In continuation to my last post, here are the Ripple (XRP) total supply numbers I recorded:
July 13 8:11 PM - 99,991,554,656 (1071 burned)
July 14 1:00 PM - 99,991,554,008 (648 burned)
July 15 10:04 AM - 99,991,496,855 (57153 burned)
July 16 12:47 PM - 99,991,392,045 (104810 burned)
The first two days above were weekend days. So burning was lower because of lower transactions. However, the next two days had very high burn rates. I do not check every day, but I never saw high burn rates such as this for XRP. I mentioned in my last post about the XRP burning possibly accelerating and this is what seems to happening. I think the burning will increase as time goes on too. So for every day in the future, XRP supply will diminish. This will cause the price to increase, even if the market cap never goes up.