📉 Ripple releases 1 billion XRP in one go!
Ripple has announced the usual monthly release of 1 billion XRP tokens from escrow, leading to a price drop of 2% within hours.
Is it a buying opportunity now?!
🔹 The operation is part of the scheduled distribution mechanism
🔹 The market reacted negatively despite the community being aware of the event in advance
🔹 Investors are concerned about the impact of the new supply on selling pressure
📊 Does this affect XRP's movement in the short term? Keep an eye on support at current levels.
.
$XRP $SOL $DEGO
Ripple has announced the usual monthly release of 1 billion XRP tokens from escrow, leading to a price drop of 2% within hours.
Is it a buying opportunity now?!
🔹 The operation is part of the scheduled distribution mechanism
🔹 The market reacted negatively despite the community being aware of the event in advance
🔹 Investors are concerned about the impact of the new supply on selling pressure
📊 Does this affect XRP's movement in the short term? Keep an eye on support at current levels.
.
$XRP $SOL $DEGO
