Ripple’s Monthly $1B Token Release Triggers 2% XRP Price Drop

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Story Highlights* Ripple monthly release of 1 billion XRP tokens from escrow, triggering a 2% drop in price.

  • Out of 1 billion XRP unlocked, only 330 million new tokens entered the market.
  • Meanwhile, the trading volume dropped 18% to almost $2 billion following Ripple’s June XRP release.
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