Summary
- The decrease in XRP staking is raising concerns among investors.
- It was reported that the amount of XRP locked in the market maker (AMM) pool of the Ripple Ledger decentralized exchange (DEX) has decreased to 12,906,712.
- The decline in this indicator is evaluated to mean that investor interest in XRP has decreased.
The decrease in XRP staking is raising concerns among investors.
On the 27th (local time), cryptocurrency specialist media U.Today reported, citing data from on-chain data provider XRPSAN, that the amount of XRP locked in the market maker (AMM) pool has decreased to 12,906,712.
The AMM pool is a channel that can provide liquidity to the Ripple Ledger decentralized exchange (DEX).
U.Today evaluated this by stating, "The decline in this indicator shows that interest in XRP staking among investors has decreased," and "This means that investors lack confidence in the outlook for XRP."
Meanwhile, as of 8:05 AM on the 28th (Korean time), XRP is trading at $2.31, up 0.67% from the previous day according to CoinMarketCap.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.![[Market] Bitcoin breaks below $68,000 as losses deepen](https://media.bloomingbit.io/PROD/news/3a08fe32-6a33-4a62-bb89-4afb5c5399ca.webp?w=250)
![[Market] Bitcoin breaks below $70,000… Korea premium at 0.31%](https://media.bloomingbit.io/PROD/news/74018332-717e-4495-9965-328fe6f56cb4.webp?w=250)
