Top Investor Is Certain XRP Is A Major Part of the Strategic Stockpile Conversation

Renowned crypto investor and influencer, The Wolf of All Streets, recently tweeted about rumors from ‘reliable channels’ suggesting that Bitcoin (BTC) and XRP might be included in the widely discussed strategic stockpile.

While the nature of this supposed stockpile remains unclear, the tweet implies that XRP, alongside BTC, is playing a pivotal role in broader conversations about cryptocurrency.

I rarely post rumors unless the sources are reliable and I hear it from multiple places.

It will take a long time to see how all of this shakes out, but I can assure you that $XRP is currently a major part of the conversation.

Will take months to sort and a lot can change. https://t.co/gd8TsxeUcv

— The Wolf Of All Streets (@scottmelker) January 24, 2025

The Initial Tweet and Context

The Wolf of All Streets noted that he seldom shares rumors unless backed by credible sources and multiple confirmations. He emphasized that while the rumor remains unverified, XRP is a key part of ongoing discussions. He cautioned that any developments would likely take months, leaving the community to speculate on the specifics.

This tweet reignited debates about XRP’s role in the broader crypto ecosystem, particularly given its status as the only digital asset currently classified as not being security by U.S. courts following Ripple’s partial legal victory against the SEC .

Divided Reactions From the Community

Responses to the tweet were mixed, with some expressing skepticism and others firmly defending XRP’s potential. A notable comment came from X user Rico, who accused The Wolf of All Streets of attempting to subtly promote XRP for personal gain.

Rico pointed out that Ripple co-founder Chris Larsen was a significant donor to Kamala Harris’s campaign, referencing claims supported by a Times Tabloid report from 2024.

The report revealed that Larsen contributed $11.7 million to Harris’s presidential race, making him the largest single donor from the crypto sector. Rico argued that this political connection could undermine XRP’s credibility under the current Trump administration.

On the other hand, Edo Farina, CEO of Alpha Lions Academy and a prominent XRP advocate, dismissed Rico’s claims. Farina highlighted XRP’s regulatory clarity in the United States, contrasting it with other cryptocurrencies under scrutiny.

Farina’s stance aligns with the sentiments of many XRP supporters who view the asset as uniquely positioned for institutional adoption due to its compliance with U.S. regulations.

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The Broader Implications

The idea of a “strategic stockpile” involving cryptocurrencies is not unprecedented, as governments and institutions worldwide have increasingly explored digital assets for various use cases, including reserves, cross-border payments, and financial infrastructure.

Bitcoin’s inclusion in such conversations is unsurprising given its dominance as the first and most widely adopted cryptocurrency. However, XRP’s inclusion, if true, could signify recognition of its utility in cross-border payment solutions and its established partnerships with financial institutions.

It is worth noting that rumors such as these can significantly influence market sentiment, even without concrete evidence. The cryptocurrency market, often driven by speculation, has seen similar narratives in the past. However, The Wolf of All Streets’ cautious tone suggests he understands the importance of not overstating unverified claims.

As the situation develops, it will be important to observe whether these discussions lead to tangible outcomes or remain speculative.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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