1. According to 24HRS #crypto , XRP's burn rate has doubled, paving the door for rising value.
2. Analysts anticipate a decrease in #XRP burn rate as the price soars.
3. There were 247,016 XRP tokens destroyed in 30 days, causing price spike #optimism .
With a large increase in its daily burn rate, XRP is riding the latest crypto wave, triggering projections of a $100 value, a 231,222% increase from its present price.
According to 24HRS CRYPTO, a pseudonymous crypto researcher, 247,016 XRP tokens have been permanently removed from circulation in the last month alone. This equates to an average daily burn of 8,233 tokens, indicating an optimistic outlook for the token's valuation.
