Crypto Post #48: Did Ripple (XRP) Latest Tweet Cause A Fast Price Increase?

Yesterday, August 21st 2017, Ripple’s official Tweet “3… 2…1… The countdown begin” brought forth much hype throughout the crypto community. Consequently, the price today rose by nearly 5 cents compared to yesterday’s 16 cent high per XRP. I am very much suspicious that the price increase was a result of this specific tweet. I have read on a Ripple thread that some were posting a “mooning” imagery in response to this phenomenal message of a countdown. Others considered that this was a countdown to the Fintech Week New York 2017 event that happens to be from August 21st to August 24th. Or better yet, could this countdown be just a random tweet of the August 21st Solar Eclipse? For now, the true meaning of the tweet for the majority extent is still a mystery, yet thanks to this mystery Ripple experienced a highest upward percentage of a 24-hour trend of crypto price change.

This trend provides an observation that just one small cryptocurrency news-story (or in this case tweet) from an official source could alter the price of the coin, while creating such a momentum and hype in brining the community closer together in discussing the latest developments. Enjoy these further developments, and wishing you all to profit from any such instances!

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