Total XRP Burn Crosses $6.8 Million, What Percentage Of Supply Is Gone Forever?
Summary
The XRP community is actively burning tokens to reduce the circulating supply, with over 12 million XRP burned, totaling $6.8 million. However, this is only 0.012% of the max supply of 100 billion. The active accounts on the XRP Ledger have crossed 5 million, indicating growing interest in the asset. Ripple faces allegations of price suppression, but CTO David Schwartz denies significant changes in XRP holdings or dumping coins.
