1 Billion XRP Worth $225M Released from Escrow; Still OK to Hold Ripple’s Token?

Ripple, Inc. unlocked its monthly escrow, raising more questions about the performance of XRP. Over the course of 2019, the token has underperformed, also losing hopes of an end-of-year rally. XRP Long-Term Holding Still Won’t Pay XRP is still down around 30% this year, as 2019 nears its end. The latest unlocking of the scheduled escrow tranche releases 1 billion coins. It is uncertain how many of them would be distributed or sold by Ripple.Read MoreThe post 1 Billion XRP Worth $225M Released from Escrow; Still OK to Hold Ripple’s Token? appeared first on Bitcoinist.com.