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Home»Analysis»“XRP to Hit $589”: How a Fake Simpsons Screenshot Fooled Ripple Bulls
Analysis

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

2022-10-23No Comments3 Mins Read
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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 known for predicting a number of notable world occasions within the present’s universe earlier than they’d finally occur in the actual world.
  • The picture dates again to 2020, however by no means appeared on the FOX animated sequence.

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

Ripple Bulls Get Bamboozled

A pretend Simpsons screenshot has tricked unassuming Ripple traders. 

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. Nevertheless, 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 instances all through its 34 seasons for seemingly predicting main world occasions. Notable forecasts embrace the election of Donald Trump as U.S. President in 2016 and the acquisition of twentieth Century Fox by Disney in 2017. Nevertheless, 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 truly aired firstly of any of the present’s 729 episodes. 

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

See also  Crypto Volatility Has Disappeared. Does That Mean the Bottom Is In?  

Coincidentally, The Simpsons did create an episode devoted to cryptocurrency across the identical 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 include a chalkboard sequence the place Bart makes an XRP worth prediction. 

Ripple Labs and its XRP token have dominated headlines throughout the crypto area this week, because of new developments within the Securities and Alternate Fee’s case in opposition to the corporate. Each Ripple and the SEC have referred to as for a abstract judgment, that means that the case is not going to go to court docket and can as an alternative 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. Nevertheless, the token has since retraced most of its beneficial properties, possible as a result of worsening macroeconomic state of affairs affecting threat property equivalent to cryptocurrencies. 

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

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Bulls Fake Fooled hit Ripple Screenshot Simpsons XRP
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