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$XRP plus 40% profit has already started
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XRP (Ripple’s token) becoming scarcer can indeed impact its price, but several factors need to be considered to determine whether there will be a significant spike. Scarcity is usually caused by:
1. Token Burning: Some XRP is “burned” in transactions, reducing the supply over time.
2. Institutional Adoption: Increased use of XRP in global payment systems, as an on-demand liquidity (ODL) solution.
3. Reduction in Market Liquidity: Movement of large amounts to private portfolios or retention by institutions.
XRP (Ripple’s token) becoming scarcer can indeed impact its price, but several factors need to be considered to determine whether there will be a significant spike. Scarcity is usually caused by:
1. Token Burning: Some XRP is “burned” in transactions, reducing the supply over time.
2. Institutional Adoption: Increased use of XRP in global payment systems, as an on-demand liquidity (ODL) solution.
3. Reduction in Market Liquidity: Movement of large amounts to private portfolios or retention by institutions.
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