bitcoin
XRP Burn Rate: Here’s How Many Coins Are Gone Forever
📰 sources⭐ 6.0
TL;DR:
XRP’s huge circulating supply is always a point of discussion among many market participants. This discussion is always around how it can realistically trade at huge price levels in the double and triple digits with such a huge total supply.
Key Points:
Background:
Bitcoin is the first and largest cryptocurrency by market capitalization, often viewed as digital gold and a store of value.
Why It Matters:
This development could influence XRP price action and market sentiment in the near term.