Analysis

“XRP to Hit $589”: How a Fake 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 just isn’t genuine.
  • The Simpsons is legendary for predicting a number of notable world occasions within the present’s universe earlier than they might ultimately occur in the actual world.
  • The picture dates again to 2020, however by no means appeared on the FOX animated collection.

Share this text

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

Ripple Bulls Get Bamboozled

A pretend Simpsons screenshot has tricked unassuming Ripple buyers. 

A nonetheless picture displaying 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 outlets, YouTube videos, and Reddit posts have incorrectly cited the pretend screenshot as one other of the present’s well-known predictions. 

The pretend 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, the truth is, an edited screenshot and by no means really aired at the start of any of the present’s 729 episodes. 

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

Coincidentally, The Simpsons did create an episode devoted to cryptocurrency across the similar time because the pretend 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 Change Fee’s case towards the corporate. Each Ripple and the SEC have known as for a abstract judgment, which means that the case is not going to go to court docket and can as an alternative be determined by its choose 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 state of affairs affecting danger belongings reminiscent of cryptocurrencies. 

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

Share this text

Subscribe to our mailing list to receive new updates and special offers

We don’t spam! Read our [link]privacy policy[/link] for more info.

Leave a Reply

Your email address will not be published.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

Back to top button
You have not selected any currencies to display