Although XRP has been around for a while now, it has only recently begun to gain widespread adoption. Other cryptocurrencies, such as Ripple and Litecoin, are also available. Spark tokens were set to be distributed by airdrop on December 12th, 2020. Who was eligible for the airdrop? After finalizing with the wallet of choice, you can now copy your address and set the secret code and the recovery statement. Multiple exchanges are taking part as more than 4 billion tokens are distributed to those eligible. It is much safer and smarter for any user looking to invest in cryptocurrency to do their own research and to understand the risk associated with it. Binance US also announced suspending XRP trading for its customers, while Bitstamp already delisted the token. Coinbase, Inc. Coinbase Global, Inc. Brian Armstrong, New to ClassAction.org? Flare Token is not currently supported across Coinbase's vast ecosystem. Carefully review all transaction details in your connected wallet and only confirm if the message key corresponds to your intended address. The Spark tokens value is uncertain at the moment, but it certainly will have value when it is released, and that value is expected to probably climb in the long run. Flar is likely to reach $0.55 in 2023, $0.17 in 2024, and $0.12 in 2025 as a result of this trend. The airdrop was done in order to incentivize people to hold XRP and to increase the adoption of the Flare Network. Cardano (ADA) and DApps: A Match Made in Blockchain Heaven? Special thanks to our partner PrimeXBT for this detailed analysis of the SPARK Airdrop: XRPholders will be excited to know that by simply holding tokens from Ripples cryptocurrency arm, they will be entitled to a new token on a 1:1 basis. This will need you to go to Properties in the Account menu and paste your copied address in the message key field. According to Hugo Philion, Flare Networks co-founder and CEO, there is a quick update. XRP Holders Will Receive Spark Tokens On A 1:1 Basis Sologenic has established a decentralized NFT Marketplace in order to raise $1 Billion in XRP from XRP holders. Notably Coinbase was one of the cryptocurrency exchanges that delisted $XRP after the U.S. Securities and Exchange Commission (SEC) sued Ripple and two of its executivesalleging they sold unregistered securities when they issued $1.3 billion worth of XRP tokens.
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