Sale of Ripple (XRP) Tokens Blamed for Collpase in Value

BTCmanager | Aug 25, 2019 at 12:00 AM
  • The reason why XRP price has been falling during 2019 could be due to a continuous sale of XRP by Ripple.
  • For this reason, the company announced publicly to move 55 billion XRP to escrow in May 2017.
  • Many investors believe that the 2019 price drop is mainly due to an increase in monthly XRP sales which prevented a price recovery.