Elon Musk ‘Will Do Something’ To Make XRP King, Tech Mogul Says – BitRss
In line with social media buzz, the rising conflict between Elon Musk and US President Donald Trump has despatched ripples by way of the crypto world. Musk’s public swipe at a latest spending invoice kicked issues off. Then got here Trump’s warning to yank Musk’s authorities contracts. It acquired messy quick. And now, some consider XRP ($2.19) may come out on prime.
Elon Musk-Trump Feud Spurs Crypto Speak
Musk took to Twitter on June 4 to slam what he known as reckless authorities spending. His publish warned of “severe financial dangers.” Not lengthy after, Trump fired again. He threatened to drag subsidies and contracts tied to Tesla. That response despatched Tesla’s inventory tumbling. Traders watched $150 billion in market worth vanish in a matter of hours.
Market Strikes And Value Swings
Based mostly on stories, Bitcoin slid greater than 5% following the information. It dropped to a low of $100,550 earlier than discovering a little bit of footing close to $102,400. XRP wasn’t spared both. It fell alongside different main cash, although the precise drop diversified throughout exchanges. Merchants noticed fast declines, then a modest rebound because the mud settled.
I consider @elonmusk will do something to make @Ripple $XRP as a selected one and apply it to @x whereas figuring out that @EricTrump, @DonaldJTrumpJr, and @realDonaldTrump will watch @worldlibertyfi and @bitcoin crashing in entrance of their eyes.
Proper, @elonmusk?
— Joshua Dalton (@J9Dalton) June 5, 2025
XRP Group Weighs In
Joshua Dalton, who based tech companies agency TRIBLU, stirred the pot with a daring declare. He instructed Musk would possibly select XRP as the principle forex for X’s upcoming cost system, X Cash. Dalton argued that Musk “will do something” to make XRP the go-to token.
He tagged Ripple, Musk, US President Trump, and Trump’s sons in a single publish. That transfer framed the drama as extra than simply politics—it turned a showdown of crypto loyalties.
Technical Match For X Cash
XRP supplies faster settlement and decreased charges than Bitcoin. In 2021, Musk suspended BTC ($105,573.00) funds for Tesla as a result of excessive vitality consumption and centralized mining considerations. That transfer proved he’s not afraid to alter course when a coin isn’t aligned together with his targets.
In October 2024, Musk even referenced XRP in a viral video. He spoke of crypto like XRP probably resisting central management, however he didn’t go as far as to make a full endorsement. With X Cash scheduled to roll out later in 2025, XRP’s structure for cross-border transfers may mirror what Musk is seeking to create.
Some analysts level out actual hurdles. Ripple nonetheless holds a big chunk of XRP, and US regulators are watching carefully. Any massive transfer would want authorized inexperienced lights and deep liquidity on exchanges. However for now, the concept of an “all the things app” powered by XRP retains popping up in crypto chats.
Featured picture from Shutterstock, chart from TradingView