Will Ripple’s 1 Billion XRP Unlock on June 1st Trigger a Sell-Off?

Ripple Labs is scheduled to unlock 1 billion XRP tokens from its escrow accounts on June 1, with the of over $2.3 billion based on current market prices.  This event is part of Ripple’s ongoing monthly release cycle (which started in 2017), whose goal is to manage the distribution of XRP in a controlled manner. […] The post Will Ripple’s 1 Billion XRP Unlock on June 1st Trigger a Sell-Off? appeared first on Coin Edition.