XRP Slumps 9% as Ripple’s $500M Fundraise Fails to Boost Investor Confidence
Ripple’s series of major announcements failed to buoy XRP, which fell over 9% this past weekend, highlighting a widening gap between the company’s ambitious initiatives and market sentiment toward the token. Even the highly anticipated Swell conference—featuring major financial institutions such as Mastercard, Nasdaq, and Galaxy Digital—could not halt the sell-off, suggesting that market psychology outweighs headline-driven optimism.
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