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

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

On March 11, 2025, a Twitter person known as Ripple_queen dropped a wild declare of their neighborhood put up: “XRP WILL BE SUPPORTED BY THE $2953.62 PRICE OF GOLD.” This one line set off a storm within the crypto world, particularly amongst XRP followers. Individuals began buzzing on social media, attempting to determine what it meant. 

Was XRP, the digital coin from the XRP Ledger, about to get pegged to gold at that precise worth? The quantity, $2,953.62, sounded so particular it made of us marvel if one thing large was brewing. Hashtags like #Ripple and #XRPArmy helped it unfold quick.

The tweet sparked immediate chatter. Some of us acquired thrilled, imagining XRP hitched to gold, which could lock in a stable worth leap. One other person chimed in with a twist, arguing that XRP didn’t even want gold because it’s already tied to actual issues like tokenized homes. 

They gave an instance: a $5 million home was XRP tokens would carry that home’s value throughout a deal. It was a stable level about how the XRP Ledger works with real-world belongings, and it added gas to the talk.

Questions popped up in every single place. A person requested Ripple_queen, “Who’s saying this? I’d like to consider it, however the place’s the proof?” Others questioned if Ripple, the corporate behind XRP, had some secret plan. The precision of that gold worth had folks hooked, however nobody may pin down the place it got here from. The chatter grew louder as extra of us piled in, some hyped, some uncertain.

Then the cracks confirmed. Dig round on Google or Ripple’s official pages, and there’s nothing, no trace of XRP linking to gold at $2,953.62 or wherever shut. Individuals on Twitter began calling it out as pretend, a baseless rumor. Nobody’s discovered a shred of proof to again it up.

Now, the vibe’s shifted. Crypto followers are aggravated, saying it’s simply noise from Ripple_queen with no substance. The neighborhood’s telling everybody to double-check stuff like this. Daring claims get consideration, however with out info, they’re simply scorching air in an area that’s already filled with it.

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