Is XRP teaming up with Elon to achieve $600 price? A Fact Check

5 months ago 24

Recently, a tweet caused rather a disturbance successful the cryptocurrency world. An influencer with astir 30K followers claimed that XRP, the cryptocurrency, has partnered with Elon Musk. 

The tweet said Ripple’s CEO confirmed the concern and that XRP’s worth could spell up to $600. It adjacent included an representation of “Binance Square,” adding to the excitement. But earlier everyone gets excessively excited, let’s instrumentality a person look astatine what’s really going on.

The occupation is, that there’s nary authoritative confirmation astir this concern from either Musk oregon Ripple. No property release, nary verified statement, nothing. This isn’t the archetypal clip specified rumors person been spread, either. The thought of a concern betwixt Musk and XRP has been astir for a while. 

Back successful 2021, immoderate believed that Musk’s favourite cryptocurrency, Dogecoin, would soon surpass XRP successful value. While that thought got a batch of attention, it ne'er really turned into thing solid.

Now, accelerated guardant to today, and things person heated up again with different claim. Some users connected X (formerly Twitter) accidental they saw a tweet from Musk astir XRP, but it was deleted successful seconds. The tweet supposedly said, “XRP is looking rather promising,” but nary 1 was capable to seizure a screenshot. 

An AI tool, Grok, reportedly confirmed that the tweet existed but was rapidly removed. However, without immoderate factual proof, it’s hard to accidental if it really happened.

So, what does this each mean? In fact, there’s nary existent grounds that Musk is teaming up with XRP oregon adjacent tweeting astir it. It’s speculation and rumors, which for the moment are unconfirmed.

Although speculation of a collaboration betwixt Musk and XRP sounds good, we don’t person immoderate important grounds to backmost it.

Also Read: Has The Economist claimed China volition unban Crypto? Fact Check



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