Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
Analysis: The US election has led to a significant increase in the value of Ripple CEO and a16z Joint Venture

Analysis: The US election has led to a significant increase in the value of Ripple CEO and a16z Joint Venture

CointimeCointime2024/12/28 04:55
By:Cointime

According to CoinDesk, analysis suggests that XRP rose from $0.5 to $2.32 after the US election, which could potentially benefit Ripple CEO Brad Garlinghouse. According to CoinMarketCap data, XRP has risen 54.7% in the past 30 days, ranking third in market capitalization. Garlinghouse pointed out that "since Trump's victory, the market value of cryptocurrencies has grown by over $1 trillion." During the election, Ripple donated $73 million, while a16z invested $70 million, including the amount reserved for the next round of elections in 2026.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

CandyBomb x DGAI: Trade to share 60,000 USDT

Bitget Announcement2026/09/03 13:00

CandyBomb x DEBIT: Trade to share 45,000 USDT

Bitget Announcement2026/09/01 13:00

Bitget Will Support the BounceBit (BB) Contract Swap

Bitget Announcement2026/09/01 08:00

Hold USDGO for dual perks, earn up to 30%+ APR!

Bitget Announcement2026/09/01 02:00