Ripple CEO Calls Sphere Boycott Over $XRP Ad Policy
At the recent XRP Las Vegas event, Ripple CEO Brad Garlinghouse announced the Las Vegas Sphere rejected a proposed $XRP advertisement. Ripple had initiated discussions for $XRP promotional content on the Sphere's exterior. The venue reportedly cited a policy limiting cryptocurrency advertising exclusively to Bitcoin ($BTC) and Ethereum ($ETH). In response, Garlinghouse called for an "$XRP boycott" of the Sphere.
The boycott call remains active, with the Las Vegas Sphere yet to publicly address Garlinghouse's statement or indicate any policy revision.
Community Reaction and Mindshare Impact
The news quickly generated significant discussion within the crypto community, with $XRP holders registering a bearish sentiment, with $XRP sentiment dropping to 35% bullish. Following the event, $XRP saw a 0.3% mindshare change.