It will take place in Dubai on 8 and 9 November. Ripple Swell While the event is just around the corner, experts and community members have higher expectations from this event.
In particular, it is wondered whether Ripple will announce an initial public offering (IPO) or license during this event. XRP “XRP Captain,” a prominent member of the community, shared an image promoting the event and these important days, which sparked discussions about Ripple’s potential to go public.
Over the past few weeks, many experts have continued to speculate about the company’s initial public offering. The company posted a job posting for the “Senior Shareholder Communications Manager” position, which helped fuel speculation.
Despite previous legal challenges, Ripple The Swell event looks like it could be fascinating and exciting. Additionally, the latest job posting for the “Senior Shareholder Communications Manager” position supports these expectations.
An XRP influencer known as “Wrath of Kahneman” (WoK) shared the highly anticipated details about the upcoming Ripple Swell event in Dubai. WoK is one of those who believe that this year’s Swell could be quite critical and even makes predictions regarding possible announcements that may be announced during the event. These possible announcements include issues such as IPO, VARA license, CBDC (Central Bank Digital Currencies) and stablecoin/tokenization.
Believing that an IPO is a strong possibility, WoK frequently highlights the event and approaches discussions of potential IPOs with great enthusiasm. In addition, other issues that will be discussed at the event include important issues such as legal regulations, CBDCs, the future of digital money and Ripple’s acquisition of the Virtual Assets Regulatory Authority (VARA).
It is not yet clear whether this event will have an immediate impact on the XRP price. Since Ripple Swell is not a conference with a lot of publicity, the price may not change just because it is happening. This event is now taking place face-to-face in Dubai, after previously taking place virtually in 2020, 2021 and 2022. There will be more than 600 people there, 80 presenters and participants from more than 40 countries.
However, the real excitement will happen if Ripple uses this event to make an important announcement such as an IPO. If this happens, the price of XRP may be affected. Therefore, one has to wait until November 8-9 to see what Ripple has planned for the XRP community and the larger cryptocurrency world.