tldr; Ripple is set to release 1 billion XRP tokens from its escrow tomorrow as part of its monthly program initiated in 2017 to address supply centralization concerns. XRP currently trades at $2.85, with a market cap of $172.88 billion. While the release theoretically adds $2.85 billion in value, most of the tokens are typically returned to escrow. Recent whale activity suggests large holders are buying ahead of the release. Meanwhile, Ripple’s EVM sidechain is gaining traction, with $105 million in total value locked, signaling institutional interest in DeFi integration.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Grunblau on
Ask yourself if the conveyance mechanism for value receives value solely from conveying value.
The value XRP receives is from fans of XRP buying XRP. Unlike Chainlink, for example, that reinvests enterprise money into their own LINK reserve.
Also, it isn’t like the enterprise clients of XRP or LINK hold a bunch of tokens.
ThatChrisGuy7 on
Every month!
Jayrovers86 on
lol XRP holders getting scammed on a daily these days
WickedHero69 on
why tf anyone want to hold this coin?
HelpfulJones on
*Yawn*… Same as last month… Same as next month… In other news, the sun will sink below the western horizon later today (for those who need to be reminded).
JustStopppingBye on
OHHHH!!! XRP takes a right! A left! A nasty hook, down they go! The ref’s counting now… 1… 2… 3… struggling to get up… 7… 8… 9… 10! Thats it, folks, XRP is out cold!
**DING DING DING**
😂😂
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9 Kommentare
Easy money..
Could I get 1000 of them? 😁
tldr; Ripple is set to release 1 billion XRP tokens from its escrow tomorrow as part of its monthly program initiated in 2017 to address supply centralization concerns. XRP currently trades at $2.85, with a market cap of $172.88 billion. While the release theoretically adds $2.85 billion in value, most of the tokens are typically returned to escrow. Recent whale activity suggests large holders are buying ahead of the release. Meanwhile, Ripple’s EVM sidechain is gaining traction, with $105 million in total value locked, signaling institutional interest in DeFi integration.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Ask yourself if the conveyance mechanism for value receives value solely from conveying value.
The value XRP receives is from fans of XRP buying XRP. Unlike Chainlink, for example, that reinvests enterprise money into their own LINK reserve.
Also, it isn’t like the enterprise clients of XRP or LINK hold a bunch of tokens.
Every month!
lol XRP holders getting scammed on a daily these days
why tf anyone want to hold this coin?
*Yawn*… Same as last month… Same as next month… In other news, the sun will sink below the western horizon later today (for those who need to be reminded).
OHHHH!!! XRP takes a right! A left! A nasty hook, down they go! The ref’s counting now… 1… 2… 3… struggling to get up… 7… 8… 9… 10! Thats it, folks, XRP is out cold!
**DING DING DING**
😂😂