How bad is XRP going to dump after the snapshot? Can anyone who has done similar airdrops comment on this? I'd like to grab some Spark, but if the price is poised to drop 50% seconds after airdrop, then I might opt out.
XRP/Spark
Jaxon Martinez
Bentley Carter
Problem is:nobody knows what the value of the Spark token will be. You get 1 Spark per 1 XRP. If it's same value and XRP dumps 50% you lost nothing. Because after the post-airdrop dip (yes, I expect one, it will be a big retard shakeout) XRP almost certainly will go up further in time. There is no avoiding it anymore.
Cooper Gomez
Will it dump instantly do you think at a magnitude of 50%?
Adrian Flores
Lol ripplebros are going to be shocked to discover that this pump is due exclusively to people wanting to claim spark, and the INSTANT the snapshot happens, xrp is going back down to 35 cents. Screencap this.
Kevin White
yes
and more
way more
Cameron Peterson
no way, unless it pumps hard right before the airdrop
Hudson Kelly
what is the best way to claim the spark? I hold my XRP on binance which doesn't participate. Where shall I send it to get the free coin?
Brody Young
I think BNC just decided to participate, not sure, go check.
Jonathan Bennett
Christopher Edwards
Christopher Hernandez
Just make sure you don't sell before snapshot
Aaron Hernandez
feels so good
Josiah Cruz
i won't be shocked and expect 25c; i'm a brainlet and know this is because of spark the pump
Henry Thompson
50% lol no, bitcoin would drop a few % after its forked, bcash and bsv. Xrp is a big cap with major liquidity, I’d likely expect a 5% drop afterwards as people who bought just for the fork sell
Joseph Hughes
So the airdrop is only releasing 15% on launch which means you cant dump the spark tokens as there will only be 15% of the supply of xrp
the price of XRP and the spark tokens when people grasp what they can do is going to break out.
DO NOT SELL ANY XRP OR SPARK OR YOU WILL FOREVER REGRET IT,
Jeremiah Myers
I would not leave mine on an exchange but rather my own wallet. Tokens are going to be distributed over 3 - 4 years and I would not want to trust and exchange to follow through for that long of a time period when you can simply use your own wallet.
Angel Scott
Can I get the spark in Coinbase/Coinbase wallet?
Austin Long
If it were one of the other supported exchanges I would agree, but I trust Binance enough
Most likely not, knowing Coinbase they will participate in the airdrop but they will not distribute their reward to users
Dominic Anderson
LONG HERE XRP, GET RICH TOMORROW .
Dylan James
I hear you, but I am going to handle mine personally in my own wallet. It’s simple and eliminates any risk
Alexander Torres
>He thinks small money fomo can pump the volume like this
Lol
John Anderson
I'm selling at 2,000 $.
Owen Richardson
>he thinks all big money is smart money
Lol
Colton Sanders
How do we swap thats holding xrp to flare? Im using toast wallet on my phone.
Sebastian Gray
Stupid question
I have xrp on coinbase
Which of the approved exchanges is easier to transfer xrp for the airdrop?
Angel Baker
Upstart
Christian Morgan
Read the damn thread of the fucking sticky
Cameron Gomez
Staking makes this a little different.
Jace Morgan
I have my zerpies in XUMM and have my compatible 0x on MEW am i gmi?
Henry Taylor
flare.xyz
As well there is news that Binance is now participating but that is not yet added to the page I linked
Evan Bailey
go check the wallet stats and look at the trends. HINT: The top wallets (5 million + )have increased their share drastically, everyone else has proportionally less xrp