XRP Falls More than 4% after Ripple Moves 200 Million Tokens; Suspicious Community
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#Rippleđ° is alleged to have moved 200 million XRP tokens to an unknown wallet. Ripple's move sparked speculation that the company plans to abandon its native token. In addition to these transfers, Whale Alert also reported two other large transfers of 25 million and 26 million XRP tokens respectively to unknown wallets from Binance several hours after the transfers from Ripple.
fell 4% after the move on Friday. Despite the FUD, the company appears to be forging new partnerships as it prepares for the launch of their stablecoin. The company announced a partnership with Zoniqx, a digital asset management platform, to provide tokenization services to the XRP Ledger. Ripple also announced a new partnership with Clear Junction to improve GBP and EUR cross-border payments for their customers.
