🚨 Ripple to Launch 1 Billion $XRP on February 1, 2025 – Is It Time to Buy or Sell? 🚨
Big news for $XRP holders! On February 1, Ripple will launch 1 billion XRP tokens, worth around $3.10 billion at current prices. This is the first time the tokens have been launched this month, and Ripple will likely sell some of this stock in the coming weeks.
🔒 How it works:
When XRP launched in 2012, Ripple held 80 billion of the total supply in reserve. To control the supply, Ripple created a staking system in 2017 to lock up 55 billion XRP, with monthly launches continuing to this day.
Every month, Ripple releases 1 billion XRP, with about 20% typically allocated for sale and spending, while the rest is locked back into new stakes for future use.
💡 What does this mean for XRP prices?
These regular releases of XRP can affect price volatility – some traders see it as a potential selling point, while others see it as an opportunity to buy the dip before any upward movement. Follow the market!
Will this affect the price of XRP in February? Leave your thoughts below.
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