Ripple May Be Set to Unlock One Billion XRP Amid Recent Price Fluctuations
Main Idea
Ripple is preparing to unlock one billion XRP this month, which could significantly impact the market as XRP has already declined by 4.5% this week.
Key Points
1. Ripple may unlock one billion XRP soon, potentially affecting market dynamics.
2. XRP has seen a 4.5% decline this week, dropping from $3.08 to $2.94.
3. Currently, over 36 billion XRP tokens remain locked in escrow.
4. The potential unlocking could lead to increased volatility in the market.
Description
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$XRP
$3.0695
+4.56%
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