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Home News Altcoin News

XRP or Xaggeration? Musk Tweet Rumor Sends Crypto Into a Spiral

by Vartika Sahu
June 16, 2025
in Altcoin News
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XRP is looking quite promising elon musk
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Elon Musk’s endorsement of XRP has been a topic of significant discussion in the crypto world recently. After a user on X said that the CEO of Tesla, SpaceX, and X tweeted “XRP is looking quite promising” and then deleted it right away, rumors spread. The spreadsheet containing fan posts, AI interpretations, and conspiracy theories suggested that Musk was quietly supporting Ripple’s token. But is there anything real behind the noise?

The Tweet That Didn’t Happen?

Reports surfaced that Elon Musk tweeted “XRP is looking quite promising” and then deleted it a few seconds later, causing Twitter to erupt. The rumor spread quickly: screenshots disappeared, there is no official archive, and AI models like Grok added to the fire by “confirming” the post. But even with all the digital noise, there is no proof that such an event ever happened.

A viral post by CryptoGeek started the rumor that Musk might be flirting with Ripple’s XRP in connection with new payment features on X. But Musk or any of his companies has not confirmed this. There were no screenshots, no blockchain evidence, and no archive tools that found it. This is a classic example of crypto gossip spreading rapidly.

🚨RUMOURS: Elon Musk tweeted “#XRP is looking quite promising” — then deleted the post just 20 seconds later!

Ripple and Elon Musk may be working on a deal to use XRP for X Payments Globally. pic.twitter.com/SeC1Vp2ORW

— CryptoGeek (@CryptoGeekNews) June 3, 2025

The crypto communities on Reddit and Twitter presented opposing viewpoints. Some people said that Musk’s past cryptic tweets about Dogecoin and Bitcoin were a sign of things to come. Some people were still not convinced, saying that the incident was just meme magic meant to raise prices.

What the XRP rumor explosion means and why it happened

So, what made this incident go viral? It’s easy: the “Musk Effect.” His tweets have caused the prices of things like Bitcoin and Dogecoin to go up in the past. The thought that he might support XRP was enough to make speculators rush.

The situation is also important. Ripple has won some legal battles against the SEC, and XRP is slowly becoming a topic of conversation in the crypto world again. The rumor seemed possible, especially since Elon Musk wants to turn X into an “everything app” that lets people pay with crypto.

But experts still say to be careful. Fact-checkers from Binance Square and Crypto Times have already shown that the claim is false. They are warning the community not to fall for another crypto echo chamber cycle. The Musk-XRP tweet is still a myth because there are no screenshots or blockchain logs.

It doesn’t matter if this was a social experiment, an AI hallucination, or just good old-fashioned hype; one thing is clear: crypto Twitter needs more receipts and fewer retweets.

Also read:

  • SEC Hits Pause on Dogecoin and HBAR ETFs Again
  • Bitcoin-Backed STRD Rockets on Nasdaq
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