Like many other cryptocurrency businesses, Ripple is subject to significant dates and events that might lead to a surge in the price of the XRP coin. For this reason, certain dates have greater significance than others; the dates of November 8–9 are the most recent to come to light.
What’s Going On On November 8–9 With Ripple?
A well-known XRP community member with over 57,000 followers on X (previously Twitter), XRP Captain, shared a screenshot early on Thursday morning that attracted the attention of other community members. The picture depicted the Ripple Swell event, which was set for November 8 and 9.
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“Save The Date #XRP Could Make History On This Date,” XRP Captain wrote as a caption on the photo, implying that it is a significant day for the community. It appears that the expert anticipates a spike in the price of XRP as a result of the event.
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Taking a closer look at the Ripple Swell event, it is a yearly two-day event hosted by Ripple. Customers, partners, and prospects can be brought together at the conference, which is exclusively by invitation; only those invited by the business may participate.
The 2020, 2021, and 2022 virtual event is now returning to an in-person conference, this time taking place in Dubai. More than 80 presenters and more than 600 participants from over 40 countries are anticipated at this conference.
It is anticipated that this conference will address a wide range of subjects, including Central Bank Digital Currencies (CBDCs), payments, regulation, compliance, and the future of cryptocurrency.
Ripple Swell, according to its website, “will cover a sweeping range of topics from Ripple customers, team members, and industry thought leaders to reveal how financial institutions and businesses alike are leveraging crypto and blockchain technology.”
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How Will This Impact the Price of XRP?
There are currently no signs that this will really have any kind of effect on the price of XRP. Given that Ripple Swell does not appear to be a well-publicized conference, the price may not be directly impacted by the event itself.
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