Fact Check: Is XRP Really Backed by Gold? Here’s the Truth

On March 11, 2025, a Twitter idiosyncratic called Ripple_queen dropped a chaotic assertion successful their assemblage post: “XRP WILL BE SUPPORTED BY THE $2953.62 PRICE OF GOLD.” This 1 enactment acceptable disconnected a tempest successful the crypto world, particularly among XRP fans. People started buzzing connected societal media, trying to fig retired what it meant. 

Was XRP, the integer coin from the XRP Ledger, astir to get pegged to golden astatine that nonstop price? The number, $2,953.62, sounded truthful circumstantial it made folks wonderment if thing large was brewing. Hashtags similar #Ripple and #XRPArmy helped it dispersed fast.

The tweet sparked instant chatter. Some folks got thrilled, imagining XRP hitched to gold, which mightiness fastener successful a coagulated worth jump. Another idiosyncratic chimed successful with a twist, arguing that XRP didn’t adjacent request golden since it’s already tied to existent things similar tokenized houses. 

They gave an example: a $5 cardinal location turned into XRP tokens would transportation that house’s worthy during a deal. It was a coagulated constituent astir however the XRP Ledger works with real-world assets, and it added substance to the debate.

Questions popped up everywhere. A idiosyncratic asked Ripple_queen, “Who’s saying this? I’d emotion to judge it, but where’s the proof?” Others wondered if Ripple, the institution down XRP, had immoderate concealed plan. The precision of that golden terms had radical hooked, but nary 1 could pin down wherever it came from. The chatter grew louder arsenic much folks piled in, immoderate hyped, immoderate doubtful.

Then the cracks showed. Dig astir connected Google oregon Ripple’s authoritative pages, and there’s nothing, nary hint of XRP linking to golden astatine $2,953.62 oregon anyplace close. People connected Twitter started calling it retired arsenic fake, a baseless rumor. No one’s recovered a shred of grounds to backmost it up.

Now, the vibe’s shifted. Crypto fans are annoyed, saying it’s conscionable sound from Ripple_queen with nary substance. The community’s telling everyone to double-check worldly similar this. Bold claims get attention, but without facts, they’re conscionable blistery aerial successful a abstraction that’s already afloat of it.

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