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More And More Ripple Whales Before Spark Token Airdrop

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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.

 

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.

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Mark Brennanhttps://thecryptobasic.com/
Mark is 27, holds a Master degree in Business Administration, and works as a content Creator at TheCryptoBasic mostly on Crypto Market Updates. Since 2014 he has been active in the crypto sector. Thanks to the Business College in which other than Business subjects, he was taught about the disruptive potential of Blockchain. His interests include Blockchain technology and Crypto Market innovations. He also founded a small startup in which he gives lectures on cryptocurrencies.

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