FOX Business journalist Charles Gasparino has once again sparked controversy within the XRP community with his recent comments about the 'XRP army', angering investors and leading to a drop in the cryptocurrency's price.
Controversy over XRP Army
On Sunday, Charles Gasparino questioned the existence of the 'XRP army', stating that it's merely early investors and insiders wishing for the altcoin's price rise. XRP holders quickly responded, accusing the journalist of bias and misrepresenting their community.
Gasparino Defends His Reporting
In response to the backlash, Gasparino defended his reporting on XRP. He highlighted that his previous interviews have actually benefited the XRP community. For instance, during an interview with Gasparino, former CFTC Chair Chris Giancarlo predicted that the SEC would drop its lawsuit against Ripple once President-elect Trump took office.
Impact on XRP Price
Charles Gasparino's comments have affected XRP's price, which has crashed by 6% in the past 24 hours, now trading at $2.
Charles Gasparino's statements continue to spark debates within the XRP community, affecting both the perception of the cryptocurrency and its price.
