Flare airdrop and also providing free Spark tokens made Ripple (XRP) propel. However, only two more days left to claim airdropped Spark tokens.
Ripple is the third-biggest cryptocurrency by market cap. Moreover, XRP investors had a more painful bear market than other crypto investors recently. This made the XRP investors hold. In addition, these investors have been rewarded well with a surprise 200% rally in Q4 2020.
According to CoinGecko, the XRP price is at $0.572 with a 24-hour trading volume of $7.8 billion, at the time of writing.
[image lightbox=”1″ caption=”XRP Price Chart 1-Month (Source: TradingView)”]https://thenewscrypto.com/wp-content/uploads/2020/12/XRP-Price-Chart-1-Month.jpg[/image]
XRP Price Chart 1-Month (Source: TradingView)
Besides, bullish movement and ROI, Ripple holders could claim an equal amount of Spark tokens as part of Flare Network’s upcoming airdrop. Even more, the free tokens are only accessible on holding XRP.
Furthermore, the Flare Network leverages the XRP ledger. However, it brings in Ethereum smart-contracts to run DeFi applications on the Ripple-created protocol. In order to claim Spark tokens, users need to keep XRP stored on any of the crypto exchanges that support the Flare Network airdrop.
Below is the full list of supported exchanges available. And also can be seen on the Flare website. Nevertheless, each exchange will handle it all and at some point release the Spark tokens to investors who held Ripple at the time of the snapshot.
[image lightbox=”1″ caption=”List of exchanges supporting Spark token airdrop (Source: Stedas.hr)”]https://thenewscrypto.com/wp-content/uploads/2020/12/List-of-exchanges-supporting-Spark-token-airdrop.jpg[/image]
List of exchanges supporting Spark token airdrop (Source: Stedas.hr)
Investors need to have close attention to the supported exchanges. However, some exchanges like Coinbase does not plan to give Spark tokens until an unspecified date. Moreover, it also reminds the tokens subject to regulatory scrutiny first.
Furthermore, Spark tokens will be available for claiming, after the snapshot date of December 12, 2020, at 00:00 AM UTC.