Analysis

“XRP to Hit $589”: How a Pretend Simpsons Screenshot Fooled Ripple Bulls

Key Takeaways

  • A viral picture of Bart Simpson “predicting” XRP’s future worth motion is making the rounds on social media, however the picture isn’t genuine.
  • The Simpsons is legendary for predicting a number of notable world occasions within the present’s universe earlier than they might finally occur in the true world.
  • The picture dates again to 2020, however by no means appeared on the FOX animated sequence.

Though the Simpsons writers devoted an episode to cryptocurrency in 2020, the XRP worth prediction doesn’t truly exist. 

Ripple Bulls Get Bamboozled

A faux Simpsons screenshot has tricked unassuming Ripple traders. 

A nonetheless picture exhibiting Bart Simpson scrawling “XRP to hit $589+ by EOY” on his college’s chalkboard began making the rounds once more on social media this week. Nonetheless, these sharing the image have did not confirm its authenticity. A number of crypto media shops, YouTube movies, and Reddit posts have incorrectly cited the faux screenshot as one other of the present’s well-known predictions. 

The faux XRP prediction screenshot. (Supply: @xrpspeculation)

The Simpsons has made headlines a number of occasions all through its 34 seasons for seemingly predicting main world occasions. Notable forecasts embody the election of Donald Trump as U.S. President in 2016 and the acquisition of twentieth Century Fox by Disney in 2017. Nonetheless, though the Bart chalkboard sequence is a mainstay of the present’s opening credit, the XRP prediction is, in actual fact, an edited screenshot and by no means truly aired firstly of any of the present’s 729 episodes. 

The faux screenshot dates again to 2020, when a YouTube channel known as “XRP discuss and hypothesis” used it in a video thumbnail. Over a 12 months later, the XRP discuss and hypothesis Twitter account admitted that that they had created the screenshot particularly for one in all their movies. Nonetheless, it seems the tweet went largely unnoticed, permitting the misinformation surrounding the faux picture to unfold.

Coincidentally, The Simpsons did create an episode devoted to cryptocurrency across the identical time because the faux screenshot emerged. On February 23, 2020, “Frinkcoin” aired on the Fox community and focuses on one of many present’s long-standing characters Professor Frink creating his personal cryptocurrency. Regardless of the crypto connection, the opening credit of that episode don’t comprise a chalkboard sequence the place Bart makes an XRP worth prediction. 

Ripple Labs and its XRP token have dominated headlines throughout the crypto house this week, due to new developments within the Securities and Trade Fee’s case in opposition to the corporate. Each Ripple and the SEC have known as for a abstract judgment, that means that the case won’t go to courtroom and can as a substitute be determined by its decide Analisa Torres. Ripple CEO Brad Garlinghouse additionally appeared on Fox Enterprise, calling the regulator “cuckoo for cocoa puffs” and indicating his perception that Ripple would win the case.  

In response, the XRP token soared greater than 50%, revealing that the market shares Garlinghouse’s perception in a win for Ripple. Nonetheless, the token has since retraced most of its beneficial properties, possible as a result of worsening macroeconomic scenario affecting danger property akin to cryptocurrencies. 

A choice on whether or not Ripple’s 2018 XRP token sale was an unregistered securities providing is predicted by mid-December. 

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
bitcoin
Bitcoin (BTC) $ 17,017.75
ethereum
Ethereum (ETH) $ 1,260.10
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 290.56
usd-coin
USD Coin (USDC) $ 1.00
binance-usd
Binance USD (BUSD) $ 1.00
xrp
XRP (XRP) $ 0.391955
dogecoin
Dogecoin (DOGE) $ 0.104314
cardano
Cardano (ADA) $ 0.321183
matic-network
Polygon (MATIC) $ 0.912168