Ripple Unlocks One Billion XRP, Why Is It Significant?

9 months ago 673

Ripple, the leading blockchain company, on Friday unlocked another 1 billion XRP from escrow as part of its monthly release strategy. It allows Ripple to maintain XRP liquidity in the crypto market and help make businesses leverage XRP during cross-border transactions. However, the strategy brings a temporary downside in XRP price due to an increase

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Source: coingape.com
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