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Fact Check: Is XRP Really Backed by Gold? Here’s the Truth
The number, $2,953.62, sounded so specif
On March 11, 2025, a Twitter user called Ripple_queen dropped a wild claim in their community post: “XRP WILL BE SUPPORTED BY THE $2953.62 PRICE OF GOLD.” This one line set off a storm in the crypto world, especially among XRP fans. People started buzzing on social media, trying to figure out what it meant.
Was XRP, the digital coin from the XRP Ledger, about to get pegged to gold at that exact price? The number, $2,953.62, sounded so specific it made folks wonder if something big was brewing. Hashtags like #Ripple and #XRPArmy helped it spread fast.
The tweet sparked instant chatter. Some folks got thrilled, imagining XRP hitched to gold, which might lock in a solid value jump. Another user chimed in with a twist, arguing that XRP didn’t even need gold since it’s already tied to real things like tokenized houses.
They gave an example: a $5 million house turned into XRP tokens would carry that house’s worth during a deal. It was a solid point about how the XRP Ledger works with real-world assets, and it added fuel to the debate.
Questions popped up everywhere. A user asked Ripple_queen, “Who’s saying this? I’d love to believe it, but where’s the proof?” Others wondered if Ripple, the company behind XRP, had some secret plan. The precision of that gold price had people hooked, but no one could pin down where it came from. The chatter grew louder as more folks piled in, some hyped, some doubtful.
Then the cracks showed. Dig around on Google or Ripple’s official pages, and there’s nothing, no hint of XRP linking to gold at $2,953.62 or anywhere close. People on Twitter started calling it out as fake, a baseless rumor. No one’s found a shred of evidence to back it up.
Now, the vibe’s shifted. Crypto fans are annoyed, saying it’s just noise from Ripple_queen with no substance. The community’s telling everyone to double-check stuff like this. Bold claims get attention, but without facts, they’re just hot air in a space that’s already full
Was XRP, the digital coin from the XRP Ledger, about to get pegged to gold at that exact price? The number, $2,953.62, sounded so specific it made folks wonder if something big was brewing. Hashtags like #Ripple and #XRPArmy helped it spread fast.
The tweet sparked instant chatter. Some folks got thrilled, imagining XRP hitched to gold, which might lock in a solid value jump. Another user chimed in with a twist, arguing that XRP didn’t even need gold since it’s already tied to real things like tokenized houses.
They gave an example: a $5 million house turned into XRP tokens would carry that house’s worth during a deal. It was a solid point about how the XRP Ledger works with real-world assets, and it added fuel to the debate.
Questions popped up everywhere. A user asked Ripple_queen, “Who’s saying this? I’d love to believe it, but where’s the proof?” Others wondered if Ripple, the company behind XRP, had some secret plan. The precision of that gold price had people hooked, but no one could pin down where it came from. The chatter grew louder as more folks piled in, some hyped, some doubtful.
Then the cracks showed. Dig around on Google or Ripple’s official pages, and there’s nothing, no hint of XRP linking to gold at $2,953.62 or anywhere close. People on Twitter started calling it out as fake, a baseless rumor. No one’s found a shred of evidence to back it up.
Now, the vibe’s shifted. Crypto fans are annoyed, saying it’s just noise from Ripple_queen with no substance. The community’s telling everyone to double-check stuff like this. Bold claims get attention, but without facts, they’re just hot air in a space that’s already full
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