Speculation Rises Around XRP After MoonPay Purchase and Cboe Greenlight for New Spot ETF

XRP is going through the week under a renewed wave of speculation as two separate developments, a MoonPay purchase that revived a long-running community meme and the Cboe approval of a new spot ETF, pushed the token back into the spotlight. Related Reading: More Eurozone Countries Will Buy Bitcoin, Says Coinbase’s Institutional Chief Together, these events have fueled debate about whether XRP is on the cusp of new institutional momentum or simply caught in another cycle of community-driven enthusiasm. XRP’s price trends to the downside on the daily chart. Source: XRPUSD on Tradingview Community Signals Collide With Market Memes A routine Apple Pay purchase posted by MoonPay, showing a buy of exactly 589 XRP, triggered renewed excitement across XRP circles. The figure “589” has carried symbolic weight since 2018, when an anonymous user promoted the number as a future price target. Its reappearance, coming shortly after the Solana Foundation also posted “589” without context, set off wid