Trump’s Truth Social Post Sparks Crypto Chaos—Ripple Ties Fuel Speculation Frenzy
A single Truth Social post from Donald Trump has sent shockwaves through crypto circles—this time dragging Ripple into the political fray. The former president’s vague endorsement of ’winning currencies’ triggered instant dissection from XRP army loyalists and skeptics alike.
Market manipulators rejoice: Another celebrity tweet to pump your bags before the inevitable dump. Meanwhile, SEC lawyers reportedly groaned audibly as their lawsuit paperwork doubled overnight.
Truth Social’s blockchain ambitions always felt like a grift—but now they’ve got the trading volume to prove it. Just don’t ask about the tokenomics.
Staff firing
Once Trump realized Ripple’s connection, he was reportedly furious and ordered his team to sever ties with the lobbyist. “He is not welcome in anything anymore,” one source quoted Trump as saying.
While Ripple maintains it does not control XRP, the company is a central player in the token’s ecosystem and has been involved in several legal and regulatory battles.
The timing of Trump’s post — and the resulting price spikes in XRP, SOL, and ADA — added fuel to suspicions of market manipulation or political opportunism.
Ballard Partners, led by longtime Trump ally Brian Ballard, has held significant sway in Washington since Trump’s 2016 election. The firm reportedly brought in $14 million in lobbying revenue in Q1 2025 and represents high-profile clients including TikTok and BMW.
Following the incident, however, Ballard has reportedly been frozen out of Trump’s orbit, with staff instructed to avoid meetings with the firm.
Ballard has pushed back on the narrative. In a statement to Politico, he said the firm is “accustomed to false accusations” and denied leveraging his relationship with Trump for business. Still, some close to the president believe the fallout was inevitable. “One way to get yourself in the doghouse is for the president to think you’re trading on his name,” a Trump confidant said.
While Trump later clarified that Bitcoin (BTC) and ethereum (ETH) would also be included in any strategic reserve, the damage had been done.
The WHITE House declined to comment on the matter. Ripple also has not issued a public statement.