Shocking! Ripple's 500 Million XRP Transfer, Market Turmoil, XRP Price May Face Major Changes! ⚡💥
On May 1st, Ripple's astonishing transaction ignited the crypto community! In just a few minutes, Ripple transferred approximately 500 million XRP (worth $1.1 billion) from its internal wallet. Notably, a large portion of the 1 billion XRP that Ripple unlocks each month is re-locked!
It is reported that Ripple re-locked 500 million XRP, followed by 170 million and 30 million XRP being locked, meaning that 700 million of the 1 billion XRP for May has been temporarily withdrawn from the market. 📊
XRP's price movement has caught the attention of experts, with XRP currently finding support at $2.25. Analysts predict that the price may adjust to the $2 range. However, in the short term, XRP may break through $2.68 or even $3! 🚀
In addition, Ripple is steadily advancing its acquisition plans. Despite Circle rejecting its $5 billion offer, Ripple continues to increase its market share and make new progress!
On May 1st, Ripple's astonishing transaction ignited the crypto community! In just a few minutes, Ripple transferred approximately 500 million XRP (worth $1.1 billion) from its internal wallet. Notably, a large portion of the 1 billion XRP that Ripple unlocks each month is re-locked!
It is reported that Ripple re-locked 500 million XRP, followed by 170 million and 30 million XRP being locked, meaning that 700 million of the 1 billion XRP for May has been temporarily withdrawn from the market. 📊
XRP's price movement has caught the attention of experts, with XRP currently finding support at $2.25. Analysts predict that the price may adjust to the $2 range. However, in the short term, XRP may break through $2.68 or even $3! 🚀
In addition, Ripple is steadily advancing its acquisition plans. Despite Circle rejecting its $5 billion offer, Ripple continues to increase its market share and make new progress!
