Okay, so let’s clear the air on something that’s been flying around everywhere on crypto Twitter, Telegram groups, and probably your cousin’s WhatsApp status. A wild rumor started going viral claiming that Elon Musk is planning to buy $50 billion worth of Ripple’s XRP at some outrageous price like $600.37 per coin.

Sounds crazy, right? Because it is. And here’s why

🧵 Where This Rumor Even Came From

The whole thing started with a post from a user called ā€œCryptoGeekā€ on X (Twitter). They said Musk was going all-in on XRP and ditching Dogecoin, which obviously got people excited. You can imagine the reactions: XRP holders thinking they’re about to become millionaires overnight, and DOGE fans wondering if they just got dumped by their favorite billionaire.

But here’s the problem — there’s ZERO real evidence to support it. No screenshots. No tweets from Musk. No official statement from Tesla, SpaceX, or even Ripple. Just pure speculation and hype.

🚫 No Official Move from Musk

Let’s be real: Elon’s known for shaking the crypto market with just one tweet (we’ve all seen the Dogecoin rallies). But as of now, he’s said nothing about XRP. Not even a passing joke. And you’d think if he were about to drop $50B into a coin, someone from his circle—or Ripple themselves—would’ve at least hinted at it.

Instead? Total silence.

šŸ“‰ XRP Price Isn’t Buying It Either

Despite the massive buzz, XRP’s price barely flinched. At the time of writing, it’s chilling around $2.14, with just a tiny 0.02% dip. No moonshot. No crazy green candles. If people really believed this rumor, you’d see some major FOMO kicking in. But the market clearly does

šŸ’” Bottom Line

Here’s my take: Don’t fall for it. This whole ā€œMusk to buy $50B in XRPā€ story is nothing but social media noise. No proof. No confirmation. Just one viral post that got out of control. And we’ve seen this play out so many times in crypto—it’s practically tradition at this point.

So please, don’t base your investment decisions on hype. Always look for facts. And remember, if something sounds too good to be true in crypto, it probably is.

Stay sharp. šŸš€

$ETH

$XRP