RATE Group | XRP Inflation Rate Five Times Higher Than Bitcoin’s
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XRP Inflation Rate Five Times Higher Than Bitcoin’s

01 Jun XRP Inflation Rate Five Times Higher Than Bitcoin’s

Posted at 01:58h in Bitcoin News by

Data from research firm Messari indicates that Ripple’s circulating supply (XRP) inflation rate is coming up to 20% for the latest financial year. Highest among the large-cap crypto assets, it is five times that of Bitcoin’s (BTC).

Inflation vs. price

Messari researcher Florent Moulin shared the information on Twitter stating that Bitcoin is up 20% since last year, but in contrast, XRP is down 47% —- alluding to some correlation between their price and circulating supply inflation rates.

Moulin also compared how much of the max supply is in circulation, stating that Ripple has only 30% of their max supply released, while Bitcoin has already released 87.5%.

Kyle Samani of Multicoin Capital aligned with this correlation, specifically mentioning the increasing sale of XRP as the key facilitator to driving the price down:

“The company has been steadily increasing their sales of XRP over the previous three quarters, likely inflicting downward price pressure on XRP.”

Ripple…

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