RIPPLE LOCKS BACK 200 MILLION XRP
Ripple has just locked another 200 million XRP (about $272 million) into an escrow account, continuing its monthly supply management mechanism.
๐ There are still 31.28 billion XRP locked. Although up to 1 billion XRP is typically released each month, Ripple often locks back most of it, so only about 200โ300 million XRP is actually put into circulation.
๐ก This mechanism helps the supply $XRP
to be transparent and predictable, so monthly unlock events have little impact on price.
Ripple has just locked another 200 million XRP (about $272 million) into an escrow account, continuing its monthly supply management mechanism.
๐ There are still 31.28 billion XRP locked. Although up to 1 billion XRP is typically released each month, Ripple often locks back most of it, so only about 200โ300 million XRP is actually put into circulation.
๐ก This mechanism helps the supply $XRP
to be transparent and predictable, so monthly unlock events have little impact on price.
