XRP on verge of reclaiming $100 billion market cap, marking historic comeback since its 2018 all-time high peak
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The fact is that the number of tokens in circulation then was much smaller, which is explained by the tokenomics of XRP, where out of almost 100 billion tokens, 55% were blocked in the escrow accounts of the crypto company . Subsequently, with monthly unlocks, the number of tokens in circulation has reached 57.05 billion XRP to date, which allows the token to have a capitalization of $25 billion more at a similar price as in 2021.
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