Key Date for XRP Holders Revealed by Top US Exchange Gemini – U.Today

Uncover insights within the NFT & Web3 house. This article dives into: “Key Date for XRP Holders Revealed by Top US Exchange Gemini – U.Today”.

• Gemini’s XRP rewards program 
• From haters to cheerleaders 

Major US cryptocurrency change Gemini seems to be on monitor to launch an XRP-themed card, in accordance with its Thursday put up on social media. 

The change has positioned a billboard in a busy business space of Manhattan so as to promote the brand new product, which is slated to be launched on Aug. 19. 

As reported by U.Today, Gemini lately teased the “next era” of XRP rewards forward of the Thursday reveal. 

That mentioned, the newest announcement has attracted some backlash from the change’s Bitcoin-centric customers, who’ve slammed the change for actively promoting the token that they deem to be centralized.

Some XRP holders have additionally questioned whether or not the launch of the product (and the billboard in a busy neighbourhood of Manhattan) can have any affect on the value of the Ripple-linked token, which has been struggling to choose up extra steam as of late. 

Gemini’s XRP rewards program 

The launch of Gemini’s XRP card comes after the change additionally launched rewards for the favored Ripple-linked altcoin in March. This made it potential for the holders of the cryptocurrency to earn as much as 4% cashback with Gemini’s bank card. 

Now, Gemini is particularly launching an XRP-centric bank card to additional cater to the neighborhood. 

From haters to cheerleaders 

Gemini’s newfound love for XRP is a comparatively current phenomenon. In truth, Tyler Winklevoss, the co-founding father of the main US cryptocurrency change, has overtly feuded with the neighborhood behind the token after refusing to checklist the token.

In truth, Gemini refused to checklist XRP even after Ripple dangled $1 million in entrance of it, in accordance with the SEC’s criticism. 

However, following Ripple’s authorized victory, the change moved to checklist XRP in August 2023. 

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