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Crypto Patel
@CryptoPatel

Ripple's Unexpected Move 🚀


This April, #Ripple surprised everyone by releasing just 500M XRP from its escrow, instead of the usual 1B. 🤯


🔹 What's Happening?

▶ Only half the expected amount was released this month.

▶ The 500M $XRP worth a cool $314.87M, is out there, but the rest stays put.

▶ Ripple’s strategy? Still on track, says Bill Morgan.

▶ Ripple's escrow now has 4.5B XRP left, with eyes on the next release come May 1st.


🔹 Impact?

#XRP price might see some action.

▶ It’s all about keeping liquidity flowing for Ripple's partners.


Join X for Quality Analysis:   twitter.com/CryptoPatel


#Cryptonews #Halving #Tether

$BTC $SUI $GAJ $LTC

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April 01, 2024 at 4:52 PM
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