NEW YORK — Swifties are speculating that one particular song off Taylor Swift’s upcoming album nods to the rumored demise of her friendship with Blake Lively, amid the latter’s legal battle with Justin Baldoni.

The chatter comes on the heels of Swift on Wednesday revealing that the tracklist from “The Life of a Showgirl,” dropping Oct. 3, will feature a song titled “Ruin the Friendship.”

Lively, 37, is currently locked in a litigious and publicity saga with 41-year-old Baldoni, her director and co-star in “It Ends With Us,” whom she claims sexually harassed her during filming. The “Gossip Girl” alum also alleges Baldoni waged a smear campaign to undermine her accusations.

Baldoni has denied all of Lively’s claims, though he did include some reported texts in his since-dismissed $400 million defamation suit. In one such correspondence, Lively allegedly referred to Swift as one of her “dragons,” with Baldoni accusing her of leveraging the popstar’s celebrity status in attempt to take over creative control of the film.

Ever since Swift was named in the suit, she’s reportedly kept her distance from her longtime friend. In June, a source told People that Swift was“working to trust Blake again.”

While making her podcast debut during boyfriend Travis Kelce’s hit “New Heights” show, Swift revealed she recorded the entirety of her new album in between shows on the European leg of her Eras Tour last summer.

If true, that throws a bit of a wrench into the theory that “Ruin the Friendship” is about Lively, as she and Swift were last spotted together last October — on a double date, no less.

Moreover, Lively didn’t accuse Baldoni of any misdeeds until right before Christmas, and Baldoni didn’t drag Swift into the mess until early this year.

Still, that hasn’t stopped fans from spreading the theory online, particularly in the wake of Swift being momentarily subpoenaed by Baldoni’s legal team.

Neither Swift nor Lively has publicly remarked on their friendship since “It Ends With Us” hit theaters in August.

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