Will XRP Price React To Ripple’s 1B XRP Unlock On January 1?

Quick Summary:

On January 1st, the market will witness 2025’s first token unlock event, but it is a matter of concern for some, as the Ripple token is performing significantly well on the charts.

Ripple unlocks 1 billion XRP every single month to fund its operations.

Ripple has locked 55B XRP tokens, which is nearly 55% of the total XRP supply, in an escrow account.

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Author / Journalist: Pooja Khardia

Category: Crypto

Markets: India

Topics: Ripple price XRP price prediction Ripple Escrow 24/7 Cryptocurrency News

Source Website Secure: Yes (HTTPS)

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Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-26 @ 11:12:24 (23 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 596 words

Reading Time: 4 minutes read

Sentences: 48 lines

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Copyright Owner: © CoinGape

News ID: 24672036

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