I love people having fun while XRP pumps massively due to the new US Gov probable projects.
But wait a minute, Ripple Labs is huge and will always be on the news, they won the fight with the "WORST SEC Ever" (for crypto), and now they're in the Gov.
Price is pumping.. Gov using XRP will pump it even more?
- Well, I Don't Think So!
Ripple Labs has most of the tokens, by 2021 6,4% in their hands and 48,2% to the project itself.
- Basically, when the price goes high enough, they diminish the volatility taking profit.
'Good' side of XRP tokenomics:
- In december 2017 started and in Dec 2023 was (as much where I dug to know) the last inflationary measure taking out 1Bi tokens on monthly basis of 55 months straight.
I'm not a fan of XRP, I know they will always exists in our lifetime and I don't invest in it.
