XRP tokens linked to Ripple have seen a resurgence in positive discussions on social media, a trend that has often preceded a reversal in price. The sentiment ratio, which measures the balance between positive and negative comments, spiked into the FOMO zone on April 29, reaching 3.9, the highest level since March 19. This spike has been driven in part by the recent integration of XRP with Rakuten Pay, allowing users to convert their points into XRP, which has sparked significant interest and bullish sentiment among traders.
Historically, when social media chatter reaches such heights, the price of XRP tends to consolidate or correct in the following days as demand from buyers begins to wane. The Rakuten Pay integration, which went live in early April and allows an estimated 44 million users to spend XRP at over 5 million merchant locations, has been seen as a significant milestone for XRP. Despite the excitement, XRP's price has remained relatively stable, trading at $1.37 on Thursday, down 2.1% over 24 hours and 3.7% on the week.