This Saturday, 12/12/2020, the snapshot for the Spark Token Airdrop is coming. Interest in the Ripple Airdrop is high. Recent figures from the analysis firm Santiment show that the number of XRP Whales has increased sharply in recent weeks. Demand for the cryptocurrency increased because of the upcoming airdrop.
Let’s catch a more in-depth look at the numbers for The Ripple Airdrop.
The basis of our article is a recent tweet from Santiment on 12/11/2020.
The data analysis company Santiment has published a graph showing that the number of XRP Whales has increased sharply in recent weeks.
🐳 Leading up to tomorrow's $SPARK airdrop, #Ripple's addresses have grown rapidly. Particularly, addresses with 10M or more tokens (currently $5.67M or more) have risen to an ATH # of 339. This looks promising for the tier that has the most $XRP at stake. https://t.co/x7TV1Pt23n pic.twitter.com/iw9Oc6U87o
— Santiment (@santimentfeed) December 11, 2020
The number of XRP accounts with a balance of more than 10 million XRP has reached a new all-time high of 339 addresses.
As the graph shows, we have seen a sharp increase in Ripple Whales since November. The high demand is triggered by the upcoming Airdrop of the Flare Networks Spark Token.
The allocation of the new tokens depends upon how many XRP you hold. It will be a 1:1 token distribution.
An airdrop is a long-awaited event.
Ripple (XRP) owners have enjoyed an increase in the XRP price in recent weeks. Because more than 50 crypto exchanges now support the airdrop, so lively participation is expected. The distribution of the Spark (FLR) token will be in ratio 1:1 to XRP ownership.
Ripple employees are also allowed to participate in the event. In particular, the management team, which already holds many XRP, is pleased about the airdrop. The only exception is Jed McCaleb, who was excluded from the Spark Token Airdrop.