CNBC’s Hilarious XRP Price Blunder: Did We Just Discover a New Currency?

by

In a most curious turn of events, like a character out of a farcical play, XRP was momentarily elevated to the lofty heights of $126 during a broadcast of CNBC’s “Crypto World.” Alas, dear reader, this was merely a slip in the ticker, a whimsical error which had inadvertently borrowed the price of Solana, thus rekindling the age-old tales of XRP’s “ghost prints,” while in reality, it was naught but a fleeting digital mirage.

  • The esteemed CNBC program had the audacity to display XRP at a staggering $126.01-a figure that represents a rather extravagant 6,532% markup over its true value, which languished near the humble realm of $1.90.
  • Producers, not without a modicum of embarrassment, later clarified that this egregious mispricing was simply an unfortunate case of reusing Solana’s spot price-a rather cheeky error if one may say so.
  • This glitch adds yet another chapter to XRP’s storied history of “ghost prints,” coinciding with a surge in interest surrounding XRP ETFs, which now boast assets exceeding $1 billion.

During the segment aired on January 28, amidst discussions of the Senate Agriculture Committee’s deliberations on the structure of the crypto market, the ticker managed to show Bitcoin at $89,532-a figure reflecting a modest dip of 0.39%. Ethereum, too, was revealed to be trading at $2,996, nursing a slight weekly decline. Yet, when the camera panned to XRP, viewers were greeted with the bewildering graphic proclaiming “$126.01, -3.8% (7D),” a level that, according to astute observers, represented an astronomically inflated 6,532% increase from its actual price at the time.

This visual faux pas only served to stoke the fires of a fervent subculture among XRP aficionados who maintain that such “glitches” are omens of a hidden fair value awaiting acknowledgment. Yet, as TheCryptoBasic wryly notes, this episode was a mere display issue on the part of CNBC, akin to a jester’s mistake in a court of kings.

It is worth noting that on the very same day, the producers sheepishly admitted that they had mistakenly placed Solana’s value-hovering around $126-into the XRP slot. A most amusing blunder indeed!

This dramatic fluctuation occurs against the backdrop of a digital asset landscape that increasingly reflects the whims of macroeconomic risk appetite. Bitcoin, for instance, flits about the $82,792 mark, while Ethereum dances near $2,725. Meanwhile, XRP finds itself at approximately $1.76, having experienced a slight tumble of 6.3% over the previous day, amidst a trading volume of roughly $5.4 billion.

A History of XRP “Ghost Prints”

This mishap aligns perfectly within a long chronicle of XRP price anomalies. Recall, if you will, the April of 2023, when Bitrue’s futures market accidentally printed a price of $0.0001 for XRP, liquidating long positions before the order book corrected itself, leaving traders aghast. And who could forget November 2025, when Kraken displayed a bewildering low of $0.00272 during a period of low liquidity, even as the broader market still valued XRP around $2.18?

Upside spikes, too, have taken on an air of surrealism. TradingView once displayed XRP “near $9,864” back in May 2020, whilst the token was actually trading near $0.21-a veritable comedy of errors if there ever was one!

Subsequent data feed failures led to even greater absurdities: $161 million on CoinMarketCap and Coinbase in December 2021, $50 on Gemini in August 2023, a staggering $34,603 on CoinMarketCap that October, and $22.50 on Coinbase in August 2024, culminating in “more than $21,000 during a live TV broadcast” in March 2025. Such occurrences may be mere noise for derivatives desks, but they harmonize beautifully with the speculative fervor now enveloping XRP spot ETFs, as analysts forewarn that ETF demand could consume nearly 1% of circulating supply, building upon last December’s milestone, when XRP ETF assets first surpassed the $1 billion threshold.

Read More

2026-01-30 12:03