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XRP’s spark token airdrop finds growing support, in talks with Binance and Kraken

Photo of: Sangeetha Golchha
by Sangeetha Golchha

Ten exchanges until now have pledged to provide their support for the Spark token airdrop to XRP holders and among these names, the most prominent and notable names include Poloniex, Bitrue, and Uphold. What is more noteworthy is that the support for the Spark token airdrop is finding great support and the number of crypto exchanges confirming their word to support the airdrop to XRP holders is growing on a continuous note. 

In September, the support for the token airdrop were 7 notable exchanges that came forward to support, and in less than a month the number increased to ten. Apart from this, seven crypto wallets and three crypto-centric companies will also provide the requisite support of the Spark token airdrop. And after combining all of these, the total number of platforms that have confirmed their support has reached 20. 

Source: Twitter

Those exchanges which are already in talks with the team at Flare Networks in order to support the Spark token airdrop event are Binance, Kraken, Bitbank, SBIs VC trade, eToro, GMO coin. The Flare network confirmed the same on its Twitter handle and was excited to be in talks with the biggies like Kraken and Binance for the support of Spark token drop. 

Source: Twitter

The official Twitter handle @FlareNetwork’s tweet was a regular message that did not let out many details about the deals but it has confirmed that talks are on. That the talks go in which direction we will know only later. 

Market performance much ahead of the token snapshot on 12th December shows that XRP is still trying to demould from the resistance level of $0.26 amid the current bullishness in the crypto markets. We did observe how Bitcoin also broke past the $12k and $13k resistance levels so quickly because of some good news surrounding it.PayPal has also begun its crypto services and has included Bitcoin as one of the tokens along with ETH.  

What cannot be denied is that the general bullishness in the last one week has gone a long way in picking up the prospects of other assets. Ethereum and LINK broke the $400 and $12 figure respectively and as for XRP, it proceeded marginally and pumped up to $0.264. XRP price as of today is $0.256352 with a 24-hour trading volume of $1,090,436,162. XRP price increase has seen a small yet noticeable increase of 0.2% in the last 24 hours. Its circulating supply is 45 Billion coins with a maximum supply of 100 Billion coins. 

The increase may not be earth-shattering but what needs to be noted is that if the current bullish trends continue and get extended in the holiday season, XRP may find the new momentum to undergo the litmus test again at $0.30. The investors would obviously look at accumulating the digital asset ahead of the December 12th Spark token airdrop.