thecryptobasic.com
Amid the escalating feud between Elon Musk and President Donald Trump, influential $XRP community voices are speculating about what could happen next and how it might benefit $XRP.
In a tweet, Joshua Dalton, founder of TRIBLU, argued that Elon Musk may adopt $XRP as the cornerstone of X’s upcoming payment ecosystem, X Money. Dalton even claimed that Musk “will do anything” to position $XRP as the chosen currency on the platform.
He suggested this move could unfold as the Trump family’s crypto venture, World Liberty Financial, which has invested heavily in $BTC, faces potential collapse.
The post directly tags Ripple, Musk, President Trump, and his sons Eric Trump and Donald Trump Jr., framing a dramatic narrative of crypto rivalry.
Trump vs Musk Fallout Reaches the Crypto Market
Notably, the Trump family has long supported Bitcoin while showing little interest in $XRP. Until recently, Musk and Trump maintained a cordial relationship. However, that changed dramatically this week after Musk publicly criticized Trump’s spending bill in a June 4 post, warning of serious economic risks.
Trump fired back, threatening to revoke Musk’s government contracts and subsidies. In response, Tesla’s stock plummeted, erasing $150 billion in market value.
The crypto market followed suit. Bitcoin tumbled over 6% to a low of $100,400 before a modest recovery to $102,000 at press time. $XRP also suffered losses, though Dalton and others believe this situation could present a long-term opportunity for $XRP.
Could $XRP Gain an Edge?
Meanwhile, Dalton’s claim that Musk might champion $XRP at the expense of Bitcoin takes inspiration from historical development. Specifically, Musk has a history of criticizing Bitcoin for its energy use and vulnerability to centralized mining operations. This contributed to his decision to discontinue accepting $BTC in exchange for Tesla’s electric cars in 2021.
In contrast, $XRP is designed for efficient cross-border transactions and boasts faster, cheaper settlements. These characteristics could make it a viable choice for Musk’s vision of an “everything app.”
The $XRP Ledger’s focus on efficient value transfer aligns with what X Money aims to offer when it launches later in 2025. While Musk has frequently promoted Dogecoin, many in the $XRP community argue that $XRP’s real-world utility gives it a stronger case for serious integration.
In October 2024, Elon Musk publicly mentioned $XRP for the first time in a viral Crypto Twitter video. Asked about $XRP’s potential role in the global financial system amid SEC scrutiny, Musk said cryptocurrencies, including $XRP, can counter centralized control and promote individual freedom. Meanwhile, he clarified his remarks were “not an endorsement or lack of endorsement” of $XRP.
Overall, as the Musk–Trump feud intensifies, some believe $XRP could emerge with an unexpected advantage.