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Ripple Moves 900M XRP From Escrow, Is $25 Target Possible?

CoinGape LogoCoinGape10h ago

Ripple Moves 900M XRP From Escrow, Is $25 Target Possible? - CoinGape

Quick Summary:

In a riveting turn of events, American blockchain payments company Ripple stole the spotlight on Friday, unlocking nearly 900 million coins from escrow.

The massive unlock emerged in tandem with noteworthy lawsuit developments, sparking market discussions over future price action.

These escrow transactions, boosting the token’s market supply, have raised investor concerns amid the token’s current volatile run.

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Ripple Moves 900M XRP From Escrow, Is $25 Target Possible? - CoinGape (Picture 1)

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Article Details

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-01 @ 12:30:34 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 399 words

Reading Time: 3 minutes read

Sentences: 35 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 23364091

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About CoinGape

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Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 26 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

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The story "Ripple Moves 900M XRP From Escrow, Is $25 Target Possible?" has 399 words across 35 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "Ripple Moves 900M XRP From Escrow, Is $25 Target Possible?" was covered 10 hours ago by CoinGape, a news publisher based in India.

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The outlet is headquartered in India and publishes an average of 26 news stories per day.

It's most recent story was published 8 hours ago.

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  • URL: https://beamstart.com/news/ripple-moves-900m-xrp-from-17304644951787

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