Ripple will unlock 1 billion XRP tomorrow

Ripple is scheduled to unlock 1 billion XRP tokens from escrow tomorrow, August 1, as part of its standard monthly release process. The token is currently trading at $3.17, with a market capitalization of $187.72 billion, and approximately 59 source: https://finbold.com/ripple-will-unlock-1-billion-xrp-tomorrow/