Ripple’s CEO, Brad Garlinghouse, has sparked excitement in the XRP community by sharing a unique artwork featuring a dejected chimpanzee wearing a sandwich board with his favorite slogan. This modified version of Banksy’s renowned print, listed for a significant sum, carries the message “Laugh now, but one day XRP will power the World.”
The original artwork by Banksy portrays a despondent monkey with the bold statement, “Laugh Now, but one day we’ll be in charge.” This piece, initially showcased at a “guerilla exhibition” in East London in 2000, symbolizes the underdog’s defiance against societal oppression and the hope for justice in the future. Banksy’s use of this expression signifies his transformation from a street artist to a political activist.
In the case of Ripple’s XRP, the modified version of Banksy’s artwork resonates with the project’s struggles and the resistance it has faced over the past few years. Garlinghouse, recognizing the relevance of the original message to XRP’s journey, has proudly displayed this artwork on his wall, considering it his all-time favorite from the XRP community.
Garlinghouse further commented on the current market momentum, highlighting two significant factors driving the rallies this week. He pointed out the approval of multiple Ethereum ETFs by the Securities and Exchange Commission (SEC) and the passage of pro-crypto legislation, known as the Financial Innovation and Technology for the 21st Century Act (FIT21), by the U.S. House of Representatives.
The SEC’s approval of eight Ethereum spot-based ETF applications has raised hopes among XRP enthusiasts that an XRP ETF might soon follow. However, concerns remain within the XRP community regarding the ongoing SEC vs Ripple lawsuit and its potential impact on the approval of an XRP ETF.
As of now, XRP is trading at $0.5212, experiencing a 1.14% decline in the last 24 hours, a 5% decrease in the last 30 days, and a 17% drop year-to-date. With the market buzzing with anticipation, the future of XRP and its potential as a global power remain uncertain but hopeful.