🔥 *XRP Burn Nears 14 Million Milestone!* 🔥 🚨 The XRP Ledg
CryptoPotato
Updated at: 8 hours ago
{"content":"🔥 *XRP Burn Nears 14 Million Milestone!* 🔥
🚨 The XRP Ledger is about to hit a major milestone — *14 million XRP* permanently burned! 🪙🔥
Here’s what that means & why it matters:
🔍 What’s XRP Burn?
Every time an XRP transaction happens, a small amount is destroyed (burned) as a fee — permanently removing it from circulation. 💨 This helps:
- Prevent spam on the network
- Slowly reduce total supply over time
- Potentially increase long-term value due to scarcity 📉➡️📈
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📊 Why It Matters Now
- The *burn rate has picked up*, reflecting increased network activity 🚀
- More usage = more burn = more deflationary pressure 💥
- Total supply is 100B XRP — but every burn chips away at that 🔥
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🔮 Prediction & Outlook
If activity continues rising:
- 🚀 We could see XRP trend back toward *2.60–2.70*
- 📈 Bullish signs if demand outpaces the burn effect
But caution: price impact from burning is slow and steady — not immediate.
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👀 Eyes on: if network upgrades or legal clarity boost usage, XRP burns could accelerate further.
💬 HODLing or buying the dip? Let’s see who’s ready for liftoff! 🚀💸
#MarketRebound
$XRP
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