At the time of writing, XRP is trading $0.68 after posting a 2-year peak value of $0.78 – Binance rate. The renewed interest in XRP has also reflected on the price of the digital asset in the crypto markets. Source, XRP’s Parabolic Run Could Result in Consolidation or a Pullback On this day, a total of 8,068 accounts were created on the XRP ledger as highlighted in the chart below. A brief look at reveals that November 24th had the highest number of accounts created in a single day on the XRP ledger since the 2017/2018 crypto bull run. Since news broke of the Flare Networks airdrop happening next month, the XRP ledger has experienced a surge in new accounts created in the past week alone. Flare Networks Airdrop Results in a Massive Interest in XRP #XRP holders at these exchanges that want Spark will need to move to another exchange or self custody if these don’t announce soon.
We are still waiting on oinbase, inance, Bittre圎xchange, to announce their position on the Spark distribution. Earlier this week, the team at Flare Networks notified the XRP community that they were in talks with several major exchanges with regards to supporting the snapshot and subsequent airdrop. User A = Amount of XRP held by User A at the time of snapshot / Total XRP held by Binance at the time of snapshot * Total SPARK received by Binance for the airdrop Flare Networks in Talks with Coinbase, Bittrex, Kraken, Bitfinexīinance confirming support for the Flare Networks snapshot could be a sign that other major exchanges will soon make an announcement regarding the same. Additionally, the individual allocation of SPARK tokens to XRP holders will be based on the following formula. The team at Binance went on to explain that deposits and withdrawals of XRP will be suspended beginning 10pm on the day of the snapshot, December 12th. XRP Deposits and Withdrawals to Be Suspended at 10 pm UTC The airdrop snapshot will take place at the first validated XRP ledger index number with a timestamp greater than or equal to 2 00:00 AM (UTC). The team at Binance made the announcement earlier today via the following statement.īinance will support the Spark (SPARK) Airdrop Program for XRP (XRP) holders. The crypto exchange of Binance is the latest to confirm its support for the Flare Networks snapshot on the XRP ledger. XRP could continue gaining till the event on December 12th.The team at Flare Networks is in talks with other major exchanges.Binance is the latest major exchange to support the event.Binance has announced that it will support XRP’s Flare Networks snapshot and airdrop of Spark tokens.
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