Ripple Contemplates Dumping Over 96 Million XRP, Market Anticipates Impact - Qoneqt
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    Sonal Shridhar Shinde in Crypto News

    28-Dec-2023 11:03 AM


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    Ripple Contemplates Dumping Over 96 Million XRP, Market Anticipates Impact

    Ripple, the blockchain-based payment protocol, is reportedly considering the potential sale of more than 96 million XRP tokens in the near future. The looming possibility of such a significant XRP dump has stirred discussions within the cryptocurrency community, with investors closely monitoring the market for potential repercussions.

    The decision by Ripple to offload a substantial amount of XRP could influence the token's market dynamics, impacting its price and overall market sentiment. As the crypto space reacts to this news, analysts are assessing the potential outcomes and the implications for XRP holders.

    #Ripple #XRP #CryptoNews #Cryptocurrency #MarketImpact #BlockchainUpdate
    Source: Blockchain News