Ripple CEO Brad Garlinghouse shared his “all-time” favorite quote from the XRP community that he found intriguing. The uber-bullish slogan published by Garlinghouse excited the XRP community.
Cryptic message from Ripple CEO: Laugh now, one day…
A framed piece of art shared by Brad Garlinghouse has caused a wave of excitement within the XRP community. The artwork in question shows a stencil-style depiction of a sad chimpanzee wearing a sandwich board with the words “Laugh now, but one day XRP will power the world.” This is an adaptation of Banksy’s iconic “Laugh Now But One Day We’ll Be in Charge”.
Monkeys are a constant motif in the works of the pseudonymous British street artist. Banksy likely adopted them as a sort of totem representing a guerilla graffiti artist. The work “Laugh Now” first appeared as part of a “guerrilla exhibition” that took place in East London in 2000. Later, in the early 2000s, a hip-hop club commissioned this work. Other versions of the work later appeared as part of Banksy’s exhibition in Los Angeles. The work “Laugh Now” represents a turning point in Banksy’s transition from street artist to political activist.
Collectiveof your his reaction to this cryptic work
Some members of the XRP community said that the artwork Garlinghouse shared made them extremely bullish. Vet, an operator of the XRP Ledger dUNL, suggested that Garlinghouse print the artwork and put it on the XRP Ledger. The defiant and somewhat confrontational monkeys depicted by Banksy may metaphorically represent the XRP community in its fight against the SEC.
However, there were also those who viewed this work of art with some skepticism, citing the price performance of XRP. Because the token has fallen 84% from its all-time high. Some also noted that it was irresponsible for the company’s CEO, who is embroiled in a legal battle with the SEC, to release such a statement.
Ripple community members’ spot XRP ETF expectations!
cryptokoin.comAs you follow from, the SEC approved 8 Ethereum ETF applications. Following this development, members of the Ripple community started spreading buzz. The community is predicting XRP as the next crypto asset likely to receive spot ETF approval from the SEC.
Other XRP community members share the same sentiment.
With this momentum, the “XRP ETF” hashtag became among the top trending topics on X. Following this optimism, concerns have emerged about how the ongoing SEC and Ripple lawsuit could affect the chances of an XRP ETF coming to fruition. This legal fight is over the regulatory status of XRP, which the SEC labeled a security in December 2020. The case is nearing its conclusion. In this regard, the court is expected to make a final decision this year, we will see whether the SEC will approve the application for a spot-based ETF for XRP.
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