MoonPay, a prominent crypto trading and payment platform, has elicited community reactions after posting a purchase of 589 XRP tokens.
The platform shared a picture showing where it processed a transaction involving a 589 XRP purchase. It showed the option to buy the tokens with Apple Pay, which was symbolic, as Apple and Google Pay recently enabled direct XRP purchases across 40 countries.
But There Is a Catch
However, what many saw as a regular tweet seemed to have a deeper meaning, especially for the XRP community. The tweet drew reactions about why exactly MoonPay chose the 589 XRP figure, with an attached emoji further fueling curiosity.
MoonPay’s Post of 589 XRP
Reactions centered on the 589 XRP rather than the Apple Pay, with users calling it the “magic number.” Several other responses made claims of an XRP moonshot to $589 per coin, while some others welcomed MoonPay to the XRP Army.
Remarkably, a similar event occurred for Solana a few days ago. The official X handle of the Solana ecosystem posted a cryptic “589” message, attracting its highest-ever engagement on the platform.
The tweet received over 4.3 million views and strong engagement from the XRP community. Enthusiasts claimed this suggested a possible partnership between XRP and Solana, possibly involving the RLUSD stablecoin. Some others noted it was Solana trolling XRP or just a market stunt to attract the strongest crypto community on X.
The “589” Figure Is Symbolic
Remarkably, the reactions are understandable, as 589 has long been recognized within the XRP community. The figure has its roots in a 2018 reference by cartoonist and XRP proponent Bearableguy123. It represented bold, ambitious price predictions for XRP, with most discussion centered around XRP reaching $589 per coin.
Interestingly, Ripple CEO Brad Garlinghouse also seems to recognize this “589” figure. Specifically, his X account has had a following cap of 589 for years.
Notably, financial expert Linda P. Jones had also highlighted a new perspective. An analysis identified that the ISO 4217, which is the official list of recognized currencies globally, has the number 589 unassigned. The narrative speculates that there could be an alignment to fill that gap in the future with XRP or RLUSD, giving the ecosystem an unprecedented regulatory recognition for a digital asset.
Conclusively, the MoonPay 589 XRP post might be a ploy to attract the same level of community attention as Solana did.
