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XRP Supporter Bill Morgan Plans Innovative Event to Cheer Up XRP Fans Amidst Community Concerns

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DATE POSTED:February 12, 2024
XRP Supporter Bill Morgan

The post XRP Supporter Bill Morgan Plans Innovative Event to Cheer Up XRP Fans Amidst Community Concerns appeared first on Coinpedia Fintech News

Pro-XRP lawyer Bill Morgan has taken a proactive stance to address concerns within the XRP community. In response to ongoing frustrations about Ripple and XRP’s market performance, Morgan revealed his involvement in organizing an XRP conference through the volunteer initiative @wave_of_innov.

Bill Morgan’s Big Vision

In a recent tweet, Morgan opened up about his dedicated efforts to instigate positive change within the XRP community. His focus is on organizing a conference that delves into innovation and development within the XRP Ledger (XRPL).

And instead of complaining about Ripple and waiting for it to make the price of XRP increase I am helping a dedicated team of volunteers at @wave_of_innov arrange an XRP conference focusing on innovation and development on the XRPL. Of course it will not move the price of XRP but…

— bill morgan (@Belisarius2020) February 11, 2024

Meanwhile, recognizing that many people in the community are frustrated with how Ripple and XRP are performing in the market, Morgan’s initiative is all about bringing some excitement and positive vibes back to the community members.

Despite understanding that the conference may not have an immediate impact on XRP’s market value, Morgan remains optimistic. His forward-thinking approach involves the utilization of the money they make from the conference to kickstart more activities on XRP Ledger. Morgan believes this might make more people want to use XRP in the future.

Seneschal’s Take on Ripple’s Spending

Meanwhile, this visionary approach from Bill Morgan came in response to the tweet made by X user Seneschal expressed critical sentiments regarding Ripple’s financial decisions. 

Ripple spends (5) million on a party and the XRP zealots think Brad is their loving benevolent father. Ripple is making the vast majority of their profits selling XRP to retail and retail gets $0.53 after legal clarity. Ripple (winning) XRP investors (losing)

— Seneschal (@JamesCa99517875) February 11, 2024

Seneschal’s tweet drew attention to Ripple’s significant expenditure, surpassing 5 million on an event, and the perceived perception of some XRP enthusiasts treating Ripple’s CEO, Brad, as a kind-hearted father. 

Seneschal delved deeper, suggesting that Ripple’s primary profits come from selling XRP to retail investors. The tweet pointed out that even after legal clarity, retail investors receive only $0.53, indicating a sort of gap between Ripple’s gains and potential losses for XRP investors.

Hopeful Move By @wave_of_innov’s

Bill Morgan praised the initiative of @wave_of_innov for arranging an XRP conference scheduled for March 22-24, 2024.

I am glad @wave_of_innov organized an XRP conference for 22-24 March 2024.

— bill morgan (@Belisarius2020) February 6, 2024

This commendation comes amid a challenging situation where the XRP price is experiencing limited movement in the market.

What’s Next for XRP?

In a move towards transparency and community involvement, Morgan posed a question to his followers, urging them to rate their interest in the upcoming initiative on a scale of 1-10. After the event, he promised to give a report card, showing how things went. This shows that he’s accountable and cares about what the community thinks.

Tags: money new