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❕NEWS XRP and Binance moves a total of $63,104 ,145 worth of xrp in one hour

Josemendez

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According to U.today , XRPL monitor has tweeted that over the past 24 hours , that the huge transaction worth $83,104,145 was recorded in the blockchain.
It was further reveal that Binanance moved a total of 300 million Xrp while Ripple tech decacorn performed a total of 12.5 million XRP transaction twice .
 

Brain

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Does this movement benefit in Any way because I will like to know why there's such movement. But if it isn't detrimental in any, then no problem
 

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It could have advantage on the recieving platform been that it increases their asset worth, trade volume and offocourse more revenue from charges
 

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Well this would increase the volume of ripple more , because what i notice in the coin is that the price isn't rising high but the volume is increasing more and i do wonder why its so
 

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Well this would increase the volume of ripple more , because what i notice in the coin is that the price isn't rising high but the volume is increasing more and i do wonder why its so
Yeah ,I wish the price could corresponds with the trade volume of the coins, people subscribe to it but yet no increase in the value, I hope it doesn't end up like Doge coin.
 

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Yeah ,I wish the price could corresponds with the trade volume of the coins, people subscribe to it but yet no increase in the value, I hope it doesn't end up like Doge coin.
From what i read some days ago i think the managememts are putting more supply of the coin imstead of increasing the demands of the coin so the price will increase
 

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From what i read some days ago i think the managememts are putting more supply of the coin imstead of increasing the demands of the coin so the price will increase
I realized that coin supply is not limited so very likely it will take longer time for the price to rise, if the supply of a coin is limited it has a better chance.
 

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I realized that coin supply is not limited so very likely it will take longer time for the price to rise, if the supply of a coin is limited it has a better chance.
I never knew it had an unlimited supply because i read a post earlier on saying the management is planning on putting 1 billion ripple in the market,
 

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I realized that coin supply is not limited so very likely it will take longer time for the price to rise, if the supply of a coin is limited it has a better chance.
I think you are right here. Ripple has unlimited supply which means that the supply in most cases will always be greater than the demand . This is just the case .
 

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I think you are right here. Ripple has unlimited supply which means that the supply in most cases will always be greater than the demand . This is just the case .
When once the supply is higher then demand might not be in high side, then people know they can always get it anytime it is needed. But it will be better for supply to be limited to cause a hike in price
 
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