๐จ The XRP Ledger is about to hit a major milestone โ *14 million XRP* permanently burned! ๐ช๐ฅ
Hereโs what that means & why it matters:
๐ Whatโs XRP Burn? Every time an XRP transaction happens, a small amount is destroyed (burned) as a fee โ permanently removing it from circulation. ๐จ This helps: - Prevent spam on the network - Slowly reduce total supply over time - Potentially increase long-term value due to scarcity ๐โก๏ธ๐
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๐ Why It Matters Now - The *burn rate has picked up*, reflecting increased network activity ๐ - More usage = more burn = more deflationary pressure ๐ฅ - Total supply is 100B XRP โ but every burn chips away at that ๐ฅ
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๐ฎ Prediction & Outlook If activity continues rising: - ๐ We could see XRP trend back toward *2.60โ2.70* - ๐ Bullish signs if demand outpaces the burn effect
But caution: price impact from burning is slow and steady โ not immediate.
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๐ Eyes on: if network upgrades or legal clarity boost usage, XRP burns could accelerate further.
๐ฌ HODLing or buying the dip? Letโs see whoโs ready for liftoff! ๐๐ธ
$XRP
#SaylorBTCPurchase #TrumpBTCTreasury #Write2Earn
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.ย See T&Cs.
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