Ripple co-founder Jed McCaleb has sold more than a billion XRP so far and has another 4.7 billion left to sell, according to a new analysis. Analysis by blockchain monitor Whale Alert suggests that Ripple co-founder Jed McCaleb sold off more than one billion XRP between 2014 and 2019.
At any event, who owns the most XRP?
Consequently, the largest holder of XRP tokens is Ripple. For example, according to what Forbes reveals, it seems that Chris Larsen, co-founder and former CEO of Ripple until November 2016, held a little more than 5.1 billion XRP, equal to about 1.1 billion dollars, in addition to a 17% stake in the company itself.
More than that, is XRP being used? XRP is not being used in production, but the bank is still working with Ripple labs.
So is, will ripple rise again?
However, as a long-term investment, it projects that Ripple could perform much better. According to its predictions, the value of the Ripple XRP token could rise to $0.46 by the very end of 2020, rising to $0.58 in 2021, and achieving a mean price of $2.32 by 2025.
Will XRP ever go back up?
Ripple Price Prediction 2021 – 2022 FOMO will likely help push XRP back to former highs and beyond. The pent up momentum from the downtrend could result in as high as $75 XRP before 2023.