XRP Struggles Amid Founder’s Hidden Sales: Ripple Co-founder Liquidates $764 Million Worth of XRP

A recent revelation about Ripple co-founder Chris Larsen has reignited debate within the XRP community about the impact of internal token sales on cryptocurrency pricing. Larsen reportedly liquidated $764 million in XRP over a seven-year period, employing a program to avoid market fluctuations. This action, though legal and transparent, sparked tensions among XRP investors who argue that ongoing internal sales have held back the token’s growth potential. The timing of these sales coincides with significant price movements within the crypto market, prompting discussions about their effects on market dynamics and investor perception.