At a rally in support of Donald Trump, Elon Musk was asked a question about XRP due to ongoing proceedings with the SEC.
This is definitely not support or criticism. XRP , but I really think that kriptovalyuta by its nature it supports individual freedom,” the entrepreneur noted.
At the same time, Musk emphasized that cryptocurrencies can threaten centralized power. At the same time, Musk confirmed his intention to head the Department of Government Efficiency (DOGE) if Trump wins the presidential election in 2024.
As in the case of Dogecoin , price XRP experienced a short-term price surge, then began to decline following Bitcoin, whose rate rolled back to the beginning of the $67 range.
According to Santiment, the success was short-lived. XRP is also associated with increased activity in the registry, as a result of which the number of daily active wallets reached a three-month maximum.
In just one day, 3858 new wallets were created, the highest number in the last seven months. It is difficult to say what this event is connected with.
