The Simpsons predicted XRP to hit $589: Has the show got it right again?

Did the animated TV show predict a breakout for the XRP cryptocurrency?

By Capital.com Research Team18 hours ago

Bart writing “XRP to hit $589+ by EOY” on a chalkboard — XRP is surging as its court case with the SEC nears an end – Photo: The Simpsons

The Simpsons cartoon sitcom has become known for its sometimes accurate predictions, whether it was Donald Trump’s (first) presidency, a Nobel Prize winner, or Olympic results.

Bullish XRP traders are now hoping that another one of its apparent forecasts could come true. A widely circulated chalkboard gag, attributed to the series but not featured in any official episode, seemingly predicted that the XRP cryptocurrency would surpass $589.

With Trump back in the White House, there’s been a breakout for XRP and some very optimistic traders are hoping it could hit this level.

Did The Simpsons make an XRP price prediction?

A viral image from ‘Frinkcoin’ – an episode of The Simpsons that aired in February 2020 – appears to make a bullish prediction for the ripple cryptocurrency. The intro shot shows Bart writing on the chalkboard: ‘XRP to hit $589+ by EOY’. However, this has been debunked as a clever fabrication, as the prediction never actually appeared in any episode of the series.

The end-of-year prediction didn’t come to fruition, as the XRP closing price was $0.2198 on 31 December 2020. But XRP’s price increased in the months following the 2024 US presidential election, and as of January 23, 2025, XRP is trading at $3.14 – a significant increase over its pre-election valuations.

This surge may be attributed to several factors, including a favourable legal outcome for Ripple Labs in their case against the SEC and the anticipation of a more crypto-friendly regulatory environment under the new US administration.

At the time of writing on 24 January 2025, XRP is 36.17% up over the past month and 519.10% up over the past 365 days, but 5.03% down over the past week.

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The Simpsons’ crypto history

A possible reference to crypto first appeared in the TV show back in 1997. This was more than a decade before the launch of bitcoin (BTC), the first ever cryptocurrency.

The episode showed characters Homer and Marge on a date outside a place titled ‘crypto barn’, which featured code-related signs outside.

While this did not specifically reference any assets, The Simpsons has explicitly discussed the crypto industry on the show more recently. In season 31, Lisa received a lesson about cryptocurrencies.

What are the latest XRP price predictions from analysts?

As of 23 January 2025, analysts remain divided on where XRP might head in 2025, reflecting the inherent volatility of cryptocurrency markets.

Trading Economics forecasts a bearish outlook, projecting XRP to fall to $1.87 by the end of Q1 2025, and further down to $1.31 in 2026. Benzinga offers a similar view, predicting an average XRP price of $1.96 for 2025, dipping to $1.05 in 2026 before recovering slightly to $2.18 by 2028.

In contrast, AMBCrypto takes a more optimistic stance, predicting a steady rise with an average price of $2.85 in 2025, climbing to $4.76 by 2028. Coincodex aligns with this sentiment, forecasting an average of $3.63 in 2025 and projecting further growth to $7.08 by 2029.

Discover XRP price targets for 2025 and beyond

Read our comprehensive, third-party analysts’ ripple (XRP) predictions guide.

FAQs

Did The Simpsons really predict XRP would hit $589?

No, this claim is based on a fabricated image that has been widely circulated online. The viral chalkboard shot of Bart Simpson writing ‘XRP to hit $589+ by EOY’ never actually appeared in any episode of The Simpsons. While the show has made some eerily accurate predictions in the past, this one is purely fictional.

Why did XRP’s price rise in early 2025?

XRP’s recent surge can be attributed to a favourable court ruling in the long-standing Ripple vs SEC lawsuit, which has created renewed optimism among traders. Additionally, a shift toward a more crypto-friendly regulatory environment under the new US administration has helped boost confidence in XRP and the wider cryptocurrency market. As of 23 January 2025, XRP is trading at $3.14, a dramatic increase compared to previous years.

Is $589 a realistic price target for XRP?

While $589 remains a speculative and extremely bullish target, most analysts consider it highly unlikely given the current market dynamics and XRP's existing market capitalisation. Even optimistic predictions for 2025, such as those from Coincodex, forecast XRP to average around $3.63 – far below the $589 mark. It's crucial to approach such lofty predictions with caution and rely on realistic data from reputable sources.

Should I invest in XRP now?

Cryptocurrencies are inherently volatile, and investing in them carries a high level of potential reward as well as risk. While XRP has experienced significant growth recently, analysts are divided on its future prospects. Some predict continued gains, while others expect a downturn. Always conduct thorough research, diversify your investments, and never risk more than you can afford to lose. Past performance is not indicative of future results.