🔥 Former Ripple Director: You Can’t Back XRP with Gold 🔥
$XRP Former Ripple Director Matt Hamilton just SHUT DOWN a wild claim that XRP could be backed by gold and hit $3,000 by 2026. 🚨
👉 The hype started when XRP influencer Baron Dominus declared XRP will be “gold-backed” and shoot up to $2,953 by Q1 2026. He even threw insane numbers like $10,000 – $35,000 per XRP 🤯 calling it part of a coming “financial shift.”
⚡ Reality check: XRP is trading around $2.80 today. That’s a leap too crazy for most to digest. Many dismissed it as “insane math.”
✨ Hamilton Responds:
“You can’t back XRP with gold. Sorry.”
He explained why: XRP has a fixed supply of 100B coins. Unlike fiat or gold-backed stablecoins, XRP can’t go brrrrr to match physical reserves. 💡
💎 Why XRP Doesn’t Need Gold
XRP value comes from demand, adoption, utility, ecosystem growth & speculation — NOT gold. Linking it to gold isn’t technically possible and won’t magically pump the price.
🏦 But Do Gold-Backed Cryptos Exist?
✅ Yes — but only as stablecoins. Example: Tether Gold (XAUT), each token tied to real gold in Swiss vaults.
June 2024: Tether launched aUSDT, backed by XAUT.
July 2025: Tether stored nearly 80 metric tons ($8B) of gold in Switzerland.
March 2025: Gold = 5% of Tether reserves, rivaling UBS holdings.
XAUT value: $941M with price mirroring gold at $3,818.40.
🚀 Bottom line: XRP ≠ Gold-backed. Don’t fall for wild moon-math predictions. Stay sharp. 💰
---
🔥 FOLLOW 👉 BE_MASTER BUY_SMART for Real Insights 💎
🚀 Don’t miss the next BIG MOVE!
💰 Be Master. Buy Smart. Stay Ahead.
