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In the latest XRP news thread, Gemini co-founder Tyler Winklevoss has gained notable traction as he mentioned the “Ripple army” to highlight good news for them. However, despite this, he has faced immense backlash from the community due to his past comments on the Ripple Vs SEC case.
XRP News: Gemini Pushes For Ripple’s Coin
The discussions on the current development started when Dom Kwok, co-founder of EasyA, conducted an X poll asking users if they would use a card that offers cashback in XRP. Out of over 5,000 participants voting, an overwhelming 94.1% responded positively.
Following the poll, Gemini’s growth marketing lead, Ethan Kimmel, highlighted the company’s existing credit card program. He shared an image showcasing a Gemini card offering “4% back in XRP” on purchases at charging stations. “5,000 people should be signing up today for the Gemini Credit Card,” Kimmel stated.
Meanwhile, Winklevoss further amplified the message, calling on Ripple Army to use Gemini’s card. He stated, “Earn XRP back with the Gemini Credit Card every time you swipe.” However, his statement wasn’t received well by everyone in the XRP community.
XRP Community Reacts Over Past Comments
Despite Gemini’s new push for XRP, many community members remain skeptical due to Winklevoss’ past remarks. In 2020, he dismissed XRP supporters, stating, “The XRP army has really dumb trolls. By tagging the SEC Enforcement, you are taking the position that Ripple is a security.”
Dom Kwok, who initiated the poll, resurfaced Winklevoss’ old statement, cautioning XRP holders not to forget past criticisms. “They wanna kick you when you’re down, but kick it when you’re up. Never forget,” he posted, reigniting the debate.
Meanwhile, Gemini refrained from listing XRP for years, citing regulatory uncertainties. However, in 2023, following Ripple’s court victory against the SEC, the exchange finally added the token. While this was seen as a win for XRP, some community members remain wary of Gemini’s true intentions. One critic pointed out the irony of Winklevoss’ latest marketing push, stating, “Calling XRP holders dumb trolls and then trying to get them to use your credit card is as ironic as it gets.”
What’s More?
The backlash doesn’t end there. The XRP community has also highlighted that Winklevoss opposed the inclusion of XRP in the proposed US crypto reserve recently. It further sparked discussions and many have reacted amid the ongoing BTC Vs XRP war.
In addition, as Ripple executives hint towards a potential end in the Ripple vs SEC case, many deem this development behind Winklevoss and Gemini’s latest push. However, despite the positive announcement, XRP price was down nearly 6% today amid a broader crypto market selloff.
The post XRP News: Gemini Co-Founder Reveals Good News For Ripple Army appeared first on CoinGape.
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