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2026

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<p style="text-align: justify">A recent post by Bird, a well-known analyst covering the XRP Ledger, has drawn attention to a familiar pattern involving David Schwartz, <a href="https://en.coin-turk.com/evernorth-to-list-656-million-in-xrp-reserves-as-xrpn/" rel="noopener noreferrer nofollow">Ripple</a>‘s Chief Technology Officer Emeritus. Bird compared two of Schwartz’s lighthearted social media posts with XRP’s historical price performance, encouraging traders to observe the timing closely.</p>
<h2 id="comparing-schwartz-s-jokes-to-xrp-price-moves">Comparing Schwartz’s jokes to XRP price moves</h2>
<p style="text-align: justify">Bird presented Schwartz’s recent and earlier comments side by side with a chart highlighting two key moments. The analysis indicated that both times Schwartz made a specific joke involving the term “shorts,” XRP’s price action had the opportunity to change direction. Green boxes on the chart marked these events, providing a visual guide for followers.</p>
<p style="text-align: justify">The phrase in Bird’s chart, “When David Schwartz last spoke about shorts,” frames the comparison. In January, Schwartz had shared a similar joke and XRP subsequently rallied. The analyst noted that Schwartz has now repeated the joke, coinciding once more with a period of intense scrutiny for the token.</p>
<blockquote>
 <p>When Schwartz previously joked about ‘shorts,’ XRP rallied in the days that followed. With the same joke resurfacing as XRP trades near $1.47, some traders see a possible repeat pattern.</p>
</blockquote>
<h2 id="schwartz-s-joke-and-the-community-s-response">Schwartz’s joke and the community’s response</h2>
<p style="text-align: justify">Schwartz recently posted on X, “My standard pickup line in college was, ‘I’m studying electrical engineering. Can I remove your shorts?’ It never worked.” The pun combines terminology from both electrical engineering and financial markets, which quickly caught the attention of the XRP community. Many traders related it to short positions currently open against the token.</p>
<p style="text-align: justify">The first instance of this joke came in January, when Schwartz used nearly identical wording. Following his comment, XRP spiked above $2.40. The chart shared by Bird emphasizes this event with a green highlight, while a second green box marks the present day, close to $1.47. These visual cues suggest to some that a similar rally could be possible, though opinions remain divided.</p>
<p style="text-align: justify;background: linear-gradient(135deg,#ffffff 0%,#fffdf9 100%);border:1px solid #f1e4d8;border-left:4px solid #F69434;padding:14px 16px;border-radius:12px;color:#1e293b;font-size:15px;line-height:1.7">Mini dictionary: XRP Ledger (XRPL) is a decentralized public blockchain that supports the XRP cryptocurrency and enables fast, low-cost transactions globally. Its consensus protocol does not rely on mining, making transactions more energy-efficient compared to some other blockchains.</p>
<table style="border:1px solid #f1e4d8;padding:8px">
 <thead>
  <tr>
   <th>Date of Schwartz’s Joke</th>
   <th>XRP Price After Joke</th>
   <th>Current Price (Jun 2026)</th>
   <th>Current Price Change (1d)</th>
  </tr>
 </thead>
 <tbody>
  <tr>
   <td>January 2026</td>
   <td>Rose to $2.40+</td>
   <td>$1.4729</td>
   <td>-2.89%</td>
  </tr>
 </tbody>
</table>
<h2 id="xrp-price-trends-and-trader-reactions">XRP price trends and trader reactions</h2>
<p style="text-align: justify">At the latest close, XRP stood at $1.4729, marking a daily drop of 2.89%. Despite occasional momentum since January, the token remains well below its peak of over $2.40 recorded earlier this year. This sustained weakness persists even as the pattern highlighted by Bird gains traction among traders.</p>
<p style="text-align: justify">Commenters in the XRP community expressed a wide range of reactions. One user recalled expecting a strong performance but noted the continued price drop. Another took a bullish stance, suggesting that XRP could surge to $3.20 within two weeks. Meanwhile, some participants remained skeptical, unsure whether a tongue-in-cheek social media post could catalyze another market rally. Others expressed concern that prices might have further room to fall.</p>
<blockquote>
 <p>While the January rally followed the same social media joke, current market participants are split on whether history will repeat itself as XRP trades significantly lower than its recent highs.</p>
</blockquote>
<p>The post <a href="https://en.coin-turk.com/ripple-ctos-shorts-joke-returns-xrp-falls-2-89yuzde-to-1-47/" rel="noopener noreferrer nofollow">Ripple CTO’s ‘shorts’ joke returns, XRP falls 2.89% to $1.47</a> appeared first on <a href="https://en.coin-turk.com" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.</p>

Ripple CTO’s ‘shorts’ joke returns, XRP falls 2.89% to $1.47

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