New Chief Market Strategist in Ripple’s house to save XRP from the 13% drop?
It has not been a very lucky week for Ripple [XRP] with its dramatic declines and minor positive graphs. XRP has declined another 13.74% in the past 24 hours but has continued to retain its 3rd position in the market. Things might not be going according to Ripple team’s agenda but the believers need not be disappointed as the entire market is under a bearish grip right now.
On a positive note, they have a new Chief Market Strategist in the house. Brad Garlinghouse tweeted earlier this morning:
Brad Garlinghouse’s Tweet
Yes! You read it right; Bloomberg TV’s Cory Johnson is now a part of Ripple’s extraordinary team. Cory has worked with Bloomberg TV for about 8 years now. He used to cover technology on TV and Radio. He joined Ripple’s team on Thursday during the volatile period of this 6-year-old company.
Cory Johnson states his views about Ripple:
“The role of Ripple as a company and XRP as a currency in financial markets, to regulators, financial institutions and investors could use more explaining, I’m going to try and explain, listen and set strategies to make it easy for Wall Street and the world of finance to understand what we’re doing.”
Some of the ecstatic XRP followers tweeted on this news:
“This is likely a very good hire. I watch Cory Johnson quite often on the “Bloomberg Technology” program. He strikes me as very knowledgeable, insightful and clear in his thinking and communication.”
Jean, another Twitter user says:
“Work with the government, work with the media = XRP #1 crypto.. great step ripple!!”
While there were few unhappy speculators as well who stated:
“What a slimy move, a representative of a major journalistic outlet of influence shouldn’t have a vested interest in the company.”
According to CNBC reports, Cory Johnson will work closely with Ripple’s CFO, Ron Will. As part of his job description, he will be connecting closely and interacting with the investors while explaining to them about the company and the coin itself.
After being in the company for a few hours, Johnson made a statement:
“These people move a thousand miles a minute around the globe like their pants are on fire.”
Market stagnation had kept Ripple under the limelight throughout the last month and market speculators have been pointing out the sloth growth in the crypto market. Ripple currently holds a value of $0.789. Ripple has sold $91.6 million worth of the currency in its fourth quarter.
With already many partnerships in hand, it is curious to see what Cory Johnson’s next move is going to be.
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