Why The XRP Supply In The Billions Is Not A Problem
Crypto analyst X Finance Bull has laid out a detailed theory explaining why XRP’s large token supply, often criticized as a weakness, could actually serve as a powerful mechanism for institutional ...
Source: NewsBTC
Crypto analyst X Finance Bull has laid out a detailed theory explaining why XRP’s large token supply, often criticized as a weakness, could actually serve as a powerful mechanism for institutional adoption. His analysis comes as XRP community members continue to burn tokens to help reduce supply. In contrast, others demand that Ripple burn its escrowed holdings to drive scarcity and trigger a price spike. The XRP Supply Is A “Catalyst”, Not a “Problem” In an X post on March 18, X Finance Bull observed that many people tend to look at XRP’s substantial supply of 100 billion tokens and, as a result, become alarmed, often describing it as a problem. He explained that the main concern about XRP’s supply stems from the belief that Ripple still controls a large portion of the tokens, estimated at between 39 billion and 44 billion XRP. Related Reading: Pundit’s XRP Projection For Next Bull Cycle Shows When Rally To $100 Is Coming However, instead of seeing this as a negative, the analyst sugg