Ripple’s XRP Set to Torch 10% of Total Supply – Truth or Hype?

Ripple drops a bombshell: XRP''s supply could shrink by 10% in a fiery token burn. Market braces for impact.

Supply Shock or Smoke Screen?

The proposed burn would permanently remove 10% of XRP''s total circulation—enough to make any crypto trader''s pulse race. But skeptics whisper this might just be another ''supply crunch'' narrative to pump bags.

Bankers'' Nightmare Fuel

If executed, the move would defy traditional finance''s inflationary playbook—where ''printing more'' beats ''burning assets'' any day. Wall Street would clutch its pearls watching value get deliberately destroyed.

XRP Army''s Holy War

Community reactions split faster than a Bitcoin fork. True believers hail it as deflationary genius. Critics call it a desperate ploy to revive stagnant prices. Meanwhile, hedge funds quietly recalculate their short positions.

The Verdict?

Whether this is crypto-economics 2.0 or just financial arson, one thing''s certain: in the land of digital assets, burning money has never looked so profitable. Until the SEC files its inevitable objection, of course.

Moreover, XRP has a total supply of 100 billion tokens, according to CoinGecko. Burning 10% WOULD mean eliminating 10 billion XRP, which is over 700 times larger than the amount burned in the entire history of the XRP Ledger so far. Based on current burn rates, it would take centuries to reach a 10% reduction in supply.

Also, XRP doesn’t burn tokens or buy them back the way some other cryptocurrencies do. XRP’s burn process is simple and built into how the network works. Each transaction includes a tiny fee that gets permanently removed, helping stop spam and keep the system clean.

The above-mentioned speculations arose from a post by RealFi that claimed buring 10% of REALFI token supply on XRP Ledger. The mention of token burn and XRP Ledger in the same sentence led to the confusion around Ripple burning XRP.

Also Read: XRP ETF Deadline Nears! How Will It Impact XRP Price?