💻Facto:
Ripple will unlock 1 billion of $XRP (valued at over 2 billion of $USDC )💵 on January 1, 2025, and it will be done in 3 separate transactions.
This will inject 1.74% of the circulating supply and 2.63% of the remaining locked tokens into the market.🚀🚀
The tokens were locked in company wallets in December 2020 and January 2021, as collateral for the company.💰💰
What will happen?🤔
In my opinion, we have 2 possible situations:
💥 Such a large amount of tokens released at the same time could create greater volatility in the market, which would directly affect the price of XRP.
💥 The market could absorb the unlocking without significant disruption.
We know that anything can happen in the market, but one thing is certain, and that is that utility cryptos are increasingly on everyone's lips.🤯🤯
And you, what do you think? Do you believe that such an injection of XRP will affect the price? Or do you think everything will remain the same?🤔
I'm listening to you…