The favored dealer additionally stated he’s performed with meme cash and perpetual buying and selling.
James Wynn, the pseudonymous dealer who grew to become fairly the celeb within the cryptocurrency neighborhood previously a number of months with huge bets on meme cash and BTC futures, has formally backed XRP.
In a latest submit on X, he stated he went down the “rabbit gap of XRP” and determined to speculate a “significant slice” of over $25,000 into the asset.
I’ve spent the final 24hrs happening the rabbit gap of $XRP.
I’ve determined to speculate a SIGNIFICANT portion into XRP. ($25..+)
I consider it might revolutionize the banking techniques. It’s a big gamble, as all investments are.
Whether or not you’re Staff XRP or not. I would like everybody to…
— James Wynn (@JamesWynnReal) October 25, 2025
Wynn stated the potential for Ripple and its native token is substantial because it might “revolutionize the banking techniques.” Nonetheless, the meme coin dealer admitted that XRP nonetheless stays a big gamble, identical to all different investments.
His backing is available in a moderately peculiar timing as the corporate behind the asset simply introduced that it has renamed Hidden Street – the prime dealer it acquired earlier this 12 months 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 neighborhood 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 neighborhood, was fast to focus on some execs, similar to Ripple being the 2nd oldest chain within the High 10 and its quick and low cost layer 1 community.
Others have been a bit extra skeptical. One consumer requested how a lot Ripple’s CEO, Brad Garlinghouse, paid Wynn for this submit on Friday.
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In a separate submit, Wynn stated he’s performed with meme cash and perpetual buying and selling after “finishing” each ventures and can now deal with constructing within the crypto trade. Nonetheless, it doesn’t turn into clear if his new plans are by some means linked to Ripple.
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