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2019-12-01 18:35:39 Cryptopolitan

One billion XRP unlocked from Ripple’s escrow accounts

One billion XRP unlocked for December 2019 is as per Ripple’s pre-determined schedule. The announcement regarding unlocking of one billion XRP from the escrow account of Ripple has triggered whale movements in the crypto realm. Though it is meant for the supply allotment, it will certainly cause movements in XRP price since it is currently in a tight spot. At the current price of the XRP, this release will pump in around two hundred twenty-five million dollars ($225M) into the system. Currently, XRP is resting snug at $0.20 price levels. However, if it falls below this support zone, it could