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Ripple Re-Locks 800 Million XRP Tokens in Escrow

(5 hours ago) · 1 source · Summarized by CryptoBipto

Ripple returned approximately 800 million XRP tokens, valued at roughly $875 million, back into escrow after a scheduled monthly release. Some market commentators have speculated about future price targets for XRP, though such predictions remain unverified speculation.

WHY IT MATTERS

When Ripple was created, a large share of all XRP tokens were held by the company itself.

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SOURCES

  • cryptonews.com

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