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
MoonPay’s Post of 589 XRPReactions 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.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
XRP Today’s News: XRPL Develops Zero-Knowledge Proofs, $1.50 Becomes a Key Support and Resistance Level
XRP Ledger is developing zero-knowledge proof (ZKP) technology to enable selective privacy protection. Meanwhile, the ledger will support confidential tokens while balancing transparency and compliance. XRP is currently trading at $1.46, and in the short term needs to break through the key resistance of $1.50 to push higher toward more elevated targets.
MarketWhisper2h ago
XRP (XRP) increased by 8.47% in the past 24 hours
Gate News reports that on March 17, according to Gate's market data, as of press time, XRP is trading at $1.56, up 8.47% in the past 24 hours, reaching a high of $1.57 and a low of $1.37. The 24-hour trading volume has reached $4.425 billion. The current market capitalization is approximately $95.776 billion, an increase of $7.476 billion compared to yesterday.
XRP Ledger (XRPL) is a decentralized public blockchain led by a global community of enterprises and developers, dedicated to solving problems and creating value. XRPL has been proven to operate reliably for over ten years with a flawless record, offering developers a streamlined development experience, low transaction costs, high performance, and sustainability. The blockchain has high-performance transaction processing capabilities, capable of completing thousands of transactions within seconds.
GateNews3h ago
The US XRP spot ETF experienced net outflows of $5.9786 million yesterday.
On March 16th, the US XRP spot ETF experienced net outflows of $5.9786 million, primarily caused by 21Shares XRP ETF, with historical cumulative net inflows of -$23.8680 million. Currently, the total assets under management of XRP spot ETF stands at $1.071 billion.
GateNews3h ago
XRP Transfers Soar 300%: Institutions Move On-Chain
In a recent video, Nick from NCash contemplated that 2026 marks a turning point for XRP and the broader digital asset market, claiming “everything has changed” as speculative trading gives way to institutional infrastructure.
The centerpiece of the thesis: XRP Ledger (XRPL) transactions have
DailyCoin3h ago
