Seems like $XRP being dumped on key resistance levels is about to end xrp xrparmy xrpcommunity ripple xrpl
, Jed McCaleb, co-founder of Ripple Labs and its former CTO, has less than 14 million XRP left in his wallet. In just the past seven days, McCaleb has sold about 40 million of the remaining XRP. At this rate, the crypto community can expect this story to unfold in the next couple of days.
Recall that McCaleb left Ripple Labs in 2013, then known as OpenCoin, because he saw the company developing in afrom the other co-founders. He was eventually compensated nine billion XRP for his services as the company's first CTO and for helping to build it. McCaleb was contractually prohibited from selling his vast stock of XRP at one time, and the parties outlined a timetable for selling XRP in small increments. At the same time, token fans and holders themselves haveGlobally, XRP is trading in a range of 0.3 to 0.345 cents per token, where it has fallen sincein mid-June. The 0.345 mark is an important resistance level that XRP tried and even managed to break once at the beginning of the last week of June.
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