XRP Launches Dedicated X Account, Draws Rapid Following

XRP launched a dedicated account on X on October 19, giving the digital asset a social media channel jointly managed by Ripple and the XRP Ledger Foundation. The account attracted rapid attention, reaching about 21,700 followers in early reports on launch day and more than 111,000 by October 20, according to later reporting. The account’s opening post read, “hello, world. It’s about time.” Ripple replied minutes later, saying it had built on the XRP Ledger alongside thousands of others for more than a decade. The XRP Ledger Foundation also welcomed the account. The profile identifies Ripple and the XRP Ledger Foundation as its managers and describes XRP as the native token of the XRP Ledger. It also states that posts are not investment advice. The account’s profile links to xrp.org, which says XRP is not a company share, stablecoin, meme or an asset mined or issued by Ripple. Ripple executives, including Chief Executive Brad Garlinghouse, publicly welcomed the launch. Their responses echoed the account’s opening message and highlighted Ripple’s involvement in the ledger’s development. The account’s first post and Ripple’s reply were also widely viewed, though reported view...