Every month Ripple releases a billion XRP tokens into the ecosystem. XRP/USD is currently priced at $0.312. Ripple announced that they have unlocked a billion XRP tokens from their escrow worth ~$314 million. Every month Ripple releases a billion XRP tokens into the ecosystem, from which the company sells a portion to crypto exchanges and institutions. Whale Alert tweeted: ” 1,000,000,000 #XRP (320,072,524 USD) unlocked from escrow at Ripple Escrow wallet.” As per the XRP Markets Report that Ripple released last week, the company sold $251.51 million worth of XRP in the second quarter of this year. While Ripple owns more than half of the total supply of XRP, the majority of it remains in escrow. Since 2016, Ripple has sold XRP worth $1.14 billion, of which 64% were sold to institutions and 36% to crypto exchanges. XRP/USD daily chart XRP/USD has had to bearish days in a row as the price fell to $0.311 and is currently priced at $0.312. The 20-day simple moving average (SMA 20) is acting as immediate market resistance. The narrowing of the 20-day Bollinger jaw indicates decreasing market volatility. Elliot oscillator has had nine straight bullish sessions and the moving average convergence/divergence (MACD) shows sustained bullish momentum. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Zcash founder appeals for new “Dev fund” for Zcash FX Street 4 years Every month Ripple releases a billion XRP tokens into the ecosystem. XRP/USD is currently priced at $0.312. Ripple announced that they have unlocked a billion XRP tokens from their escrow worth ~$314 million. Every month Ripple releases a billion XRP tokens into the ecosystem, from which the company sells a portion to crypto exchanges and institutions. Whale Alert tweeted: " 1,000,000,000 #XRP (320,072,524 USD) unlocked from escrow at Ripple Escrow wallet." As per the XRP Markets Report that Ripple released last week, the company sold $251.51 million worth of XRP in the second quarter of this year. While Ripple owns… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.