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Ripple Releases 1 Billion XRP, Drops Price by 5% Cointurk 01 Okt 2024

Ripple Releases 1 Billion XRP, Drops Price by 5% 🔄

XRP's price dropped by 5% after Ripple released 1 billion XRP tokens into the market. This release caused short-term volatility.

Despite this, XRP has shown positive trends on both a weekly and monthly basis, indicating resilience and potential for recovery.

Investors are watching closely to see how the market adjusts to the influx of new coins.

Quelle: en.coin-turk.com ↗