๐จ Rumor Debunked: Elon Musk Not Buying $50 Billion in XRP
A viral rumor suggesting Elon Musk plans to purchase $50 billion worth of XRP at $600.37 per coin has been thoroughly debunked. The claim, which rapidly spread on social media, originated from an unverified X (formerly Twitter) account named โCryptoGeek,โ asserting that Musk was shifting his interest from Dogecoin to XRP.
Despite the buzz, there is no credible evidence linking Musk or his companies to any such move. There have been no official announcements, screenshots, or transactions supporting the claimโand Ripple has made no comment confirming any involvement.
Given Muskโs long-standing and public affinity for Dogecoin, the rumor appears to be baseless speculation. At the time of writing, XRP trades around $2.14, with no significant spike, indicating that markets largely dismissed the claim as fake.
๐ Bottom Line: This is another case of crypto misinformation going viral. Always verify before you buy.
