Trump Allegedly Endorsed XRP Amidst Suspected Business Connections Between Ballard and Ripple

Heads Up! Trump's Crypto Manipulation Allegations and XRP's Fate

A political storm is brewing over the weekend as reports suggest President Trump didn't initially plan to include XRP in his Crypto Strategic Reserve. Instead, the media proposes that lobbyist Brian Ballard may have tricked him into it.

Initially livid, the President could still leave XRP in the reserve. Why? Brad Garlinghouse, Ripple's CEO, has been a core supporter of Trump's election campaign, dropping a hefty donation for his inauguration.

Insider Dirt: Brian Ballard and XRP Crypto Conundrum

This drama unfolded when reports alleged that Brian Ballard, a long-time Trump ally, tried to influence the President. One of his employees even composed a social media post advocating for XRP, along with Solana (SOL) and Cardano (ADA), to be part of a U.S. Crypto Reserve. Unaware that Ripple Labs, XRP's issuer, was a Ballard client, Trump shared the post without a second thought.

When Trump found out about the connection, he reportedly went ballistic, feeling duped by the entire affair. Yet, it remains unclear whether this incident will tarnish XRP's position in the Reserve.

Trump's Crypto Summit: A Twist in the Tale

Remember Trump's cry for a US Bitcoin Reserve during the 2024 elections? It sent shockwaves through the crypto world when he unexpectedly included altcoins in his proposal. When Trump posted about SOL, ADA, and XRP a month into his term, it was all Systems Go for these assets.

However, Politico's shocking allegations have rekindled concerns about XRP's future. Some caution that Trump might kick XRP and other altcoins out of the Strategic Reserve due to the uproar. But should we really expect fireworks?

Trump's alleged rage was centered around being deceived, not an aversion to XRP. With the Crypto Summit around the corner and fears of perceived favoritism swirling, Trump might choose to let bygones be bygones. After all, XRP's advocacy from key players like Brad Garlinghouse hasn't waned.

How XRP Survives the Storm

So, why would Trump opt to punish XRP for Brian Ballard's debacle? The evidence seems to suggest that XRP is here to stay, given the currency's strong backing and Trump's bitcoin interests.

Remember, neither Trump, Ballard, nor Ripple have publicly commented on these allegations. Time will tell whether Trump decides to let XRP ride it out in the Crypto Strategic Reserve.

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Trump's initial plans did not include XRP in his Crypto Strategic Reserve, but the lobbyist Brian Ballard may have influenced him to do so.
Brad Garlinghouse, Ripple's CEO, supported Trump's election campaign and donated a significant amount for his inauguration.
Allegations suggest that one of Ballard's employees posted in favor of XRP, Solana (SOL), and Cardano (ADA) being part of a U.S. Crypto Reserve, and Trump shared the post unknowingly.
Trump went ballistic upon finding out about the connection, but it's uncertain whether this incident will affect XRP's position in the Reserve.
Trump proposed a US Bitcoin Reserve during the 2024 elections, which sent shockwaves through the crypto world. He later included altcoins, such as SOL, ADA, and XRP, in his plan.
Politico's allegations have reignited concerns about XRP's future in the Strategic Reserve, but Trump's wrath was more about being deceived than an aversion to XRP.
XRP's strong backing, Trump's interest in bitcoin, and the continued advocacy from key players like Brad Garlinghouse could prevent Trump from punishing XRP for Brian Ballard's actions.