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December 1, 2024

Ripple Releases 1 Billion XRP Amidst Historical Price Breakout

Ripple made headlines today by unlocking one billion XRP tokens, valued at $1.92 billion at the current market price. This action is part of Ripple’s regular monthly protocol, where they release one billion XRP at the beginning of each month. As XRP continues to break historical price levels, investors are keeping a watchful eye on Ripple’s operations. Understanding the implications of such releases is vital for predicting market reactions and making informed decisions in this fast-paced crypto environment.

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