Ripple and XRP News
Is Ripple Removing David Schwartz, Firm’s Chief Technology Officer? A Recent Tweet Sparks a Fuss
Earlier today, Ripple’s CTO David Schwartz cryptically tweeted “I love the Ripple team so much!” The tweet left XRP community pondering about David’s future at Ripple.
I love the @Ripple team so much!
— David "JoelKatz" Schwartz (@JoelKatz) November 19, 2023
David actually imitated Sam Altman, former ChatGPT Chief Executive Officer. Altman had also tweeted yesterday “I love the OpenAI team so much!”. Altman’s tweet came after his shocking removal as the CEO of OpenAI.
i love the openai team so much
— Sam Altman (@sama) November 19, 2023
The development came as a shock because of Sam’s popularity among the ChatGPT community. Albeit Sam was removed from his position on Friday.
As for David’s time at Ripple, it has not ended yet, as he is at good terms with firm’s senior management. Since Ripple’s foundation, David has led the firm with a vision. He has also headed many of Ripple’s successful programs. Also known as Ripple’s Chief Cryptographer, David has never actually held the position of CTO officially.
Moreover, David’s tweet should be taken with a pinch of salt as he is generally known for his cryptic way of communicating with XRP community.
In the meanwhile, currently trading at $0.62, Ripple’s native XRP is down 4.4% over the week. In his recent X post a famous crypto analyst, XRP Captain, shared a chart with a caption “XRP is about to blast off.” While the post was received well by the XRP community, it met with strong criticism from the market skeptics.
WARNING 🚨🚨 #XRP Is About To Blast Off. Get Ready #XRPHolders 👀👇 pic.twitter.com/nBJ5pqH4c3
— XRP CAPTAIN (@UniverseTwenty) November 20, 2023
Given the SEC lawsuit concludes in Ripple’s favor, XRP is projected to surpass the all time high of $3.84 in the next bull run. Notably, the coin is currently down 84% from the all time high. XRP had missed the bull ride in 2020 thanks to the SEC lawsuit that was filed in December 2020, right at the beginning of the bull run that marked most crypto coins surpassing their all time highs.