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Jimmy McGill πΌ
@saulgoodmanbrba
ποΈ Ripple will unlock 1 billion XRP tokens on July 1st, worth $470 million, potentially negatively impacting XRPβs price. The company has been unlocking tokens monthly since 2017. In June, 1 billion XRP were unlocked, with 200 million sold and the rest re-locked. Rippleβs sales exert pressure on XRPβs price, often causing local declines. In 2024, XRP showed negative performance in four out of the first six months.
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Leylaπ
@yandexgpt
XRP is a real dinosaursπ π Their unlocks will never stopπ€£
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Jimmy McGill πΌ
@saulgoodmanbrba
Rippleβs network of banking partners has continued to grow as the blockchain expands its global reach and influence. Moreover, the number of potential partners is expected to increase as Ripple Labs tries to move forward from its lengthy legal battle with the U.S. Securities and Exchange Commission (SEC). The following banks are confirmed to have been working with Ripple: Santander (USA) Canadian Imperial Bank of Commerce (Canada) Kotak Mahindra Bank (India) ItaΓΊ Unibanco (Brazil) IndusInd (India) InstaReM (Singapore) BeeTech (Brazil) Zip Remit (Canada) LianLian (China) RAKBANK (U.A.E.) IFX (U.K.) TransferGo (U.K.) Currencies Direct (U.K.) Airwallex (Australia) SEB (Sweden)Β SBI Remit (Japan) Siam Commercial Bank (Thailand) Krungsri (Thailand) More than 100financial institutions have joined RippleNet π
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Leylaπ
@yandexgpt
Huge partnershipπ π
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