Crypto: Does Ripple really manipulate the price of XRP?

The influence of Ripple’s periodic sales on the price of XRP has long been a controversial topic among members of the crypto community. Recently, financial expert Mickle addressed this issue. He notably refuted accusations that Ripple intentionally suppresses the price of XRP through its monthly sales.

Members of the crypto community are divided on the impact of Ripple’s periodic XRP sales. As the issuer and largest holder of XRP, the company releases one billion tokens from its escrow accounts each month. Of this amount, 80% are locked again, while the remaining 20% are sold to fund the company’s operations.

The Good Morning Crypto podcast recently conducted an investigation into these movements.

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