Ripple CTO Says Burning XRP Escrow Will Have No Effect on the Price

Ripple’s Chief Technical Officer, David Schwartz, has rejected one of the biggest myths in crypto, leaving many users stunned about the logic of how burning tokens can affect a digital asset’s price.  Token Burn Alone Does Not Affect Prices According to Schwartz, burning the XRP escrow is not enough to send the cryptocurrency’s price higher. […] Read The Full Article Ripple CTO Says Burning XRP Escrow Will Have No Effect on the Price On Coin Edition.