Cryptocurrency

Another Glitch Sends XRP Beyond $10,000,000 On Major Exchanges

A recent post by prominent personality JackTheRippler (@RippleXrpie) on X has caused a stir within the XRP community. JackTheRippler shared an image showing an apparent glitch where the digital asset traded at over $10 million on several exchanges. This is an unbelievable price compared to XRP’s current price, which hovers around $0.62.

The post has reignited a familiar debate within the XRP community. The digital asset has experienced numerous glitches. Glitches often lead to a surge in excitement among XRP holders, as many believe they have a deeper meaning. The belief is that these glitches foreshadow a significant price increase, potentially reaching the levels displayed in the glitch.

Source: @RippleXrpie/X

Following JackTheRippler’s post, some members of the community echoed this sentiment. One user directly inquired whether the glitch was a sign of planned developments for XRP, implying the glitch offered a glimpse into XRP’s future value, or whether the Glitch was just a technical error.

The True Meaning of this Glitch

Despite the excitement, a growing sense of fatigue is emerging within the XRP community regarding these repeated glitch posts. JackTheRippler has been particularly active in sharing such content, sharing a recent one on July 14. This frequency has led some to question his motives.

One user commented that they understood the potential marketing strategy behind the posts but felt compelled to unfollow JackTheRippler due to a lack of transparency. The user further highlighted that JackTheRippler had deleted a previous post where the glitch was identified as being from 2020, not a recent event.

This revelation has cast doubt on the legitimacy of JackTheRippler’s post and raises concerns about the spread of misinformation within the XRP community. While some users remain optimistic and view the glitches as potential indicators of future growth, others are becoming increasingly wary of such claims, particularly when presented without proper context.

The incident highlights the challenges associated with navigating the cryptocurrency space, where information can be disseminated rapidly and factual accuracy is not always guaranteed.

A prominent example of this is the rumor of an XRP ETF filing from late 2023 which turned out to be false. Although the community quickly discovered this was false, XRP experienced a major surge and fell back immediately.

It remains to be seen whether the XRP community will continue to be swayed by these glitch posts or if a more discerning approach will take hold. JackTheRippler has yet to respond to these claims or address his reason for passing off the old glitch as a new one.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.


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Tobi Loba

Tobi Loba is a passionate writer with a vast interest in the stock market. She joined the crypto ecosystem about three years ago and has written lots of ebooks and articles in relation to cryptocurrency and blockchain projects. Tobi Loba earned her degree at the University of Ibadan.

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