Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»BITCOIN NEWS»Ripple’s Chris Larsen donates another $10 million in XRP to Kamala Harris’ presidential campaign.
BITCOIN NEWS

Ripple’s Chris Larsen donates another $10 million in XRP to Kamala Harris’ presidential campaign.

By Crypto FlexsOctober 23, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Ripple’s Chris Larsen donates another  million in XRP to Kamala Harris’ presidential campaign.
Share
Facebook Twitter LinkedIn Pinterest Email

Ripple co-founder Chris Larsen is stepping into the spotlight by donating $10 million XRP to Kamala Harris’ 2024 presidential campaign, marking a pivotal moment for the cryptocurrency’s influence in left-wing politics.

Why are we doing this when most of the cryptocurrency industry is leaning in the right direction?

Ripple has donated heavily to candidates in this election, which has raised some eyebrows. Massachusetts Senator Elizabeth Warren recently commented on the cryptocurrency industry, saying the blockchain space has become more right-wing and liberal. Larsen may try to combat domestic perceptions that Ripple is right-wing and anti-establishment by publicly donating heavily to Kamala Harris.

Plus, donations are tax deductible, assuming there’s a significant tax burden for bag holders to dump all their XRP to buy mansions and Porsches.

Now is the time for Democrats to take a new approach to technological innovation, including cryptocurrency. i believe @Kamala Harris American technology will dominate the world. That’s why I’m donating $10 million in XRP to support her. https://t.co/vb9KJA87JK

— Chris Larson (@chrislarsensf) October 21, 2024

With this donation, Ripple is working very hard to be inclusive, equitable, and seen as an insider rather than an outsider.

Here’s how this move will impact the price of XRP:

Political Landscape and XRP

With less than two weeks left before the 2024 presidential election, cryptocurrencies have become a new frontier for political influence.

To win the blockchain industry, Trump advocated for Web3 regulation, NFTs, and Bitcoin mining. Meanwhile, Harris, a newcomer to the industry, hoped to sway voters by becoming the first Democratic candidate to publicly support cryptocurrencies.

It didn’t work for her.

(XRP)

Chris Larsen’s contribution to the Harris-backed super PAC highlights his push for the tech-forward Democratic agenda. He advocates for a revamped cryptocurrency policy, giving Harris confidence that it can raise the global profile of American technology.

However, XRP, which has already underperformed the rest of the market, remains snakebitten without approval.

One Ripple supporter on Twitter told Larsen to “read the room,” and the XRP subreddit was also in the news.

(Reddit)

XRP has always been the worst holder out there when it comes to lawsuit news. It has always underperformed the rest of the market.

So, to answer your guess, I suffer from severe mental illness and holding XRP has had an extremely negative impact on my life and happiness.

Discover: Legal and General Announces RWA Plans for $1.5 Trillion Funds: Which RWA Cryptocurrencies Are Best for HODLing in 2024?

However, the XRP community promises that pumps will be released.

This is the final boarding information. $XRP 🚨🚨🚨

Strap in and put on your own oxygen mask before helping others.

— Cryptocurrency Bitlord (@crypto_bitlord7) October 20, 2024

The good thing is that as Ripple resolves its legal challenges, Larsen’s political support will likely play a pivotal role in influencing more Democrats to support the cryptocurrency.

You can’t turn your back on an entire industry (especially when the Democrats are losing people in big numbers) and expect this to be a long-term winning strategy.

As the election approaches, the cryptocurrency industry is caught between technological gains and political games. The path you choose defines your future.

Explore: Legal & General, RWA Plans for $1.5 Trillion Fund Announced: Best RWA Cryptocurrency in 2024?

For the latest market updates, join the 99Bitcoins News Discord here.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Sequans starts $ 384M Bitcoin Treasury Initiative with Swan Bitcoin Partnership.

June 23, 2025

ECB Chairman Lagarde aims to seize the global order to strengthen the Euro’s global position.

June 17, 2025

Bitcoin aims for $ 115K after US CPI data prefers investors.

June 11, 2025
Add A Comment

Comments are closed.

Recent Posts

French “Spiderman” Scales Skyscraper To Launch World’s First Action Token

June 26, 2025

Deribit And SignalPlus Launch “The Summer Chase” Trading Competition 2025 Featuring A $300,000+ USDC Prize Pool

June 26, 2025

Why I am still optimistic despite noise

June 26, 2025

SEI tokens have soared more than 100% in June -the highest catalyst explained.

June 26, 2025

Reddio Mainnet Alpha Is Live – The First GPU-Accelerated Parallel EVM For AI-Native DApps

June 26, 2025

RoboCorp.co Debuts World’s First Search Engine That Converts Human Data And Expertise Into Crypto Income

June 26, 2025

Moca Foundation Announces Moca Chain For Self-sovereign, Privacy-preserving Identity And User Verification

June 26, 2025

GSR Launches Enhanced Systematic OTC Platform, Expanding FX Capabilities And Asset Coverage

June 25, 2025

How To Turn $100 Into $1,000,000 In 2025

June 25, 2025

Neo Pepe $NEOP Presale Passes $2M Raised With Stellar CertiK Audit

June 25, 2025

Encryption Inheritance Update: June 2025

June 25, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

French “Spiderman” Scales Skyscraper To Launch World’s First Action Token

June 26, 2025

Deribit And SignalPlus Launch “The Summer Chase” Trading Competition 2025 Featuring A $300,000+ USDC Prize Pool

June 26, 2025

Why I am still optimistic despite noise

June 26, 2025
Most Popular

Venga Says Europe Will Revolutionize Crypto Landscape With Bold New Regulatory Reforms

June 18, 2024

In January, Ethereum NFT collections surpassed ETH.

February 2, 2024

Moody’s Senior Vice President Vincent Gusdorf: Institutional Investor Entry into Bitcoin Market Marks Watershed – The Defi Info

January 11, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.