Uncovering the Potential Impact of Ripple's Unlocking of 1 Billion XRP Tokens

Wednesday, 26 June 2024, 17:21
Highlighting the revelation of Ripple's decision to unlock 1 billion XRP tokens on July 1, valued at $470 million. Understanding the potential implications of this massive release on the XRP market and price in the upcoming weeks.
Finance in Bold
Uncovering the Potential Impact of Ripple's Unlocking of 1 Billion XRP Tokens

Uncovering the Ripple XRP Token Unlocking

Ripple is set to release a significant amount of XRP tokens, totaling 1 billion on July 1.

Exploring the Financial Value

  • The unlocked tokens are valued at approximately $470 million.

Impact on XRP Price

  1. The monthly sell-offs of XRP could potentially affect the price negatively in the near future.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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