Re: Ripple announces XRP lockup, locking up as many as 88% of its current XRP.
Ripple can produce XRP out of thin air,
last time they did it,
was 333 Mil. tokens in january,
so why shouldn´t they "lock" them,
to drive the price up.
last time they did it,
was 333 Mil. tokens in january,
so why shouldn´t they "lock" them,
to drive the price up.
Get your information and details straight. Ripple cannot produce XRP out of thin air. They already created 100 billion XRP from the beginning and released 1/3 of them. If they decide to release more then it will come from the 100 billion they already created not from thin air.