Ripple reported about 80% decrease in XRP token sales

A new report published on the fintech company Ripple website reports a decrease in XRP token sales.

Since the second quarter of last year, Ripple’s sales strategy has changed, now taking into account the problem with fake statistics on the CoinMarketCap website.

In the last quarter of 2019, XRP sales barely exceeded $ 13 million. Compared to the previous period, this is almost 80% less. This is due to the fact that in the fourth quarter the company sold tokens only to strategic partners and not through exchanges.

In addition, the XRP volatility indicator decreased from 3.6% to 3.1%, catching up with Bitcoin and Ethereum. The daily sales volume also fell, from 198 to 187 million dollars.

“Of note, in December of this quarter, Ripple returned a full one billion back to escrow, for the first time ever. In total across the quarter, 2.7 billion XRP were returned and subsequently put into new escrow contracts” —  the company said.

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