Ripple co-founder Chris Larsen is funneling millions to the Kamala Harris campaign amid ‘no gummies’ sensation at Maria Shrivels event – here’s what’s going on.
Americans will go to the polls in less than two weeks. Bitcoin, Ripple, Ethereum, and other top altcoins remain in a state of flux due to the uncertainty.
Kamala Harris wants to succeed Joe Biden, but she is facing stiff competition from Donald Trump, the Republican candidate.
As of October 22, Polymarket data shows that Trump has a decent lead, with 64% of all punters expecting the former president to take over.
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Still, this doesn’t mean Harris doesn’t stand a chance. The VP has a broad support base, and predictions market, after all, can’t be accurate.
Harris’ “Not Eating Gummies” Moment Goes Viral
Then again, she is going viral. Yesterday, the VP appeared at a Michigan event hosted by Maria Shriver.
In a viral moment, Shriver asked her how she manages stress. With a chuckle, she responded, “Not eating gummies,” pointing to a relaxation trend among Americans.
Harris also went on to reveal that she struggles with sleep and has to regularly exercise.
Even as a warm personality shows, alliances are clearly formed ahead of this hotly charged election.
Most crypto leaders support Donald Trump because he promised to implement policies. Plans for a strategic Bitcoin reserve and firing Gary Gensler as the head of the United States SEC are seen as attractive.
However, not everyone is boarding the Trump ship.
Ripple Co-Founder Donates To The Kamala Harris Campaign
Recently, Chris Larsen, the co-founder of Ripple, has been revealed as one of the top backers of the Harris campaign.
Data from the United States Federal Election Commission (FEC) shows Larsen has funneled over $11.8 million in personal donations and cryptocurrency contributions.
For this reason, he is one of the top crypto leaders, wholly endorsing the current VP.
Some of his contributions include a $9.9 million donation to the Future Forward PAC in September.
At the same time, he donated over $800,000 to the Harris Victory, funding 1 million worth of XRP in August for the Kamala Harris campaign.
Earlier, Larsen, who was sued by the United States SEC in late 2020, along with Brad Garlinghouse, said Harris was her choice candidate.
He has interacted with her and claims Harris can lead the tech revolution since she grew up in ” the innovation economy her whole life.”
(XRPUSDT)
Even with these revelations, XRP prices remain stable and under pressure. At press time, the coin is trading below $0.55 and struggling to shake off the weakness of early October.
However, it remains above support at the $0.5 price level. Amid a multi-week consolidation, XRP is clearly stable and likely to re-test a move to the upside on the short-time frame, as highlighted by tightening Bollinger bands over the past 72 hours.
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