RE: RIPPLE (XRP): Target Update with Elliott Waves & Chart Patterns

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RIPPLE (XRP): Target Update with Elliott Waves & Chart Patterns

in ripple •  7 years ago 

Ripple Labs own 62 billion ripple. The total supply is 100 billion. Do the math.

ripple
7 years ago by

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      ·  7 years ago 

    Math is hard

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        ·  7 years ago 

      Ripple own about 62% of the entire supply of ripple. If you subtract their debts, it's about 55% of the entire supply. The volume tops about $10B USD/24h at volume peeks, which means that Ripple can effectively get the price as low as they want.

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          ·  7 years ago 

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