David Schwartz, CTO Emeritus at Ripple, recently shared a video on X featuring a set of trading cards for the XRP-based meme coin FUZZY. Schwartz stated he was unaware of the sender but acknowledged the project's account in his post. The cards are part of the Fuzzycards project, where NFT holders can redeem physical booster packs containing five cards each.
The FUZZY token, named after one of the earliest wallets on the XRP Ledger, has seen significant market activity. Its price more than doubled over the past week, with a notable surge occurring on October 20. Currently, the FUZZY-XRP pair ranks as the third-largest automated market maker pool on the XRP Ledger, holding approximately $992,000 in liquidity.
Schwartz previously opened a trust line for the token, describing the action as routine. However, he has expressed personal reservations about treating meme coins as investments. Despite his attempts to maintain neutrality, market participants continue to interpret his social media activity and personal posts as signals regarding the project's status.
