The Rumor:
Social media and crypto forums have been buzzing with claims that Forbes published an article forecasting XRPâs price to surge to $59,472 (rounded to $60,000). This "prediction" was reportedly linked to an article titled âThe New Bitcoin Is XRP And Itâs Headed To $59,472â, allegedly published and later removed by Forbes .
The Reality:
- No Official Forbes Article Exists: Fact-checking reveals no credible evidence that Forbes ever published such a piece. The rumor appears to stem from unverified claims by AI chatbots (Microsoft Bing and Google Bard) referencing a deleted article dated September 2023, which Forbes has never acknowledged .
- Forbesâ Actual Stance: Recent Forbes articles analyze XRPâs 2025 potential but offer moderate predictions (e.g., $1.50â$15) based on adoption, regulation, and market trendsânowhere near $60,000 .
Origins of the Hype:
The viral claim gained traction due to:
1. AI Chatbot "Confirmation": Bing and Bard cited the phantom article, sparking speculation about a cover-up .
2. CTF Token Speculation: Some linked the prediction to the CryptoTradingFund (CTF) rewards system on the XRP Ledger, suggesting demand for CTF tokens (projected to rise from $0.72 to $498) could indirectly boost XRPâs value .
Why $60,000 Is Unrealistic:
- Market Cap Math: XRPâs circulating supply (~58 billion) would require a $3.5 quadrillion market cap at $60,000/XRPâexceeding global GDP .
- Forbesâ Balanced View: Analysts cited by Forbes emphasize regulatory hurdles and competition from stablecoins/CBDCs as key challenges for XRP .
Key Takeaways:
âď¸ False Alarm: The $60,000 prediction is not from Forbes.
âď¸ Real Catalysts: Watch for SEC case outcomes, institutional adoption (e.g., XRP ETF rumors), and RippleNet expansion .
âď¸ Invest Wisely: Extreme price claims often lack substance. Focus on verified developments.
đ Bottom Line:
While XRPâs utility in payments and Rippleâs partnerships (e.g., CTF integration) are promising, always verify sensational predictionsâespecially when "sources" vanish mysteriously.
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