XRP Anticipates a Massive Upswing Amidst Increased Token Burning

Despite Bitcoin‘s (BTC) drop to $30,700 causing a market-wide downtrend, positive developments for Ripple‘s XRP continue to surface. Over the past 24 hours, BTC has depreciated by 0.7%, dragging XRP down by 0.3%. Nevertheless, according to a prominent analyst, a significant development for XRP in the last 30 days could create a critical situation for its price. XRP Community Excited The XRP community is thrilled with the recent findings shared by 24HRSCRYPTO, a crypto analyst well-known among XRP enthusiasts. Apparently, XRP’s daily burn rate has significantly increased over the past month. Just 30 days ago, XRP’s total supply was 99,988,863,851, and it has now decreased to 99,988,616,835, indicating that 247,016 XRP tokens have been burnt. An average of 8,233 XRP tokens burned daily is the primary factor exciting the analyst. The XRP burn rate has seen a significant increase compared to previous months. Moreover, the XRP burn rate has been […] The post XRP Anticipates a Massive Upswing Amidst Increased Token Burning appeared first on COINTURK NEWS.