XRP News Today: Ripple CEO and account adjust Twitter follows to 589 sparking XRP price theory speculation

Generated by AI AgentCoin World
Thursday, Jul 31, 2025 11:39 am ET1min read
Aime RobotAime Summary

- Ripple CEO Brad Garlinghouse and the official account adjusted Twitter follows to 589 and 985, reigniting the "589" theory about XRP's potential $589 price.

- Co-founder Arthur Britto broke social media silence with a silent emoji on June 23, 2025, coinciding with 5,890 days since a prior 589 theory reference.

- Analysts note achieving $589 would require unprecedented market adoption and trillion-dollar valuation, far exceeding current crypto benchmarks.

- Community reactions remain divided between symbolic optimism and skepticism, with no official confirmation from Ripple leadership.

Ripple CEO Brad Garlinghouse and the official Ripple account recently altered their Twitter "following" counts to 589 and 985 respectively, reigniting discussions around the long-standing "589" theory in the XRP community. The move has drawn attention due to its numerical symmetry and historical association with the idea that XRP could one day reach a price of $589 [1]. According to crypto analyst AllinCrypto, this coordinated change may hint at a coded message or a signal, suggesting the number might hold a deeper significance for XRP's future price trajectory [1].

This theory traces back to 2018 when a now-deleted tweet from a crypto influencer speculated that XRP could reach $589. Though never supported by concrete economic models, the figure has since become emblematic of long-term bullish sentiment in the XRP community [1]. Recent activity appears to align with this narrative, but whether it reflects a deliberate strategy or mere coincidence remains unconfirmed.

Further fueling speculation, Arthur Britto—Ripple co-founder and original architect of XRP—broke a years-long social media silence on June 23, 2025, by posting a silent emoji. Given Britto’s historical reclusiveness, this post was interpreted as noteworthy by many observers. Notably, the date of the post coincided with exactly 5,890 days since May 8, 2009, the date referenced in a prior analysis about the 589 theory [1]. While no explicit explanation was provided, the timing added another layer of intrigue to the ongoing narrative.

Community reactions have been mixed. Some view the events as symbolic and indicative of a broader bullish narrative, while others remain skeptical. An X user named Lucy emphasized that such numerical coincidences are often seen as “Easter eggs” or signals in the crypto space, but cautioned that they are more reflective of community sentiment than concrete market indicators [1]. For XRP to reach $589, Lucy pointed out, would require a significant shift in global financial adoption, regulatory clarity, and a dramatic increase in market capitalization—conditions that remain largely unmet.

Analysts have also highlighted the sheer scale of economic transformation needed for XRP to reach such a price. At current valuations, achieving $589 would place XRP’s market cap in the trillions, surpassing even the largest existing cryptocurrencies. While the symbolic gestures and re-emergence of key figures continue to generate excitement, they have not been substantiated by formal statements from Ripple or its leadership [1].

The 589 theory remains speculative and is not supported by actionable data from the company. Market observers advise caution and emphasize the importance of distinguishing between symbolic activity and verifiable market fundamentals. As with all speculative assets, investors are encouraged to conduct independent research and make informed decisions.

Source: [1] Is $589 XRP Price Truly Coded? Ripple and Garlinghouse’s Recent Action Sparks Speculation (https://timestabloid.com/is-589-xrp-price-truly-coded-ripple-and-garlinghouses-recent-action-sparks-speculation/)

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