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Ripple's David Schwartz dismisses XRP price rumors linked to social media memes.

Market News
22 Sep 2026, 12:13 WIB
UToday
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Neutral
Ripple's David Schwartz dismisses XRP price rumors linked to social media memes.

David Schwartz, Ripple's chief architect of the XRP Ledger, has publicly dismissed recent rumors among XRP investors that his social media posts contain secret market signals. The latest speculation was triggered by Schwartz posting a bagpipe GIF, a symbol tied to old XRP community myths predicting huge price surges. Schwartz clarified that such memes and jokes are not financial advice and warned investors against believing in unrealistic price predictions like XRP reaching $10,000. He emphasized that his social media activity is personal and humorous, not a guide for investment decisions, urging investors to be cautious and rely on rational market analysis instead.

XRP is trading at Rp27.635 with a 5.17% increase as of Sep 22, 2026 16:32 WIB on Pluang, showing strong buying interest with 65% of orders as Buys. This activity contrasts with the rumors dismissed by Ripple's chief architect, highlighting that despite social media chatter, XRP maintains solid market engagement. The typical hold time of 71 days suggests investors remain committed beyond short-term speculation.

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