Ripple Unlocks 1 Billion XRP as the Bearish Nightmare Deepens: What’s Next?
Covered by 2 sources · 2 articles
2 outlets - including Coinedition and Beincrypto - are covering this story. Ripple unlocked 1 billion XRP tokens on July 1. The release is part of a routine set up by the firm since December 2017. At the beginning of every month, Ripple releases XRP tokens from its escrow under an automated, cryptographically enfor…
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Ripple Unlocks 1 Billion XRP Tokens on Schedule Amid Bearish Pressure
Ripple unlocked 1 billion XRP tokens on July 1. The release is part of a routine set up by the firm since December 2017. At the beginning of every month, Ripple releases XRP tokens from its escrow under an automated, cryptographically enfor…
Ripple Unlocks 1 Billion XRP as the Bearish Nightmare Deepens: What’s Next?
Ripple executed its scheduled monthly escrow unlock on Wednesday. The company released exactly 1 billion XRP in three separate transactions. The move follows a brutal June that dragged the token to a 19-month low across global crypto market…