Does anyone know how much XRP currently has left? I'd like to monitor how much he's left over as I believe we might only see movement in the market when he has completely disinvested his total holdings.
Article from late June tries to paint a picture that hes nearly finished after selling 25% only lmao https://protos.com/mccaleb-jed-ripple-labs-founder-finished-selling-crypto-xrp/
McCaleb has sold almost 2.4 billion XRP so far this year, equivalent to over 25% of his original founder’s reward (9 billion XRP).
In that time, XRP’s price has been extremely volatile, ranging from $0.22 to $1.96 at its peak on April 14 — the token’s highest point in three years.
XRP’s price averages out to $0.82 across days that’ve seen McCaleb sell tokens in 2021.
This makes it likely McCaleb generated about $1.95 billion from XRP sales in the past six months alone.
XRP traded for $0.64 at time of writing, down 67% since the 2021 top.
Ps i dislike xrp centralisation and only see it as any good to possibly help onboard banks and governments initially. It plays their game and is easier for them to swallow. Othet than that another shitcoin in this writers opinion for now. Its future is just a stable coin for now as too many can dump and suppress it, or rebuy and fake pump before they sell even more
Quote May 9th / 2020 by Jed McCaleb the co-founder and Chief architect of the Stellar Development Foundation, an open network that connects the world’s financial infrastructure.
"Here is why I think blockchains are (still) the answer to how we build a more dependable, accessible and connected world - It promotes interoperability and inclusion A blockchain allows seemingly disparate systems to connect even though they don’t have a formal relationship with each other. While this might not sound very exciting, the socioeconomic impact is enormous. Because this connection means a world with over 180+ different monetary systems could work together on a single platform. That represents billions of people in the world being able to seamlessly transact and interact".
The month of February marks the beginning of bringing this idea into fruition (in my opinion) - Stellar / USDC
I can’t grasp how many people still consider Ripple a non-sketchy company. Jed McCaleb has been selling off billions of XRP over the last years.
https://u.today/jed-mccaleb-cashes-out-1358-million-xrp-over-past-week-balance-shrinks-to-763-million
Jed McCaleb (/u/Jed2000) and Denelle Dixon (u/DenelleDixon) will be holding an AMA Wednesday at 9:00AM PT (4:00PM UTC) to answer your questions about recent updates at SDF - including partnerships, Stellar tech updates, and 2020 Anchor strategy.
The AMA will be held in this thread and will run approximately an hour.
Verification: https://twitter.com/StellarOrg/status/1295795732545507328
Twitter: JedMcCaleb| DenelleDixon
If you can't attend the event, please leave your questions below!
Disclaimer:
Stellar Development Foundation does not endorse any third party organizations that are named in this and/or any other communication(s). Please conduct due diligence and interact with these organizations at your discretion.
