Trade of Binance of all coins.

XRP and DOGE prices have slightly increased.

XRP is currently trading at around $2.16, while DOGE is at $0.17671.

A rumor recently went viral on social media claiming that Elon Musk is planning to buy $50 billion worth of XRP, paying over $600 per coin. Many people, especially XRP holders, quickly started sharing the news.

However, the rumor turned out to be completely false. There’s no statement from Musk or any official source confirming this. The claim was made by a user named “CryptoGeek” on X (Twitter), and it spread fast without any proof.

Elon Musk has always supported Dogecoin, not XRP. There’s no confirmed link between him and XRP so far. Even Ripple (the company behind XRP) hasn’t responded to this rumor.

If it were true, we would’ve seen a massive spike in XRP’s price — but nothing like that happened.

Bottom line:

The rumor about Elon Musk buying XRP is fake. Always double-check before believing or investing based on social media posts.

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