All of the top-ten coins are sporting a bright red look Wednesday. That means Ripple (available on Binance) (XRP) is down, despite there being quite a bit of positive Ripple (available on Binance) news out there in the world, for one thing, Ripple (available on Binance) was the reason we had Snoop Dogg at Consensus 2018!
Ripple (available on Binance) (XRP) Daily Chart
Ripple (available on Binance) (XRP) is currently selling for $0.692468. This puts XRP down 4.24% in the past twenty-four hours.
Source: CoinMarketCap
Ripple (available on Binance) is still ranked below Ethereum (available on Coinbase) (ETH), holding the position of third largest cryptocurrency. XRP has a market cap of $27.14 billion.
Ripple (available on Binance) News | May 16, 2018 – Snoop Dogg at Consensus 2018!
There’s a chance that members’ of the Ripple (available on Binance) community are feeling a little worse for wear themselves this morning, considering the Ripple (available on Binance) team hosted its XRP Community Night at Consensus 2018 last night — and things really took off. Understandable, though, when Snoop Dogg is the headliner, and XRP enthusiasts are being served champagne.
#XRPCommunity night is a wrap! pic.twitter.com/X7dgo7Zg1e
— Ripple (available on Binance) (@Ripple (available on Binance)) May 16, 2018
First, however, we are going to look at some Ripple (available on Binance) news that already surfaced this week. This Ripple (available on Binance) news was announced both on Ripple (available on Binance)’s Insights blog, and Twitter. It was also confirmed at Consensus 2018 and NYC Blockchain Week.
This week so far, we have seen the following pieces of Ripple (available on Binance) news surface: Ripple (available on Binance) announced the Xpring initiative, companies are using xCurrent to test payments, and Ripple (available on Binance) has proposed a new symbol, based on the request of the Ripple (available on Binance) community.
Excited to announce Xpring, a new initiative that supports businesses growing on the XRP Ledger, and initial investments in @SB_Projects, @blockchaincap, @Coil_ and @omni. TogETHer, we will grow the #InternetofValue! https://t.co/Vx7cBrnz3D
— Ripple (available on Binance) (@Ripple (available on Binance)) May 14, 2018
Mitsubishi Corporation, @StanChart and @KrungsriSimple will test payments between Singapore and Thailand with #xCurrent! More on the potential new Ripple (available on Binance)Net corridor:https://t.co/tf3VJKLvU0
— Emi Yoshikawa (@emy_wng) May 14, 2018
XRP Community Night at Consensus 2018
Controversy surrounded the event in the days prior, so it was thought that there would be some trending Ripple (available on Binance) news after last night’s XRP Community Night. Before last night, some argued that Ripple (available on Binance) shouldn’t have selected Snoop Dogg to be the headliner. Others were angry at Ripple (available on Binance) in general, claiming it depends on banks, instead of disrupting the banking sector.
That didn’t stop Ripple (available on Binance) and the XRP community from having fun, though. During Snoop Dogg’s performance, the rapper refrained from discussing cryptocurrencies, but the crowd didn’t seem to mind; happily leaving the financials at the door, chanting back whenever the rapper asked them questions.
The one and only @SnoopDogg performing live at #XRPCommunity Night! pic.twitter.com/lWHhU6s1V6
— Ripple (available on Binance) (@Ripple (available on Binance)) May 16, 2018
Snoop Dogg is immensely popular, and he has shown support to the crypto sector since 2013, so it’s no wonder his participation is trending Ripple (available on Binance) news this morning. But what are people saying? Was the XRP Community Night everything it was supposed to be? Let’s see what we can find out.
Ripple (available on Binance) Community Response
The majority of the XRP community response was positive. Those that were there shared photos of their night and those that weren’t there seemed pleased with what was going on at Consensus 2018. Some users even defended Ripple (available on Binance) against the criticism for holding the invite-only event. Here are some tweets that stuck out:
So much hate on display tonight. It looks like everyone at the event had an awesome time and it was a really cool thing for the #XRPcommunity
— Michelle (@chellefire) May 16, 2018
.@JoelKatz playing super mario bros. #XRPCommunityNight pic.twitter.com/gMXV7e0wzD
— Emi Yoshikawa (@emy_wng) May 16, 2018
Waiting for the first song about crypto 💃 #SnoopDogg at the XRP party pic.twitter.com/ZEYd2L1Fq5
— Camila Russo (@CamiRusso) May 16, 2018
#XRPCommunity night is everything I dreamed it would be. People from across the community, and across the world, coming togETHer to celebrate somETHing bigger than each of us. 🥂to the dream team @Ripple (available on Binance) pic.twitter.com/9s5equv2b3
— Claire (@clairearthurs) May 16, 2018
The Ripple (available on Binance) News Takeaway
What did you think about the event? Surprised to see Snoop Dogg at Consensus 2018? How do you feel about XRP being down today? Let me know, and stay alert for more Ripple (available on Binance) news throughout the week!
Featured Image: twitter
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