XRP Price in the Red as Ripple Unlocks 1 Billion Tokens From Its Escrow Wallet

France Nouvelles Nouvelles

XRP Price in the Red as Ripple Unlocks 1 Billion Tokens From Its Escrow Wallet
France Dernières Nouvelles,France Actualités
  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

The blockchain company has unlocked more XRP tokens

It should be mentioned that XRP’s recent weakness is linked to Bitcoin’s inability to gain footing above the $24,000 rather than the mundane unlocking of new tokens.tends to return the vast majority of tokens it releases back to its escrow. Because of the predictability of the unlocking procedure, which takes place on the first day of every month, it has no virtually no effect on the price of the XRP token.

In other news, Ripple co-founder Jed McCaleb finally sold his remaining XRP tokens last month, which means that he will no longer be able to exert additional selling pressure on the sixth-largest cryptocurrency. The total circulating supply of XRP currently stands at 48.3 billion tokens, according to data provided by CoinMarketCap.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Utoday_en /  🏆 295. in US

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

BTC, ETH and XRP Price Analysis for July 31BTC, ETH and XRP Price Analysis for July 31Can the top coins keep rising faster than BTC? crypto Ethereum ETH $ETH cryptoexchange VitalikButerin ethereum XrpYoyo ANT159694954 nuonrg WillyWonkaXRP RippleXrpie
Lire la suite »

XRP & Cardano (ADA) Need This To Hold On to Conquered Places in Market Cap TopXRP & Cardano (ADA) Need This To Hold On to Conquered Places in Market Cap TopICYMI: there is a loophole that could allow $XRP and $ADA to move at least two places higher in market cap top Cardano Ripple ADA XRP XRPArmy
Lire la suite »

XRP & Cardano (ADA) Need This To Hold On to Conquered Places in Market Cap TopXRP & Cardano (ADA) Need This To Hold On to Conquered Places in Market Cap TopICYMI: there is a loophole that could allow $XRP and $ADA to move at least two places higher in market cap top Cardano Ripple ADA XRP XRPArmy
Lire la suite »

225 Million SHIB Burned As Burn Rate Soars 414% Overnight225 Million SHIB Burned As Burn Rate Soars 414% OvernightThe SHIBarmy has locked 225 million $SHIB in dead wallets, raising the burn rate by 414%. shibburn tokenburn
Lire la suite »

BTC, ETH and XRP Price Analysis for July 31BTC, ETH and XRP Price Analysis for July 31Can the top coins keep rising faster than BTC? crypto Ethereum ETH $ETH cryptoexchange VitalikButerin ethereum XrpYoyo ANT159694954 nuonrg WillyWonkaXRP RippleXrpie
Lire la suite »

Shiba Inu Burn Rate Spikes 130%Shiba Inu Burn Rate Spikes 130%$SHIB 130% burn rate increase shows that network's fundamental value is still increasing
Lire la suite »



Render Time: 2025-03-13 03:57:45