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WhiteRock Crypto Skyrockets 110% on Rumored Saudi Oil Giant Partnership

WhiteRock Crypto Skyrockets 110% on Rumored Saudi Oil Giant Partnership

Published:
2025-05-30 09:33:31
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Speculation fuels another crypto moonshot—this time with a petro-powered boost. WhiteRock’s token more than doubled overnight as whispers swirled about a potential tie-up with Saudi Arabia’s state oil behemoth. Because nothing screams ’decentralized future’ like marrying digital assets to fossil fuel dinosaurs.

Traders piled in faster than a meme coin pump group spotting low-hanging fruit. The surge comes amid growing institutional interest in crypto—though skeptics note these partnerships often generate more press releases than actual blockchain adoption. Still, when the oil money talks, markets listen… at least until the next shiny object appears.

WhiteRock crypto soars over 110% amid rumoured partnership with Saudi Arabian oil giant - 1

Document announcing the rumoured partnership between WhiteRock and Aramco | Source: X/amonbuy

That post quickly gained traction, racking up over 254,000 views and pushing WHITE into trending searches on Google, a clear sign of retail FOMO kicking in.

As of press time, none of the involved parties, Ripple, WhiteRock, or Aramco, have confirmed any such deal.

Closer examination of the shared document casts further doubt. It references a “Sheikh Abdullah bin Khalid Al-Falih,” a figure with no trace in official Saudi records, and features a signature that, as revealed by a simple reverse image search, bears a close resemblance to that of Iranian actress Mahtab Keramati, raising further red flags about its authenticity.

WhiteRock crypto soars over 110% amid rumoured partnership with Saudi Arabian oil giant - 2

Source: Wikipedia

Moreover, Saudi Aramco has made no announcements related to blockchain-based oil tokenisation. Although the firm partnered with Ripple-affiliated SBI Holdings in 2023, that collaboration focused on general digital asset investments and did not involve XRP or tokenizing oil.

WhiteRock does have ties to Ripple’s ecosystem through its March 2025 launch on the XRP Ledger, aimed at institutional tokenised asset trading. However, there have been no references to oil-linked products in its official communications.

Until verifiable confirmation emerges, the surge in WHITE appears to be sentiment-driven, with the token’s momentum heavily reliant on an unsubstantiated narrative. Without further validation, the rally may face downward pressure as the initial HYPE fades.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

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