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Ripple Unlocks 1 Billion XRP Tokens: The Future of Escrow and Potential Burning Explained Coinotag 01 sept. 2024

Ripple Unlocks 1 Billion XRP Tokens: The Future of Escrow and Potential Burning Explained 🔓

XRP Ripple

Ripple has recently unlocked an additional 1 billion XRP tokens, sparking discussions about the company’s escrow strategy. Since 2017, Ripple has locked 55 billion XRP tokens into escrow accounts to provide transparency and predictability in the supply of XRP.

This move raises questions about the potential future burning of XRP tokens and its implications for the cryptocurrency’s market dynamics.

The complete picture of how these actions will impact Ripple and the broader market remains to be seen.

Sursă: en.coinotag.com ↗

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