Mark the dates on your calendar, as Ripple is going to reveal something big that could potentially send its price soaring to its all-time high. Among these crucial dates are 8-9 Nov 2023.
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What’s Happening on November 8-9?
A prominent figure in the XRP community, who goes by the name “XRP Captain,” shared an image that got people talking. The image reveals the upcoming Ripple Swell event, planned for November 8 and 9.
And this has sparked discussions about whether Ripple might announce going public during this event.
Apparently, many experts have been talking a lot about Ripple going public through an IPO in recent weeks. Ripple even posted a job opening for a “Senior Shareholder Communications Manager,” which suggests they’re getting ready for an IPO.
WoK’s Expectations from the Ripple Swell Event
As we look ahead to the Ripple Swell event, XRP enthusiast WrathofKahneman (WoK) has shared insights about what we might expect at the upcoming Ripple Swell event held in Dubai.
WoK believes this event carries great significance and is intrigued by the possibilities, with an IPO emerging as a top contender.”
Beyond the IPO talk, the event will also touch on subjects like the future of digital money, rules and regulations, Ripple’s acquisition of a Virtual Assets Regulatory Authority (VARA), and Central Bank Digital Currencies (CBDCs).
What It Means for XRP Price
Right now, it’s unclear if this event will directly affect the XRP price. Ripple Swell isn’t a widely advertised conference, so just having the event may not change the price.
This event was earlier held virtually in 2020, 2021, and 2022, but now it’s happening in person in Dubai. It will have attendees from over 40 countries, 80 speakers, and more than 600 people.
However, the real excitement is if Ripple chooses to make a big announcement at this event, like an IPO. If that happens, it could have an impact on the XRP price. So, we’ll keep an eye on November 8-9 to see what Ripple has in store for the XRP community and the wider crypto world.
