XRP trades at $2.08 after dropping 5% over the past seven days and declining 18.3% across the last 30 days. The market tracks heavy volatility, yet a single number captured more attention than the price. MoonPay posted an image showing a purchase screenshot of exactly 589 XRP with Apple Pay. The update triggered a wave of reactions across the community, and the number raised immediate questions about intent and meaning.
The purchase amount appeared simple at first glance. However, the number 589 holds deep significance for XRP holders. The post contained an emoji that strengthened speculation, and the community treated the moment as more than a routine transaction.
Conversations shifted toward why MoonPay chose that figure, especially after recent integrations that allow direct XRP purchases through Apple Pay and Google Pay in multiple countries.
Commentary across X focused on the number rather than the payment method. Many users labeled it the “magic number,” while others revived the long-standing narrative of XRP reaching $589 per coin. Some accounts even welcomed MoonPay to what they call the “XRP Army.”
A similar moment surfaced just days earlier when Solana’s official X account posted the number “589” with no explanation. That post drew more than 4.3 million views and created unusual engagement between the XRP and Solana communities. Market watchers questioned whether Solana teased a possible connection involving Ripple’s RLUSD stablecoin. Others suspected Solana attempted to attract XRP’s highly active audience.
Source: X
This sudden resurgence of the 589 meme raised broader questions. Why does a number from 2018 still carry such influence?
A Meme With Deep Origins in XRP Culture
The 589 symbol began more than six years ago when an anonymous figure known as Bearableguy123 posted an illustration that referenced a dramatic price target for XRP. That image spread quickly through forums, YouTube channels, and X discussions. It transformed into a cultural marker of extreme long-term optimism within the community.
The number eventually turned into an inside joke, a dream scenario, and a symbol of unwavering belief in XRP’s potential utility. Several blockchain commentators say this culture developed because of the token’s unusual mix of institutional ambition, legal milestones, and historical volatility.
Ripple CEO Brad Garlinghouse added to the mystery by keeping his X following count fixed at 589 for years. Analysts noticed the number’s appearance in other conversations, including one observation by financial expert Linda P. Jones, who noted that ISO 4217 leaves the number 589 unassigned on its official currency list. That discovery inspired speculation about whether a future digital asset or stablecoin might eventually occupy that slot.
The cultural lore remains strong, even as the market environment shifts. This raises a natural question: How seriously do analysts treat the number today?
Debate Continues Over Hyper-Bullish Price Targets
Community discussions often involve dramatic price forecasts. Market commentator Crypto Bitlord revived the 589 target in new remarks, arguing that predictions such as $6 per coin do not reflect XRP’s full potential. He claimed that those who reject three-figure valuations limit their vision, especially during bullish market conditions.
Yet not all analysts agree. Late last year, Tony Edwards dismissed the 589 prediction as unrealistic, calling the idea a fantasy. Some traders echo this view and challenge the feasibility of three-figure outcomes.
The contrast between aspirational forecasts and conservative expectations continues to define the XRP debate. Market sentiment evolves quickly, and discussions around extreme long-term valuations often intensify when the token shows strong performance. The recent surge in engagement after MoonPay’s post shows how deeply the 589 symbol remains embedded in XRP’s community identity.
Source: https://coinpaper.com/13008/moon-pay-shows-589-xrp-purchase-on-apple-pay-is-this-the-signal-xrp-holders-have-waited-for
