The number 589 has become a symbol of confidence and ambition within the XRP community. Recent events have once again highlighted its significance.
Origins of the 589 Meme
The number 589 has held a mythical status in the XRP ecosystem for several years. It originated from a meme suggesting that an episode of The Simpsons had predicted that XRP would reach $589 in value. Although no such episode was ever produced, the meme gained traction and became a recurring symbol of bullish sentiment among XRP supporters. Over time, '589' came to represent not a literal price prediction but an aspirational figure loaded with community significance.
Connection to the Hidden Road Acquisition
A recent Times Tabloid article referenced the address of Hidden Road’s New York headquarters: 589 5th Avenue. The article included commentary from digital asset researcher Anders, who noted that Ripple had recently acquired Hidden Road in a $1.25 billion deal. The recurrence of '589' in the address of the acquired firm further fueled discussions around the number’s symbolic role in the XRP narrative. Supporters took this as yet another subtle confirmation of the number’s continued relevance in Ripple-related developments.
Ripple's Silence
Ripple Labs, the company behind the XRP Ledger, has not acknowledged or supported the meme or its implications. Nonetheless, the persistence of 589-related references highlights the influence of community-driven storytelling in the cryptocurrency space. From trademark registration numbers to real estate addresses, the number continues to resurface in ways that reinforce its symbolic place in XRP culture.
The number 589 continues to exert noticeable influence on public opinion and symbolism within the XRP community. Its appearance in various contexts, such as trademarks and addresses, reaffirms its significance among cryptocurrency supporters, even as Ripple's official stance remains curiously silent.
