Will Ripple co-founder sell XRP worth $166M?

Despite the fact that market regulators in the United States are yet to decide the fate of XRP as a digital asset, its spot market has been seeing positive momentum from the community members. In the past week, the XRP price has surged by 60% from $0.4079 to $0.6553, and at the time of writing the value of the digital asset was $0.6148. This escalation in its price has pushed it one place higher on the CoinMarketCap list with a market cap of $27.8 billion.

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