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$2.49B In XRP : Ripple’s November Unlock Raises New Questions

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A massive metallic vault stands in a dark room. It’s bulging from the inside, as if it’s about to explode. A diagonal crack cuts across the door, already releasing a few glowing XRP tokens and a bright orange light. A trader stands, watching the scene.

While institutional interest in cryptos is rising again, the decisions of major players capture all the attention. This November 1st, Ripple plans to unlock 1 billion XRP, which is more than 2.4 billion dollars at the current price, from its escrow accounts, as part of a mechanism established in 2017 to regulate the supply. A regular operation, but one that, in the current climate, raises questions about liquidity strategies and market balance.

L’article $2.49B In XRP : Ripple’s November Unlock Raises New Questions est apparu en premier sur Cointribune.

11h ago
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