June 6, 2025

XRP Inches Toward $3 While Community Fixates on “589” and Ripple’s Expanding Influence

5 min read

A new wave of speculation is pulsing through the XRP community after Ripple’s $1.25 billion acquisition of Hidden Road was linked to an address at 589 5th Avenue — a number that has long held symbolic weight among XRP holders. Originally stemming from a viral but fictional Simpsons meme, “589” has evolved into a meme-turned-manifesto, often viewed by the community as a future XRP price target or an omen of major events. The resurfacing of this number has reignited chatter online. Digital asset researcher Anders flagged the 589 connection in a tweet, prompting a response from prominent trader Cobb, who added, “Just too many coincidences with Ripple and XRP man, it’s driving me crazy.” Cobb has also previously used numerology-based speculation to link 589 to a rumored Ripple-Circle deal, adding further mystique to the number’s reappearance. While no direct correlation between the number and XRP’s actual price is confirmed, the symbolism remains potent in community culture—especially when events like acquisitions seem to reinforce it. EGRAG CRYPTO Charts Bullish Roadmap: $3 Then $24? Beyond the numerology, XRP’s technical setup is looking increasingly bullish. Analyst EGRAG CRYPTO highlighted a developing double bottom pattern on the 3-day chart, with a crucial support level at $2.07 holding firm. A breakout above $2.30, coupled with a close above the 21-day EMA, would confirm the bullish reversal. Near-term upside targets are set at $2.50, $2.65, and possibly $3.00, according to EGRAG’s projection. The more speculative target? $24 — a level supported by Fibonacci extensions and wave count models. While this long-term prediction hinges on continued bullish momentum and favorable market conditions, XRP currently trades around $2.18, keeping the setup within striking range. Ripple vs. Bitcoin Maxis: Political Heat and Policy Tensions Meanwhile, Ripple is back in the spotlight—not just in markets, but in Washington. CEO Brad Garlinghouse used his appearance at XRP Las Vegas to address rising tensions with Bitcoin supporters, after U.S. Senator Cynthia Lummis declined a meeting with Ripple amid her pro-Bitcoin stance as chair of the Digital Assets Subcommittee. Garlinghouse called for unity: “Rewriting the entire banking system… we underestimate how big that change is.” His plea comes as Ripple faces backlash for donating the controversial “Skull of Satoshi” artwork to a Bitcoin museum, a piece many Bitcoin advocates see as anti-mining propaganda. Critics argue it adds fuel to the ongoing tribalism between BTC and XRP camps. Garlinghouse countered by stating that success in crypto must be collaborative, not competitive. Ripple (XRP) Short-Term Price Outlook: Symbolism, Structure, and Speculation Converge Source: TradingView In the past week, XRP’s price has dropped by 5.19%, trading between $2.05 and $2.33. Over the last month, the change is minimal at 0.13%, showing relative stability. However, over six months, XRP has declined by 7.26%, indicating a downward trend in the longer term. The simple moving averages reflect steady pricing, with the 10-day average at $2.20 and the 100-day average at $2.17. Technical indicators like the Relative Strength Index at 53.57 and the Stochastic at 49.08 point to a neutral market momentum. With XRP consolidating above $2.07, the technical outlook remains intact. The return of “589” symbolism, Ripple’s strategic acquisitions, and heightened involvement in regulatory discourse have all converged to form one of the most intriguing narratives in the crypto market today. Whether XRP can push toward $3 — or eventually challenge wild community targets like $24 — depends on a combination of market momentum, regulatory clarity, and Ripple’s expanding ecosystem influence. While XRP Eyes $3 and Fights Policy Backlash, XYZVerse Captures Meme Coin Momentum With Bullish Community Backing As XRP navigates a complex environment of technical setups and political friction, momentum is slowly building. Analysts like EGRAG CRYPTO foresee a bullish breakout above $2.30, targeting $3 and beyond — while Ripple battles renewed scrutiny over its stance in crypto politics, including tensions with pro-Bitcoin legislators and controversial art donations. But as XRP struggles to unify sentiment across sectors, another project is emerging with cleaner momentum and community conviction: XYZVerse — the sports-fueled meme coin now charging through its presale phase with powerful grassroots support. XYZVerse: The Meme Coin That’s Not Playing Games Built on Polygon and targeting the massive global fandom behind football, MMA, esports, and gambling markets, XYZVerse positions itself as the first all-sports meme coin — combining the virality of memecoins with the utility of play-to-earn and prediction market features. The project is currently in Stage 12 of 15 in its presale, with a price of $0.003333 and a hard cap of $30 million. Once the target is reached, $XYZ is set to launch at $0.10, representing a 30x gain for early buyers. Deflationary mechanics will burn over 17 billion tokens from the total supply of 100 billion — a rarity among meme coins. Strong Community Backing and CMC Recognition That optimism is echoed across social media. Influencer DanjoCapitalMaster (with nearly 800K followers) recently called XYZVerse a “moonshot opportunity” — a sentiment that’s quickly spreading across X and Telegram. This positive traction is part of a broader campaign that avoids VC interference and prioritizes a 100% community-powered growth model, positioning XYZ as both grassroots and scalable. Security, Scalability, and Serious Roadmap Security and transparency have been prioritized: Smart contract audit by Pessimistic KYC verified by SolidProof Over $2.5M revenue already generated by live products Telegram-integrated games already live Targeted Tier-1 exchange listings post-launch Beyond listing, XYZVerse has a detailed roadmap including staking, celebrity partnerships, and additional gamified dApps — signaling a long-term ecosystem vision rather than a quick-flip meme play. Could XYZ Hit $1 in 2025? From a price action standpoint, a path to $1 would require a 10x gain post-listing — a move not unheard of in meme coin cycles. With a deflationary supply, existing user base, gamified utility, and major exchange listings on the horizon, XYZVerse has all the fundamentals to challenge meme coin conventions. Especially if bullish market conditions return, and XYZVerse maintains its current trajectory, it could be a standout candidate for 2025’s breakout token. Airdrops, Rewards, and More — Join XYZVerse to Unlock All the Benefits Bottom Line While XRP juggles bullish setups and policy tensions, XYZVerse is building fast and clean, leveraging meme culture, real sports utility, and deflationary tokenomics. With strong presale performance, smart partnerships, and growing community hype, $XYZ isn’t just another meme coin — it’s shaping up to be the next major contender in the memecoin arena. You can find more information about XYZVerse (XYZ) here: https://xyzverse.io/ , https://t.me/xyzverse , https://x.com/xyz_verse Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

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