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❕NEWS Did Ripple Co-Founder Jed McCaleb Sell XRP Again?

aryan4

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Ripple's co-founder Jed McCaleb has released about 40 million XRP from its tacostand wallet in the past two days. Data on transactions came from XRPscan. McCaleb's wallet's current balance is 499.599.172.60537 XRP.
Do you think this will end its sales by the end of 2021?


Ekran Görüntüsü (1516).png
 
Im not surprised, he is selling even when the price is just barely 0.2 what's gonna stop him from selling at 0.5 now. It's a win for him
 
Im not surprised, he is selling even when the price is just barely 0.2 what's gonna stop him from selling at 0.5 now. It's a win for him
Yes to her, the price of XRP apparently does not matter, in any case it continues its sales as planned and signed with Riple. The expectation in the market is that it will end all its sales by the end of 2021.
 
Yes to her, the price of XRP apparently does not matter, in any case it continues its sales as planned and signed with Riple. The expectation in the market is that it will end all its sales by the end of 2021.
It doesn't matter because he is only limited to sell everyday if he can dump everything at once im sure he will wait for a good price. Anyway he will surely get millions anyways
 
Ripple Lab do not promote Ripples, they charge 20 XRP for activation of every new wallet; this might drop the popularity of ripple. Old users have to do all tradings and exchange. McCaleb has nothing to lose.
 
I'm just wondering the benefits of the sales. Is it to make profit or just to sell them off as assets but I hope this doesn't prompt other users to think otherwise and start selling theirs too
 
I'm just wondering the benefits of the sales. Is it to make profit or just to sell them off as assets but I hope this doesn't prompt other users to think otherwise and start selling theirs too
You know, the former founder selling. Within the agreements it has made with Rıpple, it will sell all of the XRP tokens given to it, and there is a mutual agreement in this direction.
 
You know, the former founder selling. Within the agreements it has made with Rıpple, it will sell all of the XRP tokens given to it, and there is a mutual agreement in this direction.
Oh really didn't know about the agreement, this was why I was wondering what's really going on. Okay then since it has nothing wiirh the pending suit then no issues
 
He alone knows the reason why he chooses to flip those high number of XRP coins. But i don't think it will signal the end of XRP being sold out in 2021. I believe Ripple will be available for purchase come 2022.
I think the major impact of the sales has been felt already and I doubt anything new would move the markets much until a final verdict has been given concerning ripple.
 
Even as it stand, Ripple coin isn't affected negatively by such number of coins sold out. I checked at CMC just now, the coin is valued at $0.57 from $0.55 in the last 24 hours.
Yeah! I noticed that xrp is doing well in recent times and I have to say that all it needs to push to and beyond $1 is some positive news from the courts.
 
Okay, its good that you acknowledged the progress XRP coin is making at the moment regardless of lawsuit. I believe its getting better at least with the coin, just expecting the full court verdict concerning the future of the coin.
Do you have any funds invested on xrp? I am caught between getting more or just holding on to what I have to hear what the verdict would be.
 
I don't think it will, because we still have to wait for the final out of the suit between ripple and sec. It might be he moves those xrp coin to someone who want long time investment.
 

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