In a recent disclosure, the top crypto exchange Bitstamp has urged XRP holders not to sell their bags.
Bitstamp, one of the world’s leading and oldest crypto exchanges, captured the XRP community’s attention with its recent social media campaign aimed at promoting the crypto asset.
The exchange’s latest effort involves a creative version of the popular UNO game meme, where players are often humorously depicted choosing extreme options over easier alternatives.
Bitstamp’s UNO Meme Shows XRP Loyalty
In its post on X, Bitstamp shared an image of the popular UNO game meme. However, this time, the message on the meme reads: “Sell your XRP or draw 25.”
$XRP 💎 🙌 pic.twitter.com/jx4JKI5z66
— Bitstamp (@Bitstamp) February 5, 2025
Notably, the second section of the image shows a person holding a massive stack of cards, symbolizing their refusal to sell XRP, instead opting to draw 25. Interestingly, the humorous portrayal resonated strongly within the crypto community, as it encouraged investors to hold onto their XRP bags.
The depiction comes at an opportune time as the crypto market turbulence has impacted altcoins like XRP severely. For context, XRP is down 21% over the past week, having given up the pivotal $3 psychological mark on the back of the recent crash.
Amid this price turbulence, it can be natural for investors to consider panic selling. Nonetheless, several analysts have discouraged this approach, suggesting that XRP could record more impressive price upswings after this downturn. Bitstamp’s latest disclosure also seeks to discourage investors from selling off their XRP bags.
Bitstamp and Gemini Bullish on XRP
This recent campaign is not Bitstamp’s first attempt at engaging the XRP community. The exchange has a history of promoting the token and rallying its supporters through social media campaigns.
For instance, on Dec. 20, 2024, Bitstamp posted an optimistic message about XRP, suggesting it would make history in 2025. The post quickly amassed 1.8 million views, triggering speculations of significant developments for XRP this year.
Further, in November 2024, as XRP’s value surged dramatically following Donald Trump’s election victory, Bitstamp shared a video of a rocket adorned with XRP’s logo.
The video depicted the rocket soaring skyward with a caption celebrating XRP’s upward trajectory. Moreover, in July 2024, prior to XRP’s meteoric rise, Bitstamp shared an image of the moon embedded with the XRP logo.
Meanwhile, Bitstamp is not the only exchange championing XRP. Gemini, another leading exchange, has also shown strong support for the token. The exchange listed XRP in August 2023, following the landmark court ruling in the Ripple vs. SEC case, which clarified that XRP was not inherently a security.
Shortly after the listing, Gemini launched a daily XRP faucet, allowing a user to claim 20 XRP tokens daily for one week. At the time, these tokens were worth $10 but have since risen in value to $48 at press time.
In January 2024, Gemini continued its promotional efforts by sharing an enthusiastic post on X about its support for XRP. A day later, the crypto exchange introduced XRP perpetual contracts on its platform.
