Ripple has little effect on XRP price, says former director: Here are real key factors xrparmy xrpcommunity xrpl xrpledger xrpthestandart ripple ripplesec $xrp
Hamilton pointed out that Ripple is indeed the largest holder of XRP, possessing approximately 48 billion tokens. However, he highlighted that the majority of these holdings are kept in escrow contracts.
These contracts release a portion of the XRP monthly, withAs for influencing price, the totally daily sales volume globally of XRP is about 4B XRP, so Ripple's holdings are pretty small in comparison. The price of XRP mostly follows the test of the market and mostly follows BTC.Consequently, Hamilton argued that Ripple's influence on the market is relatively limited considering the global daily sales volume of XRP, which stands at around 4 billion tokens.
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