Recent speculation has circulated regarding Elon Musk potentially investing $104 billion into XRP as part of a partnership with Ripple to power payments for X, his envisioned "Everything App." However, these claims remain unsubstantiated. Investigations have found no official announcements, filings, or credible evidence supporting this rumor. The speculation appears to have originated from unverified social media posts and has been amplified by online discussions and misinformation .
In the XRP ecosystem, the $XPUMP token has gained attention as a notable meme coin on the XRP Ledger (XRPL). Reports suggest that XRPL is preparing to handle significant transaction volumes, with $XPUMP standing out among meme tokens . While $XPUMP is described as a utility token with a new pre-sale on the XRP Ledger, it's important to note that meme coins are highly speculative and can be subject to rapid market changes.
Investors should exercise caution and conduct thorough research before engaging with such tokens. Always verify information through trusted sources and be wary of unverified claims circulating on social media.