Rumors linking Apple to an enormous XRP buy are circulating quickly via the cryptocurrency neighborhood. A submit on X claims that Apple is about to announce a billion-dollar purchase of the digital asset, and the declare instantly captures consideration on-line. However whereas some merchants present pleasure, one well-known XRP supporter pushes again in opposition to the story. 

XRP Influencer Dismisses Apple’s $1.5 Billion Purchase Declare

The declare about Apple spending billions on XRP will get a pointy response from XRP influencer Cobb, who may be very energetic on X. Quoting the rumor, Cobb writes, “Are the ‘rumors’ within the room with us proper now?” His remark mocks the story, evaluating it to seeing ghosts, and factors out that there’s nothing substantial to help the declare.

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For a few years, Apple averted crypto fully and even positioned restrictions on iOS that blocked in-app purchases involving digital tokens. These limits have been solely lifted by Apple earlier this yr. On the similar time, some within the business noticed that as a bullish signal. Nevertheless, lifting restrictions may be very completely different from making a $1.5 billion purchase of a single coin.

The influencer’s response additionally means that if Apple have been to enter the crypto market, XRP may not be its first alternative. Bitcoin, with its trillion-dollar market worth, or Ethereum, with its large function in decentralized functions, would make way more sense for a corporation like Apple. Each property are broadly utilized by firms and even governments, in contrast to XRP, which stays tied extra carefully to its personal neighborhood.

By dismissing the rumor in such a direct method, Cobb reveals how cautious even robust supporters of XRP could be when confronted with daring however unverified claims.

Rumor Of Apple’s XRP Purchase Circulates On X

The rumor itself begins with a tweet from Dominus XRP Syndicate, an account with greater than 45,000 followers. Within the submit, the consumer claims, “Robust rumors are circulating that Apple could possibly be asserting a $1.5B $XRP buy as we speak.” The scale of the account’s following helps the message unfold shortly, drawing quick consideration within the XRP neighborhood.

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Nevertheless, because the dialog progresses, the shortage of affirmation turns into obvious. Apple has by no means proven any public curiosity in making such a big, speculative purchase, and the corporate has a status for being very cautious with massive monetary strikes, displaying little signal of embracing digital property in such a direct method. 

The thought of one of many world’s most dear firms holding XRP excites merchants, regardless that nothing official helps the declare. With no assertion from Apple itself, the declare stays nothing greater than hypothesis on social media. Though it has eliminated previous restrictions on crypto, a billion-dollar XRP purchase appears extremely unlikely with out clear proof.

Featured picture from DALL.E, chart from TradingView.com