XRP Sentiment Plummets to Worst Reading Since August 17

The recent trend in the sentiment around XRP has taken a turn for the worse. According to blockchain analytics firm Santiment, the cryptocurrency's bullish-to-bearish ratio fell to its lowest reading since August 17, reaching 0.67 on October 1.

This metric, which measures the number of bullish comments against bearish ones across platforms like X, Reddit, and Telegram, has been a reliable indicator of market sentiment in the past.

With this significant drop, it's clear that the crowd has turned against XRP. However, it remains to be seen whether this shift in sentiment will translate into actual price movements.