The Excitement Surrounding GeminiÔÇÖs Cryptic Tweet and XRPÔÇÖs Potential Listing

The cryptocurrency world has been buzzing with anticipation following a recent tweet from Gemini, the leading U.S. crypto exchange co-founded by the Winklevoss twins. This tweet has caused a frenzy amongst the XRP community and sparked curiosity about what Gemini has in store.

GeminiÔÇÖs Cryptic Tweet

Gemini’s tweet hinted at the possibility of listing XRP on its trading platform. Accompanied by a playful GIF of a cat sitting patiently at a desk, the tweet read, “Me, the intern, patiently waiting for Gemini to list XRP.” This lighthearted message certainly caught the attention of many.

Ripple Ruling Reverberates

A pivotal moment for XRP occurred on July 13th when Judge Torres declared that selling XRP on exchanges and through algorithms does not constitute an investment contract. This ruling, celebrated by crypto enthusiasts, effectively removed the security label from XRP and led to its swift relisting on numerous exchanges including Coinbase, Kraken, Binance.US, and now potentially Gemini. These exchanges had previously delisted XRP following an SEC complaint in 2020.

Gemini’s tweet after the ruling hinted at their intention, stating, “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.”

CoinFlip Joins the XRP Party

Adding to the growing confidence in XRP, CoinFlip, a globally acclaimed ATM operator, has announced the listing of XRP on its platform. This integration is a significant accomplishment for CoinFlip, considering it operates the world’s largest crypto ATM network by transaction volume, covering 49 U.S. states, Puerto Rico, Canada, and Australia.

XRPÔÇÖs Resounding Recovery

The post-ruling statistics showcase XRP’s resilience and the faith the crypto community has in it. XRPÔÇÖs daily trading volume skyrocketed from $613.55 million to an astonishing $11.25 billion, even surpassing Bitcoin. This surge resulted in an impressive 90% price hike for XRP.

Venture capital firm Velvet.capital highlighted this resurgence, pointing out XRP’s significant surge in trading volumes following Ripple’s court victory. Moreover, Twitter user Crypto Asset Guy celebrated XRP’s advantages over Bitcoin (BTC) and Ethereum (ETH), emphasizing its speed, cost-effectiveness, and eco-friendliness.

Considering Gemini’s potential listing on the horizon and the positive market metrics for XRP post-ruling, it is evident that XRP has regained the spotlight once again.