Speculation in a risk-off environment can cut both ways.
At the moment, Ripple is the focal point of wild speculation. A post on X suggested that Evernorth, an $XRP treasury company, may purchase $655 million worth of $XRP next week. The social media post went viral, sparking market activity.
Bulls welcomed the news as a possible catalyst for an $XRP rally in November, while skeptics argued that it was simply unsubstantiated rumor that could mislead the market.
