Ripple News: XRP Community Night a Hit; Ripple Parties with Snoop Dogg
All of the top-ten coins are sporting a bright red look Wednesday. That means Ripple (XRP) is down, despite there being quite a bit of positive Ripple news out there in the world, for one thing, Ripple was the reason we had Snoop Dogg at Consensus 2018!
Ripple (XRP) Daily Chart
Ripple (XRP) is currently selling for $0.692468. This puts XRP down 4.24% in the past twenty-four hours.
Ripple is still ranked below Ethereum (ETH), holding the position of third largest cryptocurrency. XRP has a market cap of $27.14 billion.
Ripple News | May 16, 2018 - Snoop Dogg at Consensus 2018!
There's a chance that members' of the Ripple community are feeling a little worse for wear themselves this morning, considering the Ripple 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.
First, however, we are going to look at some Ripple news that already surfaced this week. This Ripple news was announced both on Ripple'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 news surface: Ripple announced the Xpring initiative, companies are using xCurrent to test payments, and Ripple has proposed a new symbol, based on the request of the Ripple community.
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 news after last night's XRP Community Night. Before last night, some argued that Ripple shouldn't have selected Snoop Dogg to be the headliner. Others were angry at Ripple in general, claiming it depends on banks, instead of disrupting the banking sector.That didn't stop Ripple 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.
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 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 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 against the criticism for holding the invite-only event. Here are some tweets that stuck out:
The Ripple 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 news throughout the week! Featured Image: twitter
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