In the Simpsons episode "Frinkcoin", Bart writes on a chalkboard that XRP will hit $589 by the end of the year.
This prediction went viral and was seen as a bullish prediction for the cryptocurrency XRP.
Explanation :
Frinkcoin aired in February 2020. At the time, XRP was trading at around $0.44, so the prediction seemed far-fetched. However, XRP rallied in the weeks following the filing of summary judgment motions in the SEC and Ripple court case.
Additional information about XRP ;
XRP is the native cryptocurrency for the XRP Ledger, an open-source distributed ledger.
Ripple Labs, the company behind XRP, holds most of the token supply.
XRP is used as a bridge currency for cross-border payments.
Transactions on the XRPL can be denominated in any currency.
Important note ;
The Simpsons should not be used as investment advice. Investors should always do their own research before making an investment decision.
You can also watch this video to learn more about the Simpsons' predictions on XRP and other cryptocurrencies:
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