Could a simple Twitter follow count change hint at a monumental XRP price surge? Ripple CEO Brad Garlinghouse and the official Ripple account recently adjusted their Twitter “following” counts to 589 and 985, reigniting the explosive “589 theory” in the XRP community. This mysterious move has sent shockwaves through crypto circles, with analysts debating whether it’s a coded message or mere coincidence.
What is the 589 XRP price theory?
The 589 theory traces back to 2018 when a crypto influencer speculated that XRP could reach $589. While never backed by concrete economic models, this figure has become legendary in the XRP community. The recent Twitter activity appears to deliberately reference this theory, with:
- Brad Garlinghouse following exactly 589 accounts
- The official Ripple account following 985 accounts (589 reversed)
- This change occurring just before Arthur Britto’s cryptic emoji post
Ripple CEO’s Twitter activity: Signal or coincidence?
Crypto analyst AllinCrypto suggests this coordinated change might be more than random. The numbers align with:
| Event | Significance |
|---|---|
| Twitter follows | 589 and 985 (589 reversed) |
| Britto’s post date | 5,890 days since May 8, 2009 |
| Community reaction | Mixed between excitement and skepticism |
Could XRP realistically reach $589?
While the 589 theory fuels excitement, analysts caution about the economic realities:
- Market cap would need to reach trillions
- Requires unprecedented global financial adoption
- Depends on regulatory clarity
- Current fundamentals don’t support this valuation
Community reactions to the XRP news
The crypto community remains divided:
- Bullish supporters see it as confirmation of future gains
- Skeptics view it as wishful thinking
- Analysts emphasize distinguishing between symbols and fundamentals
While the 589 theory makes for compelling speculation, investors should approach with caution. The recent Twitter activity and Britto’s return certainly add intrigue, but without concrete evidence from Ripple, they remain in the realm of community lore rather than investment thesis.
Frequently Asked Questions
What is the 589 theory in XRP?
The 589 theory suggests XRP could reach $589 per coin, based on historical community speculation rather than economic models.
Why did Ripple CEO change his Twitter follows?
The reason remains unknown. Some believe it’s a coded message, while others think it’s coincidental.
How realistic is a $589 XRP price?
Extremely unlikely in the near term, as it would require trillions in market capitalization and massive adoption.
Who is Arthur Britto and why is his post significant?
Britto is a Ripple co-founder and XRP’s original architect. His rare social media activity after years of silence adds to the mystery.
Should investors act on this XRP news?
Analysts recommend focusing on verifiable fundamentals rather than symbolic gestures when making investment decisions.
