On March 11, 2025, a Twitter user named Ripple_queen claimed that XRP would be pegged to gold at $2953.62, causing a stir in the crypto community.
Ripple_queen's Claim and Its Impact
The tweet by Ripple_queen stating: “XRP WILL BE SUPPORTED BY THE $2953.62 PRICE OF GOLD” caused a buzz among XRP fans. People wondered if this meant XRP would be directly pegged to gold at this specific price. Hashtags like #Ripple and #XRPArmy helped spread the news quickly.
Debate Among Crypto Enthusiasts
Some users speculated about the claim's implications. One user pointed out that XRP is already tied to real-world assets, like tokenized real estate. For example, a $5 million house represented in XRP could carry the house's value. This fueled further discussion about XRP Ledger's functionalities.
Community Reaction and Debunking
No confirmation of this claim was found on official Ripple pages or through search engines, leading to doubts about its authenticity. Many users called it an unsubstantiated rumor, with no evidence supporting XRP being pegged to gold at the stated price. The community urges caution with bold claims lacking factual backing.
The community's reaction highlights the importance of verifying information in the crypto space, where bold claims can often turn out to be mere rumors.