Ripple XRP Sales Fall 80% to Historic Low in Q4 2019

Ripple XRP Sales Fall 80% to Historic Low in Q4 2019


Ripple

Sales of Ripple’s XRP token fell a huge 80% to a record low in the fourth quarter of 2019, according to the latest market report published by the crypto firm earlier this week.

The blockchain payments company sold a total of US$13.08 million of XRP tokens between October 1 and December 31 of last year, compared to US$66.24 million in the previous three months. The startling drop off in sales has been attributed to a decline in direct institutional sales as well as the fact that Ripple has paused all programmatic sales, which are XRP sales …

Read The Full Article On CryptoCurrencyNews.com

Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.

All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.

Posted by Caileam Raleigh on January 24, 2020 @ https://cryptocurrencynews.com/ripple-xrp-sales-fall-historic-low-q4-2019/?utm_campaign=rss__ccn&utm_source=rss&utm_medium=rss

Comments are closed.