🚨 Ripple to Release 1 Billion $XRP on February 1, 2025 – Buy or Sell? 🚨
Attention, $XRP holders! On February 1, 2025, Ripple is set to unlock 1 billion XRP tokens, currently valued at around $3.10 billion. This is the first scheduled release of the month, with Ripple likely selling a portion of these tokens over the coming weeks.
🔒 Understanding Ripple’s Escrow System
When XRP was launched in 2012, Ripple held onto 80 billion XRP in reserve. To manage the token’s supply, the company introduced an escrow system in 2017, locking up 55 billion XRP with a structured monthly release.
Monthly Unlocks: Ripple releases 1 billion XRP every month.
Token Allocation: Typically, about 20% of the unlocked XRP is used for sales and operational expenses, while the remainder is relocked into new escrows for future use.
💡 How Will This Impact XRP’s Price?
The monthly release of XRP often leads to increased price volatility. Some traders view it as a bearish event, anticipating short-term selling pressure. Others see it as a buying opportunity, expecting a rebound before any potential price rally.
Will this unlock influence XRP’s price in February? Let us know your thoughts! 👇
