Dark Defender Presents the Math Behind $589 XRP Special Number

The XRP army believes that XRP could reach $589. A fresh rumor about Ripple acquiring Circle, the issuer of the world’s second-largest stablecoin, is giving the theory renewed attention.

Crypto analyst Dark Defender (@DefendDark) posted an image displaying the equation “5x8x9=360” with a direct message: “Ripple buys Circle. Circle is Complete.”

The Origin of $589

The $589 figure dates back to 2018. An anonymous figure known as bearableguy123 posted an illustration referencing the target. It spread quickly through crypto forums. The math behind it is Ripple’s ambitions in global cross-border settlement.

Over the years, the prediction took on a life of its own. It evolved from a price target into something closer to a community symbol, with some supporters attaching numerology and coded meaning to the figure. Intriguingly, Ripple CEO Brad Garlinghouse currently follows 589 people on X, adding to the speculation surrounding the price target.

Why It’s Back Now

XRP currently trades at $1.35. The gap between that price and $589 is significant. Yet the figure keeps returning, and the latest Ripple-Circle rumor has given it new life.

Ripple already operates RLUSD, its own dollar-pegged stablecoin. USDC, issued by Circle, is the second-largest stablecoin in the world with a market cap of $61.5 billion. An acquisition would give Ripple control of both assets simultaneously, vastly expanding its reach in global payments infrastructure.

Has Ripple Acquired Circle?

While Ripple and Circle have not debunked these rumors, many prominent voices in the XRP army have weighed in. BankXRP (@BankXRP) pushed back on the acquisition narrative, reminding the community that Ripple offered $5 billion for Circle in 2025. However, this bid was rejected.

Circle then went public on the NYSE under the ticker $CRCL, pricing its IPO at $31 per share. The stock hit an all-time high of $298.99 and currently trades around $113, giving the company a market cap above $28 billion. Acquiring Circle now costs significantly more than Ripple’s original offer.

What Circle Means for the $589 Target

Dark Defender’s post connects the acquisition narrative directly to the $589 thesis. If Ripple controls RLUSD and USDC, XRP’s role as a bridge asset grows substantially. The original $589 model assumed deep institutional integration. A Circle acquisition accelerates that case.

While unconfirmed, tying the $589 target to Circle serves as a hint for many in the community, as cryptic hints and messages are common in crypto spaces.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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