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<ul class="news-points"> 
 <li><strong>A cryptocurrency enthusiast questioned XRP’s ability to “pump” due to the amount of tokens introduced to holders each month.</strong></li> 
 <li><strong>Another enthusiast compared XRP’s inflation rate to SOL’s, which saw a price pump many times.</strong></li> 
 <li><strong>At press time, SOL was worth $63.29 after over 6% price increase while XRP’s 1.16% price increase saw its value rise to $0.6205.</strong></li> 
</ul> 
<p>Cryptocurrency enthusiast, Matt Day, shared in an <a href="https://x.com/MattDay69210731/status/1732227087241527724?s=20" target="_blank" rel="nofollow">X post</a> earlier this morning that <a href="https://coinedition.com/tag/ripple-xrp/">Ripple (XRP)</a> never pumps. According to Day, Ripple dumps hundreds of millions of tokens on its holders at the beginning of every month. He also asked how Ripple will ever “run” if this is the case.</p> 
<p>In response to this, Bill Morgan, cryptocurrency analyst and enthusiast on X, stated in his post that Ripple releases XRP tokens each month, resulting in an inflation rate of about 6%.&nbsp;</p> 
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   <p lang="en" dir="ltr">The release by Ripple of XRP from escrow each month gives an inflation rate in respect of the circulating supply of about 6% per annum. It is comparable to Solana’s current inflation rate and Solana has been pumping like crazy the last few months. <a href="https://t.co/l6846KaaeZ" target="_blank" rel="nofollow">https://t.co/l6846KaaeZ</a></p>— bill morgan (@Belisarius2020) <a href="https://twitter.com/Belisarius2020/status/1732228233398214920?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">December 6, 2023</a>
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<p>According to Mor…</p>
<p>The post <a href="https://coinedition.com/does-xrps-monthly-token-release-hinder-its-potential-to-pump/">Does XRP’s Monthly Token Release Hinder Its Potential To Pump?</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Does XRP’s Monthly Token Release Hinder Its Potential To Pump?

Coin Edition

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