XRP Price Prediction: 1 billion XRP leaves escrow on November 1, how to check the net amount

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Ripple's next escrow contract for up to 1 billion XRP expires on November 1. Twelve releases in twelve months show that only around 300 million tokens stay in circulation on average, and that is the number that counts for the price. XRP trades at $1.31 on Saturday morning. The price has lost 2.7 percent over the past 24 hours, market capitalisation stands at $82.4 billion and that leaves XRP fifth among all cryptocurrencies (CoinGecko, as of October 17). The date that shapes the coming fortnight is not in the chart, however, but in the ledger: in the night of November 1, Ripple's next escrow contract for up to 1 billion XRP expires. The headline is the same every time: a billion tokens pours into the market. The number that counts is a different one, and over the past twelve months it averaged 300 million. This article weighs the two against each other and shows how to read the actual net amount yourself before the month turns. Where the price can point over a horizon of months ...