thecryptobasic.com
The XRP community recently reacted to a riddle posted by U.S.-based trading platform Gemini today amid sustained expectations of a pivotal XRP-focused announcement.
Gemini has renewed its XRP social campaign, making several XRP-focused posts on X and teasing an imminent announcement surrounding the asset. The enigmatic campaign has triggered speculation, with several XRP community figures seeking to uncover what the exchange aims to release.
After three cryptic tweets about XRP, Gemini’s latest post, which came up today, posed a riddle to the crypto community, with no apparent mention of XRP. However, XRP community members have flooded the comment section, considering the exchange’s recent mentions of XRP and the nature of the riddle.
Gemini noted in the post: “Can you solve this riddle? In the land of giants, I’m swift and small, when I run I don’t stall. Across borders, I freely roam in markets near and far from home. What am I?”
Can you solve this riddle?
In the land of giants, I'm swift and small, when I run I don't stall. Across borders, I freely roam, in markets near and far from home. What am I?
The answer will be posted in 24 hours.
— Gemini (@Gemini) January 22, 2024
Possible Interpretations
Most of the replies have pointed to XRP, as the asset appears to fit the features highlighted in the riddle. The first statement “In the land of giants, I’m swift and small” likely refers to XRP’s low price, currently below the $1 mark, while other assets such as Bitcoin (BTC) and Ethereum (ETH) are priced at thousands of dollars.
The next statement “When I run, I don’t stall” could be describing XRP’s ability to breach multiple resistance points when it records massive solo rallies. The crypto asset witnessed these rallies from November to December 2013, November to December 2014, December 2017 to January 2018, and in April 2021.
“Across borders, I freely roam, in markets near and far from home” is possibly the biggest giveaway. This statement points to XRP’s utility in cross-border payments, as leveraged by Ripple in its Ripple Payments service. A recent report confirmed that 50% of RippleNet transactions use XRP.
However, it bears mentioning that, while these interpretations appear logical, they remain speculative, and the exchange could actually be referring to something else. Gemini noted that they will be posting the answer to the riddle in the next 24 hours.
As earlier highlighted, the riddle is part of a broader social campaign around XRP from the Gemini team. The last time the exchange carried out a similar campaign, it listed XRP on its platform. The community eagerly awaits an announcement surrounding the latest development.