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Cryptocurrency News Video
XRP UPDATE:XRP RIPPLE LOCKED 800B COINS AND MASSIVE XRP MOVEMENT,WHAT NEXT NOW?
May 05, 2024 at 06:18 am CRYPTO NEWSLINE
speculation in the cryptocurrency market as a whole. This is a step taken in accordance with Ripple's standard plan, which calls for the monthly release of 1 billion xrp from escrow; despite the fact that these releases are routine, they are crucial to the smooth operation of Ripple's operations, according to statements made earlier by xrp attorney Bill Morgan. A portion of the xrp that is released is used to augment the supply that is already in circulation, with the remaining xrp being returned to escrow. While there is a chance that the price of XRP may fluctuate in the short term due to increased supply, the strategy is consistent with Ripple's long-term goal of sustainability in the cryptocurrency ecosystem. In the meantime, the Locking of XRP shows
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