He argued that the circulating supply of XRP on exchanges is much smaller than many people realize. According to him, a significant amount of XRP has been lost forever. He also estimated that around 20 billion XRP is currently on exchanges, which he categorized as “Low Supply.”

In response, community member Rookery Heart emphasized that the exchange XRP supply is “extremely tiny.” Heart suggested that it would only take one major player purchasing XRP off exchanges to send the price soaring.

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