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According to Whale Alert monitoring, at 22:20 Singapore time, 100 million XRP (worth $283.89 million) were unlocked from escrow. In 2017, Ripple Inc. locked up 55 billion XRP (representing 55% of the total supply) in an escrow account based on the XRP Ledger. These escrow accounts are controlled by smart contracts and automatically unlock one billion XRP each month (originally set at one billion per month before 2020, later adjusted to 450 million per month). Not all of the unlocked one billion XRP enter circulation each time; Ripple typically only uses a portion of the unlocked tokens (such as for market sales), with the remaining part being re-locked into escrow for future release. In 2020, Ripple extended its escrow contract from 55 months to 70 months to further slow down releases.

CryptoQuant CEO Ki Young Ju posted on platform X, stating that although he is not a fan of Meme coins, he still believes they have potential value. The current phenomenon of Meme coins is similar to the original collective consciousness. These communities operate in ways similar to shared belief systems and may evolve from "shamanic movements" into more structured belief systems. Harmful Meme communities should be rejected, while those promoting positive spiritual energy can receive support. Although the value of Meme coins is limited at this stage, in the long term, Meme coins with practical uses and mature systems may emerge. In the future, religious organizations, charities, and non-governmental organizations may issue socially valuable Meme coins to provide new social and economic models for internet communities.