Crypto Market to See $1.5 Billion in Token Unlocks in August, Ripple’s XRP Leads
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In August, the crypto market will witness significant token unlocks totaling $1.5 billion, spearheaded by Ripple's XRP. This will involve the release of 1 billion XRP tokens on August 1, valued at approximately $609 million. This major unlock is part of Ripple's strategic initiatives started in 2017.
The unlocks are expected to impact the market significantly, as various platforms follow Ripple's lead. These unlocks are pivotal in understanding market movements and the strategic decisions made by key players in the crypto space.
منبع: coinedition.com ↗
