XRP. The memo says it says "Donald Trump: January 20 is near. Donald Trump will return to the White House, and we will make crypto even greater!"

The date of President Trump's inauguration, which is said to be an important moment for the crypto industry, especially coins developed by Americans. Overall, crypto industry players hope that much of the pro-crypto policy will be implemented by the Trump administration. This situation is predicted to have the potential to trigger a spike in XRP prices and other cryptocurrencies.

It didn't take long, the price of XRP immediately responded with a jump of around 11%. Currently, XRP is trading at 2.35 US dollars (Rp. 38,100), with the next target reaching 2.50 US dollars (Rp40,500). The soaring price of XRP shows positive sentiment that accompanies the crypto market, especially ahead of the US government change in January.

According to a Coin Pedia report, analysts predict that a positive trend of crypto will continue, driven by new policy expectations that support the crypto industry. The Trump administration, which is predicted to be more friendly to digital assets, has the potential to introduce policies that accelerate crypto adoption.

In addition, the launch of several Exchange-Trad Funds (ETF) for altcoins, including XRP, is also expected to trigger a larger price increase in the next few months. With various supporting factors, optimism for the future of XRP and the crypto market is getting stronger.