XRP price prediction: 398 XRP burned in a day against 1 billion from the escrow

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.The XRP Ledger destroyed 398.19 XRP for good on Sunday, measured by the difference between two ledgers. On November 1 the escrow releases 1 billion XRP. What that ratio means for the price and which level at $1.28 now counts.The XRP Ledger destroyed 398.19 XRP for good on Sunday. That is no estimate but the difference between two closed ledgers: early on Saturday afternoon the network showed 99,985,590,096.59 XRP, by Sunday afternoon 99,985,589,698.40. On November 1 the counter-movement arrives, when the escrow contracts open and release 1 billion XRP. A factor of 2.5 million separates those two figures. Where the price can point over a horizon of months is set out in our XRP price prediction. This piece takes on the supply side, with numbers that come straight from the blockchain and that nobody else reports in this form. Ledger 107,739,858: what the XRP Ledger shows on Sunday afternoon Every closed ledger carries a field called total_coins. It states how many XRP exist at that...