🚨 Ripple to Unlock 1 Billion $XRP on February 1, 2025 – Time to Sell or Buy? 🚨
Big news for $XRP holders! On February 1, Ripple will unlock 1 billion XRP tokens, valued at approximately $3.10 billion at current prices. This marks the first unlock of the month, with Ripple potentially selling a portion of this stash over the coming weeks.
🔒 How It Works:
When XRP launched back in 2012, Ripple held 80 billion of the total supply in reserve. To control the supply, Ripple established an escrow system in 2017 to lock up 55 billion XRP, with monthly unlocks continuing to this day.
Every month, Ripple releases 1 billion XRP, with around 20% typically reserved for sales and expenses, while the rest gets locked back into new escrows for future use.
💡 What Does This Mean for XRP Price?
This regular release of XRP can impact price volatility—some traders see it as a potential selling point, while others view it as an opportunity to buy the dip before any bullish movement. Keep an eye on the market!
Will this impact XRP's price in February? Drop your thoughts below! 👇
