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.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
BTC, 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
Leer más »
XRP & 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
Leer más »
XRP & 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
Leer más »
225 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
Leer más »
BTC, ETH and XRP Price Analysis for July 31Can the top coins keep rising faster than BTC? crypto Ethereum ETH $ETH cryptoexchange VitalikButerin ethereum XrpYoyo ANT159694954 nuonrg WillyWonkaXRP RippleXrpie
Leer más »
Shiba Inu Burn Rate Spikes 130%$SHIB 130% burn rate increase shows that network's fundamental value is still increasing
Leer más »