The favored dealer additionally mentioned he’s achieved with meme cash and perpetual buying and selling.
James Wynn, the pseudonymous dealer who grew to become fairly the movie star within the cryptocurrency group prior to now a number of months with huge bets on meme cash and BTC futures, has formally backed XRP.
In a current submit on X, he mentioned he went down the “rabbit gap of XRP” and determined to take a position a “significant slice” of over $25,000 into the asset.
I’ve spent the final 24hrs taking place the rabbit gap of $XRP.
I’ve determined to take a position a SIGNIFICANT portion into XRP. ($25..+)
I consider it might revolutionize the banking programs. It’s a raffle, as all investments are.
Whether or not you’re Crew XRP or not. I need everybody to…
— James Wynn (@JamesWynnReal) October 25, 2025
Wynn mentioned the potential for Ripple and its native token is substantial because it might “revolutionize the banking programs.” Nevertheless, the meme coin dealer admitted that XRP nonetheless stays a raffle, identical to all different investments.
His backing is available in a somewhat peculiar timing as the corporate behind the asset simply announced that it has renamed Hidden Street – the prime dealer it acquired earlier this yr for $1.25 billion – to Ripple Prime. Which means that Ripple is now the primary and solely crypto firm to “personal and function a world, multi-asset prime dealer – bringing the promise of digital property to institutional prospects at scale.”
Wynn additionally requested the group to stipulate the professionals and cons of investing in Ripple’s cross-border token. The XRP Military, which is among the many most vocal components of the crypto group, was fast to highlight some professionals, similar to Ripple being the 2nd oldest chain within the Prime 10 and its quick and low cost layer 1 community.
Others had been a bit extra skeptical. One consumer asked how a lot Ripple’s CEO, Brad Garlinghouse, paid Wynn for this submit on Friday.
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In a separate submit, Wynn said he’s achieved with meme cash and perpetual buying and selling after “finishing” each ventures and can now give attention to constructing within the crypto business. Nevertheless, it doesn’t change into clear if his new plans are one way or the other linked to Ripple.
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