- MoonPay calls out hostility encountered whenever platform posts about XRP on social media.
- Trading platform launches campaign offering $2,025 worth of XRP if token hits new all-time high.
- Company emphasizes success of one cryptocurrency does not depend on failure of another asset.
Popular crypto trading platform MoonPay has addressed recurring negativity it encounters whenever posting about XRP on X. Over the years, XRP has accumulated support from retail investors, institutional clients, and major crypto platforms.
MoonPay has emerged as one of few trading services consistently bullish on the asset. The company has repeatedly shared positive posts about XRP, celebrating price rallies, hosting token giveaways, and declaring in August that XRP holders deserved a follow from its X account.
Platform confronts tribal behavior
While maintaining its bullish stance on XRP, MoonPay took to X to address hostility that often erupts whenever it posts about the token. The company noted that some users often ridicule XRP, largely due to personal bias or loyalty to competing assets.
MoonPay stressed that such reactions are unwarranted. The platform pointed out that success of one cryptocurrency does not depend on failure of another. Bitcoin, Solana, Cardano, or any other token can thrive in the same market alongside XRP.
The firm acknowledged that XRP may not align with everyone’s crypto philosophy, but this does not mean others are wrong for supporting or believing in it.
The platform suggests that diverse projects and perspectives are part of what makes the crypto industry dynamic and innovative. Tribal behavior where supporters of different cryptocurrencies attack each other limits constructive dialogue about technology, adoption, and market dynamics.
New campaign rewards all-time high achievement
MoonPay’s commentary arrived just hours after launching a new Ripple coin campaign. In an announcement on X, the company revealed it will reward one follower with $2,025 worth of XRP, provided the token reaches a new all-time high by December 31, 2025.
The campaign highlights MoonPay’s continued support for Ripple coin. For the reward to be issued, XRP would need to climb roughly 80% from its current price of $2.14. Such an increase would push the token to approximately $3.85, surpassing its previous all-time high of $3.84 set in January 2018.
The timing of this campaign coincides with upcoming XRP ETF launches scheduled between November 18-25, with nine different products from Franklin Templeton, Bitwise, 21Shares, CoinShares, Grayscale, and WisdomTree entering the market.
Source: https://thenewscrypto.com/moonpay-breaks-silence-on-constant-criticism-of-xrp-supporters/