Elon Musk–Trump Feud Sparks XRP Speculation: Could X Money Choose XRP?
A bold claim from TRIBLU founder Joshua Dalton is stirring the crypto world. In a recent post, Dalton suggested that Elon Musk may back XRP as the core asset for his upcoming financial platform, X Money. He even went as far as saying Musk “will do anything” to make XRP the chosen one.
This comes amid a heated public fallout between Musk and former President Donald Trump, who has traditionally aligned with Bitcoin (BTC). Trump’s family-backed firm, World Liberty Financial, is said to be heavily invested in BTC and could face pressure if Musk shifts attention to alternative assets like XRP.
Trump vs. Musk: Political Feud Hits the Markets
The conflict escalated on June 4, when Musk criticized Trump’s spending bill, warning of economic instability. Trump retaliated by threatening Musk’s government contracts and subsidies. The ripple effect (no pun intended) was immediate:
Tesla’s stock dropped, wiping out over $150 billion in value.
Bitcoin plunged more than 6%, briefly touching $100,400.
XRP also declined, though some see this as a potential opportunity.
Could XRP Be the Future of X Money?
Dalton and others believe the drama could set the stage for XRP’s rise. Musk has historically criticized Bitcoin’s energy use and has shown interest in more efficient alternatives. XRP, with its fast and low-cost cross-border transactions, fits that profile.
While Musk has often publicly supported Dogecoin, his October 2024 comments about XRP signaled openness to the token. Speaking at a crypto event, he said that assets like XRP could promote individual freedom—but clarified his remarks were not an endorsement.
A Turning Point for XRP?
With X Money expected to launch later in 2025, the idea of XRP playing a role has gained momentum in the community. Whether Musk will truly embrace XRP remains uncertain, but the unfolding Musk–Trump feud adds a dramatic layer to crypto market #XRPCommunity