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$XRP
Eliza Ross
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Bullish
šØ Ripple to Unlock 1 Billion $XRP on February 1, 2025 ā Time to Sell or Buy? šØ
Big news for $XRP holders! On February 1, Ripple will unlock 1 billion XRP tokens, valued at approximately $3.10 billion at current prices. This marks the first unlock of the month, with Ripple potentially selling a portion of this stash over the coming weeks.
š How It Works:
When XRP launched back in 2012, Ripple held 80 billion of the total supply in reserve. To control the supply, Ripple established an escrow system in 2017 to lock up 55 billion XRP, with monthly unlocks continuing to this day.
Every month, Ripple releases 1 billion XRP, with around 20% typically reserved for sales and expenses, while the rest gets locked back into new escrows for future use.
š” What Does This Mean for XRP Price?
This regular release of XRP can impact price volatilityāsome traders see it as a potential selling point, while others view it as an opportunity to buy the dip before any bullish movement. Keep an eye on the market!
Will this impact XRP's price in February? Drop your thoughts below! š
$XRP
#XRP #Ripple #CryptoUnlock #EscrowSystem #Write2Earn
Big news for $XRP holders! On February 1, Ripple will unlock 1 billion XRP tokens, valued at approximately $3.10 billion at current prices. This marks the first unlock of the month, with Ripple potentially selling a portion of this stash over the coming weeks.
š How It Works:
When XRP launched back in 2012, Ripple held 80 billion of the total supply in reserve. To control the supply, Ripple established an escrow system in 2017 to lock up 55 billion XRP, with monthly unlocks continuing to this day.
Every month, Ripple releases 1 billion XRP, with around 20% typically reserved for sales and expenses, while the rest gets locked back into new escrows for future use.
š” What Does This Mean for XRP Price?
This regular release of XRP can impact price volatilityāsome traders see it as a potential selling point, while others view it as an opportunity to buy the dip before any bullish movement. Keep an eye on the market!
Will this impact XRP's price in February? Drop your thoughts below! š
$XRP
#XRP #Ripple #CryptoUnlock #EscrowSystem #Write2Earn
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hold
#MarketCorrectionBuyOrHODL
Look, I know many influencers will say itās a normal market correction, but itās not.
As I already mentioned in my earlier post, market is full of big players who trades on news.
The biggest news in 2024 was trump winning the election. Big whales were waiting for that trigger to buy bitcoins and enjoy millions of profits.
Everything was pre planned. Everyone was expecting the trigger. In fact, billionaires like Elon Musk did lobbying for the trump government.
And trump intentionally promised about bitcoin, as he knows that if he can fulfil self interest of billionaires, they will support him for free.
Now, itās clear the that the bullish move was preplanned. Even almost all US big financial firms made bitcoins purchase easier beginning of this year.
But when someone takes entry, if he is wise, he plans for exit. Most of the big whales are just traders not investors. Means they just come when there is opportunity. Then they take away all the money.
In most cases, their exit was on 105-108k and they took exit with max profit leaving behind the bearish market.
But as I always say, Iām not a trader. Iām an investor. I donāt invest looking at chart. I invest when I feel confident about a currency/ project/stock.
Believe or not, BITCOIN IS THE FEATURE.
For everyone, please donāt panic if you are trading in spot. Even if you are trading in future but your liquidation price is below 70k, you are fine.
I would say, itās another buying opportunity. Just wait for BTC to bounce back and then start investing.
Also, if you can, before altseason buy ETH, XRP, DOT, TRX, SOL.
If you need suggestions on a specific coin, comment it out!
Donāt forget to check pin comment if you are interested in Airdrop.
#MarketCorrectionBuyOrHODL
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.Ā See T&Cs.
BTC
98,478.9
-5.75%
ETH
3,477.34
-10.25%
XRP
2.2761
-8.17%
12.6k
Views
6
Likes
3
Quotes
0
Tips
0
Shares
4 Replies
Most Relevant
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Felix Farwell qWuf
Look, I know many influencers will say itās a normal market correction, but itās not.
As I already mentioned in my earlier post, market is full of big players who trades on news.
The biggest news in 2024 was trump winning the election. Big whales were waiting for that trigger to buy bitcoins and enjoy millions of profits.
Everything was pre planned. Everyone was expecting the trigger. In fact, billionaires like Elon Musk did lobbying for the trump government.
And trump intentionally promised about bitcoin, as he knows that if he can fulfil self interest of billionaires, they will support him for free.
Now, itās clear the that the bullish move was preplanned. Even almost all US big financial firms made bitcoins purchase easier beginning of this year.
But when someone takes entry, if he is wise, he plans for exit. Most of the big whales are just traders not investors. Means they just come when there is opportunity. Then they take away all the money.
In most cases, their exit was on 105-108k and they took exit with max profit leaving behind the bearish market.
But as I always say, Iām not a trader. Iām an investor. I donāt invest looking at chart. I invest when I feel confident about a currency/ project/stock.
Believe or not, BITCOIN IS THE FEATURE.
For everyone, please donāt panic if you are trading in spot. Even if you are trading in future but your liquidation price is below 70k, you are fine.
I would say, itās another buying opportunity. Just wait for BTC to bounce back and then start investing.
Also, if you can, before altseason buy ETH, XRP, DOT, TRX, SOL.
If you need suggestions on a specific coin, comment it out!
Donāt forget to check pin comment if you are interested in Airdrop.
#MarketCorrectionBuyOrHODL
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.Ā See T&Cs.
BTC
98,478.9
-5.75%
ETH
3,477.34
-10.25%
XRP
2.2761
-8.17%
12.6k
Views
6
Likes
3
Quotes
0
Tips
0
Shares
4 Replies
Most Relevant
Most Recent
Felix Farwell qWuf
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