The Rumor:
Social media and crypto forums have been buzzing with claims that Forbes published an article forecasting XRP’s price to surge to $59,472 (rounded to $60,000). This "prediction" was reportedly linked to an article titled “The New Bitcoin Is XRP And It’s Headed To $59,472”, allegedly published and later removed by Forbes .
The Reality:
- No Official Forbes Article Exists: Fact-checking reveals no credible evidence that Forbes ever published such a piece. The rumor appears to stem from unverified claims by AI chatbots (Microsoft Bing and Google Bard) referencing a deleted article dated September 2023, which Forbes has never acknowledged .
- Forbes’ Actual Stance: Recent Forbes articles analyze XRP’s 2025 potential but offer moderate predictions (e.g., $1.50–$15) based on adoption, regulation, and market trends—nowhere near $60,000 .
Origins of the Hype:
The viral claim gained traction due to:
1. AI Chatbot "Confirmation": Bing and Bard cited the phantom article, sparking speculation about a cover-up .
2. CTF Token Speculation: Some linked the prediction to the CryptoTradingFund (CTF) rewards system on the XRP Ledger, suggesting demand for CTF tokens (projected to rise from $0.72 to $498) could indirectly boost XRP’s value .
Why $60,000 Is Unrealistic:
- Market Cap Math: XRP’s circulating supply (~58 billion) would require a $3.5 quadrillion market cap at $60,000/XRP—exceeding global GDP .
- Forbes’ Balanced View: Analysts cited by Forbes emphasize regulatory hurdles and competition from stablecoins/CBDCs as key challenges for XRP .
Key Takeaways:
✔️ False Alarm: The $60,000 prediction is not from Forbes.
✔️ Real Catalysts: Watch for SEC case outcomes, institutional adoption (e.g., XRP ETF rumors), and RippleNet expansion .
✔️ Invest Wisely: Extreme price claims often lack substance. Focus on verified developments.
📌 Bottom Line:
While XRP’s utility in payments and Ripple’s partnerships (e.g., CTF integration) are promising, always verify sensational predictions—especially when "sources" vanish mysteriously.
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