XRP News Today: Ripple CEO’s Twitter Move Sparks $589 Price Theory Frenzy
Could a simple Twitter follow count change hint at a $589 XRP price? Ripple CEO Brad Garlinghouse and the official Ripple account recently adjusted their Twitter “following” counts to 589 and 985, reigniting the long-standing “589 theory” in the XRP community. This cryptic move has sent shockwaves through the crypto space, leaving investors and analysts scrambling for answers.
XRP News Today: Decoding the 589 Theory
The “589 theory” traces back to 2018 when a crypto influencer speculated that XRP could reach $589. While never backed by concrete data, the number became a symbol of bullish sentiment. Here’s why the recent Twitter activity has reignited the debate:
- Ripple CEO Brad Garlinghouse now follows exactly 589 accounts.
- The official Ripple account follows 985 accounts (589 reversed).
- This coincides with Ripple co-founder Arthur Britto breaking a years-long silence on June 23, 2025—5,890 days since May 8, 2009.
Ripple CEO’s Twitter Move: Signal or Coincidence?
Crypto analyst AllinCrypto suggests this could be a coded message. The symmetry is hard to ignore, but skeptics argue it’s mere coincidence. Key points to consider:
| Event | Significance |
|---|---|
| Twitter follow counts | 589 and 985 (589 reversed) |
| Arthur Britto’s post | 5,890 days since May 8, 2009 |
XRP Price Theory: Reality or Wishful Thinking?
For XRP to hit $589, its market cap would need to soar into the trillions. Community reactions are mixed:
- Bullish view: Symbolic gestures hint at future growth.
- Skeptical view: No concrete evidence supports the theory.
XRP Speculation: What Analysts Say
Analysts emphasize the need for regulatory clarity and global adoption. While the 589 theory is exciting, it remains speculative. Always DYOR (Do Your Own Research) before investing.
FAQs
Q: What is the 589 theory in XRP?
A: A speculative idea that XRP could reach $589, based on historical community sentiment.
Q: Why is Ripple’s Twitter activity significant?
A: The follow counts (589 and 985) align with the theory, sparking speculation.
Q: Could XRP realistically hit $589?
A: It would require unprecedented market growth and adoption.
Q: Has Ripple confirmed the 589 theory?
A: No official statements support the theory.
