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2022-08-21 13:46:40

XRP Signals Considerable Uptick – Will Social Media Lift Its Price Past $0.34?

XRP price has demonstrated a significant uptick that come with engaging social media tweets and discussing. Does this hint a potential bull run? XRP price amplified by social media mentions during summer Ripple now an official World Economic Forum partner Crypto price bleeds by 10% in 24 hours Related Reading: Tamadoge Makes Noise – Is TAMA A Better Alternative To SOL? Ripple Is Now The Official Partner Of WEF Now, Ripple is an official partner of the World Economic Forum as announced on their website which also adds another layer of credibility and trustworthiness to XRP. The WEF is a Switzerland-based international NGO established on January 24, 1971 and founded by Klaus Schwab, a German economist and engineer. On their partnership with Ripple, the WEF has announced, “Ripple is developing and enabling the future use cases that will catalyze the new digital economy for governments, businesses and consumers.” During summer, Ripple has also shown immense social media popularity and uptick in comments and engagements. Image: Finbold On several occasions, upticks in terms of social media interest brought about profitable opportunities for both stocks and crypto alike. However, despite Ripple’s intense popularity, XRP was not able to benefit from the overwhelming social media hype. On August 19, the crypto has had a 10% liquidation following a drop from the descending parallel channel. The bearish cross that move over both the 8-d...

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