Ripple to Place 55 Billion XRP in Escrow to Ensure Certainty Into Total XRP Supply

in #ripple8 years ago

https://ripple.com/insights/ripple-to-place-55-billion-xrp-in-escrow-to-ensure-certainty-into-total-xrp-supply/

First off I just wanted to share this link with you.

Obviously if this happens it will definitely increase the value of XRP. I think this is why over the last few days we have seen a 10 cent increase and the volume spike. It looks to me that it's currently rejecting the price for 33+, however I see it breaking 40 cents over the next couple of days if not by the end of today.

I'm excited about what Ripple is doing for the banks and it seems like the banks are just as excited. I don't think it's too late to jump on board. 30 cents is a steal IMO.

I am also invested in Stellar. I like their decentralized platform that eliminates banks altogether. Any thoughts on it?

Also, as some of you may or may not know, there's a big convention on May 22nd in NYC that will release a lot of information regarding Ethereum, ripple, and many other coins.