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Why do the circulation of XRP decease significantly


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Posted (edited)

^^

Yes.

 

Maybe you're wondering if a cone with it's own inbuilt DEX and stupidly low transaction fees could be a threat to an exchange?

 

Edited by PlanK
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1 hour ago, RipMcGillicuddy said:

CMC rugging XRP as it starts its launch again?

CMC is manipulating XRP marketcap?

Regarding coindesk, it seems they calculate marketcap as Total supply x Current price (not Circulating supply x Current price)

BTW - Total XRP Distributed 46 030 731 641 (as of April 25th, 2021)
source: https://ripple.com/xrp/market-performance/

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Posted (edited)

I wrote off the CMC numbers shortly after seeing it this morning, given their record of XRP shenanigans. However, now I see that XRP Stats is also showing roughly the same number.

@Wietse can you help us understand how the numbers changed this much? Looking at your page on Escrow stats, it doesn't seem like an additional 10-11 billion XRP have been locked up recently.

 

Edit: idk how to tag users on the forum

Ok I got the tag thing figured out, but I see that I was misunderstanding how XRP Stats was presenting the data. False alarm.

Edited by efFofexX
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Posted (edited)
6 minutes ago, efFofexX said:

I wrote off the CMC numbers shortly after seeing it this morning, given their record of XRP shenanigans. However, now I see that XRP Stats is also showing roughly the same number. @Wietse can you help us understand how the numbers changed this much? Looking at your page on Escrow stats, it doesn't seem like an additional 10-11 billion XRP have been locked up recently.

 

Edit: idk how to tag users on the forum

@Wietse@WietseWind

It depends where the data is from, he might get de data from the same api or with the same query or from CMC, who knows ...

Edited by Triceratops
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