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According to whale Alert the transaction was done in two batches with 500 million XRP at a time .

Currently the XRP is the third most powerful Crypto currency at the moment with a market capitalization of $14.3 billion.

The release of 1 billion XRP from escrow account is which is equivalent of $269 million was to allow make Ripple more available to investors.

How do you see this affecting the price of ripple?

 

[KarthikP]

If the supply is more , the demand will be less and therefore the price may slightly decrease. I am not exactly sure if what I said has a point. But now xrp is trading at high price.

 

[Brain]

Ripple is following bitcoin at heel as the next high demanding coin and people are really investing in it. I hope to invest in this too as it is doing well in the market now

 

[Josemendez]

Presently , ripple has been entertaining high market trade volume in the past months and thus this volume will add to the existing ones and offer more opportunities for all

 

[Niftyicon]

I guess this will give investors more opportunities to get more. Ripple has acquired some good reputation, so I think it is a coin worthy of investing in.

 

[Josemendez]

I guess this will give investors more opportunities to get more. Ripple has acquired some good reputation, so I think it is a coin worthy of investing in.

Yeah . It is just a matter of time and the coin will skyrocket . I have been investing on it for some time now and I believe in its future . I advice you do so

 

[Niftyicon]

Yeah . It is just a matter of time and the coin will skyrocket . I have been investing on it for some time now and I believe in its future . I advice you do so

I am planning to do so with the next available funds that I get. Personally, I always see those top coins as ones with great potential.

 

[Wisdom01]

If they are only increasing the supply and not the demand the price would be surely affected it might even fall further to a large extent

 

[Josemendez]

If they are only increasing the supply and not the demand the price would be surely affected it might even fall further to a large extent

I think this is why the coin has not risen so far ,it is only the supply that is increased most times . Although there is demand but it is small compared to supply

 

[Brain]

The supply has been on the increase lately and people are really embracing it a long with bitcoin. An increase in its price will set in more supply.

 

[sixseight]

Try to increase it more and it ends up like dogecoin. XRP is great for investing if the price wont drop anytime soon. What i like about ripple is how fast and cheap their transaction cost is.

 

[BullyMaguire]

Will affect the price a bit.. but it's still worthy to be invested to. Just hope that Ripple controls and plan their releases so it doesn't drop.