Ripple and Elon Musk, two titans always surrounded by controversy, have once again taken center stage together in what seems like bold claims. In a recent tweet, an X user has come forward with claims that Musk is closely tied with Ripple.
Elon Musk is active in the political sphere unlike ever before as he feels the freedom of the citizens hangs in the balance with the 2024 U.S Presidential elections. During the Pennsylvania Rally, Musk finally addressed crowd questions regarding XRP sending the XRP Army into a frenzy.
The Ripple Holding
With the entire crypto industry glued to their screens for updates on the XRP vs. SEC case and the U.S. political drama, Elon Musk has come forward as the “Knight in Shining Armor” for cryptocurrencies as a whole.
Musk has previously been vocal in his support for DOGE and hasn’t shied away from posting the lovable mutt on his socials. His love for DOGE has also landed him in trouble, with the community filing a legal case against Tech Mogul with the charges of market manipulation.
This time around Ripple and Musk are coming together after the blazing Pennsylvania address.
Elon Musk Bought 17 Million XRP in 2013 pic.twitter.com/Pd27hhj4RT
— Stellar Ripple (@xrpxlmxdc1) October 23, 2024
An X-user “Stellar Ripple” has come forward with claims that Elon Musk is closely associated with Ripple dating back to 2013. The post also claims that Elon Musk holds over 17 Million XRP, granting the tech mogul an XRP Whale status.
However, there is no solid evidence backing the claims of the Stellar Ripple. It is unsure about the exact number of tokens currently in the possession of Elon Musk. But if there is any grain of salt in the tall claims made by the user, it is safe to assume Musk has only fortified his holdings and accumulated more in the last decade.
XRP 24 Hours Chart (Source: CoinGecko)
Currently, Ripple is priced at $0.5149, dropping a meager 0.3% in the 24-hour chart. However, the community is rallying at the fact that XRP is stable above the $0.05100 level, giving signals for a recovery in the coming days.
