Ripple - June Annoucement Regarding Supply and Release of Coins. "Lock up" of coins Agreement Soon?
Some people are worried that almost two thirds of ripple coins are in the hands of a third party. Such a large volume could be used to manipulate the market. In a bid to assuage some of these fears it appears as though the boys at Ripple are releasing an extensive lock-up agreement spanning a whole decade and more.
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price will spike, then crash imo
Yeah, looks like its about to happen. Looking very similar to Litecoin