Ripple’s XRP Sales and Their Effects on the Market

For years, Ripple has been regularly selling the XRP tokens it controls, creating uncertainty in the market. In March, the company unlocked 1 billion tokens, selling 200 million and locking the remaining tokens until 2027. By March 13, a total of 240 million XRP had been sold, having a significant impact on the market. Ripple’s Big Sales Ripple started the sales on March 5, putting 200 million tokens into the market and selling an additional 140 million XRP labeled ‘Ripple 52’ from an address. The total sale was worth $150 million and represented only 0.45% of the XRP market value. The Effects of Sales on XRP Ripple’s sales indicate a potential supply inflation that could affect the XRP price, which is reflected in daily price charts. If Ripple were to stop its sales, it could lead to an upward trend in XRP. However, Ripple still holds hundreds of millions of […]

Ripple’s XRP Sales and Their Effects on the Market

For years, Ripple has been regularly selling the XRP tokens it controls, creating uncertainty in the market. In March, the company unlocked 1 billion tokens, selling 200 million and locking the remaining tokens until 2027. By March 13, a total of 240 million XRP had been sold, having a significant impact on the market.

Ripple’s Big Sales

Ripple started the sales on March 5, putting 200 million tokens into the market and selling an additional 140 million XRP labeled ‘Ripple 52’ from an address. The total sale was worth $150 million and represented only 0.45% of the XRP market value.

The Effects of Sales on XRP

Ripple’s sales indicate a potential supply inflation that could affect the XRP price, which is reflected in daily price charts. If Ripple were to stop its sales, it could lead to an upward trend in XRP. However, Ripple still holds hundreds of millions of XRP for sale, creating ongoing uncertainty in the market.

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