Instead of ‘Swelling’, Ripple’s XRP is ‘Selling Hard’, But Why?

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Ripple’s Swell conference usually provides good bullish momentum for its native token XRP. The annual gathering of company bigwigs, bankers and academics provide an opportunity to ‘big up’ the product, but that is not being reflected in its crypto prices today. Highlights From Ripple Event Company executives and industry experts have gathered in Singapore this week for the Swell event from November 7 – 8. In a press release earlier this week the San Francisco based fin-tech firm announced that it had surpassed 300 customers and seen a tenfold year on year increase in transactions on RippleNet. The event is usually used by company bosses and Ripple advocates to deliver future plans for the payments network. Earlier this week CEO Brad Garlinghouse spoke to Forbes before the event kicked off stating; As we kick off the conference, we’re really pleased with all the momentum. There are strong network effects: the…

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