Snoop Dogg headlined Ripple's 2018 event in New York City, emphasizing community engagement over coin promotion.
Snoop Dogg and Ripple's Community Engagement
Snoop Dogg headlined Ripple's 2018 event aimed at engaging the XRP community. CEO Brad Garlinghouse stated that it was not a promotional stunt. Snoop Dogg received no XRP as compensation, aligning with Ripple's non-promotional stance.
XRP Price Stability During the Event
The celebratory event did not lead to changes in liquidity or major financial shifts. The XRP price remained stable during this community-focused event.
Short-Lived Impact of Celebrity Crypto Engagements
Celebrity engagements in crypto, like Snoop's, rarely result in substantial advances. Historical data suggests limited impact from celebrity events, where investments see minimal growth due to overshadowing external factors.
Ripple's event featuring Snoop Dogg highlights the importance of community engagement, despite the limited impact on market prices.
