"Hype builds in the weeks before major Ripple events, attendees post photos and panel highlights during the events, and the price drifts back to where it started once everyone goes home."
"XRP traded around $2.20 during the event and remained at the same price when the conference ended. The token remained near $2.20 through late June before a separate technical breakout pushed it to its $3.65 all-time high in July."
"Conferences alone rarely move a token sitting on $85 billion in market cap. That usually takes a major Ripple deal or a regulatory breakthrough."
XRP experienced a brief rally in mid-April, rising from $1.33 to $1.50 due to Rakuten Wallet's support. However, it fell back to $1.38, down 4.3%. Past XRP conferences have not led to sustained price increases, as seen in 2025 and 2024 events where hype did not translate into lasting gains. The upcoming Las Vegas conference on April 30 faces skepticism due to historical patterns, with XRP needing significant news or breakthroughs to reverse its current downward trend.
Read at 24/7 Wall St.
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