XRP has been one of the coins to benefit from the current crypto market rally. However, the growth pace is relatively slow compared to other top cryptocurrencies like Bitcoin, which has surged to a new all-time high of $89k, Ethereum (ETH), Dogecoin (DOGE), and Cardano (ADA). The XRP community has expressed its concern about the snail-like movement of the coin and has wondered why Ripple is not engaging in heavy promotions like Bitcoin.
In a recent post on X (formerly Twitter), pro-XRP lawyer, Bill Morgan shed some light on the lack of promotional activities by Ripple for XRP. In his post, he noted that the main reason behind this is the elongated court battle between Ripple vs SEC.
Bill Morgan also emphasized the difference between Bitcoin's promotional freedom and XRP's restrictions. According to him, Bitcoin does not face any restrictions unlike XRP, and BTC holders can promote Bitcoin without worrying about any repercussions from the SEC. He added that Ripple is unlikely to promote XRP amid the regulatory battle.
This post first appeared on 36crypto.com News.
