Could A Post Swell Ripple Dump Cause Xrp To Drop Another 50

Could A Post-Swell Ripple Dump Cause XRP To Drop Another 50%?

Could A Post-Swell Ripple Dump Cause XRP To Drop Another 50%? Although ripple’s 150 million xrp dump is not its first transfer this year, a potential sell off could have a drastic effect on xrp. historically, xrp’s value tends to experience slight declines after ripple sells its tokens. Xrp is still hovering around $2.5 after a recent dump following trump’s strategic reserve announcement. but some analysts think that the last drop could be the one that sets the stage for a major rebound.

Ripple XRP MASSIVE DROP!!! “PREPARE NOW!” - MED PODD

Ripple XRP MASSIVE DROP!!! “PREPARE NOW!” - MED PODD Xrp continues to hover around $2.50 following a steep correction, sparked in part by geopolitical uncertainty and market reactions to trump’s strategic reserve announcement. but some analysts believe this drop may have marked a generational bottom, setting the stage for a major rebound. Xrp risks declining further in the coming weeks despite its eye grabbing intraday price moves. Therefore, it is possible that ripple could add even more selling pressure to the already record high 470 million xrp. on that note, this month’s activity happens a few days before the u.s. presidential election. Historically, ripple’s major sell offs have led to notable price declines, as seen in june 2024, when a 400 million xrp dump resulted in a nearly 20% price drop within a week.

28 Million XRP Dump Stuns Ripple Community

28 Million XRP Dump Stuns Ripple Community Therefore, it is possible that ripple could add even more selling pressure to the already record high 470 million xrp. on that note, this month’s activity happens a few days before the u.s. presidential election. Historically, ripple’s major sell offs have led to notable price declines, as seen in june 2024, when a 400 million xrp dump resulted in a nearly 20% price drop within a week. Ripple’s transfer of $438m xrp to an unknown wallet has triggered panic across the market, raising fears of an impending dump. The article analyzes ripple's historical dumping patterns since the implementation of escrows in 2017, shedding light on the company's selling strategies' impact on xrp prices. Prominent crypto payment firm ripple may be set to offload as much as 400 million xrp this june, negating past trends. this inference is drawn from ripple’s atypical xrp transaction activities observed during the unlocking of 1 billion xrp for the month.

New Report Shows Real Cause Of Over 45% XRP Price Drop - Times Tabloid

New Report Shows Real Cause Of Over 45% XRP Price Drop - Times Tabloid Ripple’s transfer of $438m xrp to an unknown wallet has triggered panic across the market, raising fears of an impending dump. The article analyzes ripple's historical dumping patterns since the implementation of escrows in 2017, shedding light on the company's selling strategies' impact on xrp prices. Prominent crypto payment firm ripple may be set to offload as much as 400 million xrp this june, negating past trends. this inference is drawn from ripple’s atypical xrp transaction activities observed during the unlocking of 1 billion xrp for the month.

Could a Post-Swell Ripple Dump Cause XRP To Drop Another 50%