In the XRP community with cryptic news, Kryptoanalyst Del CrXpto has triggered speculation that indicates possible major changes to Ripple’s trust strategy. His Tweets pointed to a fundamental announcement that redesigned the role of XRP.
Del warned that investors only have a limited time window to act before the opportunity disappears. His message is vague, but has increased curiosity about the next step of Ripple in relation to its XRP stocks that are stored in the trust account.
The latest tweets from Del Crxpto have triggered a lot of speculation, especially because of the secret that surrounds its claims. In one of the tweets, he said that investors still have time to act, but the opportunity could be short -lived.
In another Tweet he claims that he should no longer say ”and only commented on“ XRP ” – which fueled the rumor that Ripple will announce something big.
The tweets have further fueled the ongoing discussion about Ripple’s monthly trust releases. Since 2017, Ripple has released a billion XRP from his trust account every month. However, most of it is blocked again, so that a large part does not get into circulation. This has led to many debates on how long it will go on and whether there is a change of course in this regard.
In the crypto community, several suggestions for Ripple’s trusted XRP are circulating. One of them is highly controversial: the handover of Riples stored token to the US government.
The idea came up after President Donald Trump commented on XRP’s potential for a national cryptor reserve. Proponents say that it is easy to change just a code change to redirect the recipient of the Escrow Unlocks. You claim that this would make XRP more legitimate and possibly let the course increase. Some even say that he could rise to $ 960. But that is speculative and unlikely given the preference of the government for Bitcoin.
Another proposal stipulates that Ripple donates his XRP to the XRP Ledger Foundation on the trust account. Panos Mecras of Anodos Finance says that Ripple shouldn’t keep more than 10 billion XRP and suggested using the remaining tokens for grants, marketing and education. David Schwartz, CTO of Ripple, considers this unrealistic. He is concerned about handing over control to an external party without guarantees for a responsible use.
A third proposal is to burn the entire trust supply to create scarcity and drive up the course. Supporters of this idea refer to the token burning of Stellar in 2019 as a model case. But Schwartz says that it didn’t work at all.
While the speculation is increasing, warnings are still in the social media. His cryptic comments have brought Ripple’s trust strategy back into the spotlight, and the XRP community is alerted and is waiting for the situation to be clarified.
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