XRP tokens linked to Ripple have seen a resurgence in positive discussions on social media, a trend that has historically preceded price corrections. On April 29, the token's sentiment ratio on social media spiked into the FOMO zone, reaching 3.9, the highest level since March 19.
This spike was driven in part by the integration of XRP with Rakuten Pay, allowing users to convert their points into XRP. The partnership has generated significant excitement, with traders taking notice of the potential for 44 million Rakuten users to spend XRP at over 5 million merchant locations. Despite the positive sentiment, XRP's price has remained relatively stable, trading at $1.37 on Thursday, down 2.1% over 24 hours. According to Santiment, crowd sentiment has led price movements by 24 to 72 hours in either direction, with extremes in sentiment often marking reversals rather than continuations.