XRP price prediction after the release of 1 billion tokens: what to watch now

4 days ago 12



The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Ripple took one billion XRP out of escrow on October 1, and the price still stands almost unchanged at $1.49. For you in Germany, though, a different number than the price decides this quarter, namely December 31, 2026.Ripple released one billion XRP from its escrow accounts on Thursday morning, spread across four transfers of 400, 300, 200 and 100 million tokens. Measured at Thursday afternoon's price, that is worth around $1.49 billion. The price itself barely reacted: XRP traded at $1.48 to $1.49 on Thursday afternoon, just under one percent below the previous day, according to CoinGecko data. Anyone wanting to derive a forecast from this release therefore needs less of the chart and more of an understanding of what this money actually does over the next 24 hours. The escrow is no secret compartment, but a series of trust accounts on the XRP Ledger that Ripple set up in 2017. At the start of each month part of it expires, and the company can dispose of the amount that comes f...

Read Entire Article