XRP Holders Reject Gemini Rewards: Token Loyalty Tested

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  • Gemini’s XRP card proposal triggers user skepticism following prior negative remarks about token holders and delayed asset listing.
  • XRP investors recall historical tensions with Gemini, questioning the platform’s credibility amid recent promotional efforts for crypto rewards.

Gemini’s effort to engage XRP holders has encountered friction within a lively cryptofinancial environment. The exchange introduced a credit card offering crypto rewards up to four percent, touting it as an option for the so-called “Ripple army.” Tyler Winklevoss, a Gemini cofounder, invited the group to sign up.

Yet this invitation stirred memories from 2020, when he labeled XRP supporters as “dumb trolls,” creating a bitter memory that still echoes.

Back then, Gemini resisted listing the Ripple-linked token, leading to widespread frustration. Eventually, the platform added XRP in 2023, after Ripple’s legal victory. However, some users remain wary of trusting an exchange whose leadership once dismissed them.

Meanwhile, Tyler Winklevoss dismissed the idea of including XRP in a proposed U.S. strategic crypto reserve, stating that an asset must function like gold to be considered. That stance also provoked further discontent.

Community reactions highlight distrust toward Gemini’s latest marketing push. Some remind Tyler Winklevoss that brand loyalty is earned through consistent support, not sudden outreach after a tense history.

Others question the wisdom of spending XRP on retail purchases, especially if they believe the token holds upside potential. Holding, rather than spending, has become a common approach among those who view XRP as a store of value rather than expendable currency.

Gemini’s credit card was first announced in January 2021, promising up to four percent crypto rewards. That concept attracted curiosity across various coin communities, though XRP supporters felt excluded until this year’s listing.

Now, the question remains whether these same holders will opt into a program championed by an exchange they once viewed with suspicion. Some watchers suggest that building trust requires more than a product offer or marketing tweet.

While some point to the credit card’s potential, others believe Gemini’s approach has arrived too late. The tension underscores how historical conflicts shape user decisions in crypto markets, where loyalty can shift rapidly.

XRP holders who recall past insults or see better options may remain on the sidelines. Overcoming this reluctance may demand genuine engagement and acknowledgment of prior mistakes, rather than a quick push for fresh sign-ups and transactions.

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